Entrepreneurs seeking investment capital have an opportunity to present their launch-stage businesses for growth. Cascade Angels Fund 2016, LLC (the “Fund”) has opened up an application period for entrepreneurs to apply for investment on Gust.com with a deadline of April 15.
The Fund anticipates additional application rounds in ensuing months and investing in two to six companies in 2016. Typical investments are planned to be in launch-stage companies in Oregon from any industry. Investments are anticipated to average from approximately $50,000 to $250,000.
Cascade Angels Fund 2016, LLC is the third year-round fund based in Central Oregon managed by Harrelson Group. The Fund is committed to helping build Oregon’s entrepreneurial ecosystem. Cascade Angels funds have invested close to $1 million in Oregon since 2014.
“We hope to provide patient capital to entrepreneurs with Oregon-based companies, generate returns and create jobs.” said Julie Harrelson, CEO, Harrelson Group.
Cascade Angels Fund 2016, LLC’s mission is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity in Oregon. The Fund’s profile on Gust.com: https://gust.com/organizations/cascade-angels-fund/public_profile includes additional information regarding its purpose, mission and goals.