Comment history

Work underway on community equity fund for Clark County

Don’t know if this is relevant…
but it seems there may also be potential w/ the SBA stimulus $$ & w/ Google/SBA’s connection in providing much-needed capital to start-ups and other tech-related companies; for businesses in Vancouver/Clark Co. as well as PDX.
See question on sources for start-up funding for more info…

May 9, 2010 at 4:53 p.m. ( | suggest removal )


Five Sources for Start-up Funding

Google Ventures
A network of Googlers w/ expertise in technology, referred to by Schmidt as Google’s “competitive advantage”, may give Ventures an edge on its competition. Ventures investments often originate from referrals made by Google employees, w/ friends who launch startups… thus, the advantage, as many VCs are run by people w/ a business-only mindset. Google Ventures hopes to invest around $100 million in 2010.

The Small Business Administration reported in April that loans issued in OR & SW Washington increased 32% over the past 6 months. Approximately $12.5 million / 49 loans went to business in Clark County. A new extension allows the SBA to continue stimulus loans through May 2010, or until funds provided by the bill are exhausted. Recovery Act funding remains available for other Recovery Act programs: the America’s Recovery Capital (ARC) & Microloan programs are still available.
SBA PDX: Dennis Lloyd, Director, Lender Relations

SBA + Google
Google and SBA Launch “Tools for Online Success” Partnership to Boost Small Businesses.
Google and the SBA unveiled the partnership during a forum held on May 5th at the SBA’s national headquarters in Washington, D.C., broadcast live online to press & small business owners.
Tools for Online Success

Cleantech Open
Cleantech Open hosts two competitions to develop & fund clean technology startup companies & ideas to foster the environment. The Cleantech competition categories are: Air, Water and Waste; Energy Efficiency; Green Building; Renewable Energy; Smart Power, Green Grid and Energy Storage; & Transportation.
The Business Competition: is for Ecopreneurs with early stage clean technology companies.
Final Entry Deadline: May 22, 2010
Regional finalists: $30,000 (cash + services)
One Regional Winner: $20,000 extra (cash + services)
National Winner: $250,000 prize package (investment + services)
The Ideas Competition: Cleantech Open also hosts an Idea Competition for the best clean technology ideas in the world.
Final Entry Deadline: September 30, 2010

Freight Transportation Infrastructure
President Obama’s goal to double American exports within five years will require multimodal freight transportation to become a national priority, which is good news for the Port of Vancouver. Senator Maria Cantwell, D-Wash., announced on April 6th that she plans to push federal lawmakers to create a national freight strategy, with dedicated funding for port infrastructure projects, including the Port of Vancouverʼs Freight Access project.

May 7, 2010 at 9:02 p.m. ( | suggest removal )