24Notion is one of the proud sponsor for Startup PDX! The Portland Development Commission (PDC) opened applications Tuesday May 20 for the 2014 Startup PDX Challenge, an annual competition designed to connect startups to the growing entrepreneurial ecosystem in Portland, Oregon and assist the businesses for one year through their early stage growth. PDC is seeking diverse founding teams of for-profit startups with an ambition to scale to a national or international market. Six winners will receive a prize package valued at $50,000 which includes a $15,000 cash grant (no equity taken), free rent for one year, and free services and memberships. Applications close June 23 and the six winners will start the program October 1, 2014.
Challenge winners will receive a package valued at $50,000 per company:
- $15,000 working capital grant (no equity taken)
- Free rent for one year
- Free legal services
- Free marketing and PR services
- Free hiring and HR services
- Free memberships and access to eight different organizations and programs that focus on entrepreneurs
Challenge merit finalists will receive a package valued at $4,000 per company:
- Scholarship to entrepreneurship class at Small Business Development Center
- Discounted rate at Forge Portland coworking space
- Free memberships and access to seven different organizations and programs that focus on entrepreneurs
Follow us @24Notion for more tweet info! #startup #pdxchallenge