The OSU Advantage Accelerator is excited to announce....

 

The BEAVER SUMMER INVESTMENT OPPORTUNITY 2020!

 

Application closed June 30

BEAVER SUMMER INVESTMENT OPPORTUNITY 2020

Calling all companies affiliated with Oregon State University! The OSU Advantage Accelerator is excited to announce an opportunity this summer for Oregon-based companies to gain investment from Oregon’s premier investors, including: Cascade Seed Fund, Elevate Capital, Ideaship, Rogue Venture Partners, Voyager Capital and Willamette Valley Capital.

Eligibility

  • The solicitation will be open to Oregon State University affiliated companies, defined as:
    • Companies founded by OSU faculty, staff, students, alumni or member of the broader OSU community
    • Graduates of the Advantage Accelerator program
    • Companies with a research partnership with OSU
    • Companies which have received assistance from Business Oregon, and/or a Signature Research Center (ONAMI, VertueLab, OTRADI), and/or an Oregon-based investment firm.
  • Companies can apply as a pre-revenue company or a post revenue company.
  • Submissions include all required elements detailed on this page.

(Contact Karl Mundorff for eligibility questions karl.mundorff@oregonstate.edu)

Successful applicants will go through a due diligence process and finalists will make a public presentation to the assembled group of investors. Investors will make their own investment decisions and may join with others to pool an investment.

Investments for pre-revenue companies is estimated to be in the $25k - $50k range.  Investments in post-revenue companies could be up to $100,000.


Application deadline and requirements:

Applications were due by midnight on June 30. You must have submitted the online application and all requested documents using the online form that was posted to this website.

As part of your application, a pitch deck is required covering at minimum the elements found in the sample pitch deck. In addition, a three-year financial pro forma (income statement and statement of cash flows) with the first year broken down by month and the following two years by quarter is required. 

It is beneficial for pre-revenue companies to submit Letters on Intent from potential customers, however, it is not required. Should an applicant choose to submit a LOI, they can include it along with the pitch deck and proforma on their application. 

The application is now closed.

Timeline:

Jun 15: Application opens. All applications must be submitted via the online application that will be linked on this page.

Jun 30: Application closes. All applications and supporting materials must be received by midnight PST.

Jul 1-10: Verification of acceptance of your application and materials will be emailed to you.

Jul 13 - Aug 31: Due diligence conducted on the accepted applicants by a team of supervised interns. You may be asked for additional materials, answers to clarifying questions, etc.

Sept 8-10: A short list of finalists announced. Diligence report/background information provided to the investors. 

Sept 11:  Company presentations via Zoom.

Sept 14-19:  Investment deliberation and decisions to be made by the investors.

Sept 30: Decisions announced to the companies.

Market sectors:  We encourage you to review each investor’s website to understand its investment thesis and market sectors to help ensure there is an investor interested in your market.

Additional Notes: 

Though it is expected that investments will be made, there is no guarantee that any company will receive funding. All investment decisions will be made by each individual funder with no guarantee that an offer of investment will be made. 

Companies accepting investment also accept being included in marketing and promotional materials and events of OSU.

 

About the OSU Advantage Accelerator: The OSU Advantage Accelerator is part of the overall Advantage program, part of the Research Office at Oregon State University focused on increasing the impact of Oregon State University research, driving the development of the regional innovation economy, developing career resilient students and creating global impact. More information on the Oregon State University Advantage Accelerator can be found here.