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

 

The BEAVER SUMMER INVESTMENT OPPORTUNITY 2021!

BEAVER SUMMER INVESTMENT OPPORTUNITY 2021

The OSU Advantage Accelerator is excited to announce the return of an opportunity this summer for OSU Advantage-affiliated companies to gain investment from Oregon’s premier investors, including: Cascade Seed FundE8 Angels, Elevate Capital, Ideaship, Industrial Technology Investment Corporation, Oregon Venture FundRogue Venture Partners, Willamette Valley Capital, and VertueLab.

Eligibility: 

  • The solicitation will be open to Oregon State University Advantage affiliated companies, defined as:
    • Graduates of the Advantage Accelerator program
    • Companies with OSU-licensed intellectual property
  • 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 [email protected])

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 are due by midnight on May 14. 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. 

Timeline:

May 14: Application closes. All applications and supporting materials must be received by midnight PST.

May 17 – 21: Initial application review by OSU

May 27 - Notification of acceptance sent to applicants

Jun 1 – Jul 30 - Diligence done by OSU interns overseen by OSU Accelerator staff

July 30 – Final selection of presenters. Diligence report/background information provided to the investors. 

August 11 – 12: Final pitches to investors

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.