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SSBCI Venture Direct Program (Business Oregon / Elevate Capital)
State Small Business Credit Initiative (SSBCI)-funded venture capital program deploying up to $15 million into early-stage Oregon startups, managed by Elevate Capital, with a focus on diverse and underserved founders in tech, life sciences, and cleantech.
About this program
Visit the program website for full details.
Eligibility
Oregon-based early-stage startups in technology, life sciences, cleantech, and other traded sectors. Must be headquartered in Oregon, have a majority of employees in Oregon, or maintain a principal Oregon business location. At least 40% of portfolio targets SEDI-owned businesses.
Requirements
- Must be headquartered in Oregon or have majority Oregon employees or principal Oregon business location
- Must be an early-stage for-profit company
- Priority given to SEDI (socially and economically disadvantaged individuals)-owned businesses