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Cascade Angels Fund seeks launch-stage companies

KTVZ

Entrepreneurs seeking investment capital have an opportunity to present their launch stage businesses for growth. Cascade Angels Fund 2015, LLC (“Cascade Angels Fund 2015” or the “Fund”) has opened up its application for entrepreneurs to apply for investment on Gust.com.

The first-round application for companies seeking investment is currently available on Gust.com with a deadline of March 2, 2015. The Fund anticipates additional application rounds in ensuing months and investing in 1-4 companies in 2015. Typical investments are planned to be in launch stage companies in Oregon from any industry. Investments are anticipated to average from approximately $50,000 to $250,000.

Cascade Angels Fund 2015, LLC is the second year-round fund based in Central Oregon managed by Harrelson Group. The Fund is committed to helping build Oregon’s entrepreneurial ecosystem. Cascade Angels Fund 2014, LLC invested close to $400K in emerging companies and pushed the total investment in Bend Venture Conference to over $1M with its investments in Amplion and Poached Jobs.

“Cascade Angels Fund 2014 had a successful first year,” said Julie Harrelson, CEO Harrelson Group. “We want to build on that success in the 2015 Fund and provide patient capital to entrepreneurs with Oregon-based companies, generate returns and create jobs.”

Cascade Angels Fund 2015 mission is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity. The Fund’s profile onGust.com:http://gust.com/angel-group/cascade-angels-fundincludes additional information regarding its purpose, mission and goals.

Julie Harrelson is a serial entrepreneur in the Pacific Northwest who has founded and led businesses, including her current role as the Founder and CEO of Harrelson Group, a mobile accelerator and change agent in the region. Cascade Angels Fund is sponsored by Bank of the Cascades, Jones & Roth, Karnopp Petersen LLP and Harrelson Group.

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