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More venture capital flows to Oregon

July 19, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

The latest venture capital tallies out today contain a pleasant surprise for Oregon – some previously unpublicized investments that made the first half of 2008 a robust one for the state’s startup community.

While not as strong as a banner VC haul during the first half of 2007, the $130 million that Oregon companies raised in the first part of the year is very healthy by the state’s historical standards. It comes despite a declining regional and national economy.

By Mike Rogoway
The Oregonian

Full Story: http://www.oregonlive.com/business/index.ssf/2008/07/more_venture_capital_flows_to.html

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