Oregon startups attracted almost double the amount of venture capital in 2010 as the year before.
Oregon startups attracted almost double the amount of venture capital in 2010 as the year before, according to data from the National Venture Capital Association.
The $173 million in backing for Oregon entrepreneurs made 2010 the state’s second-best year for venture capital since the dot-com era. The numbers represent a potential renaissance in Oregon’s entrepreneurial economy, and growing diversification among new businesses.
“I think that was very much not a blip, but indicative of where we’re headed,” said Diane Fraiman, a partner with Seattle-based Voyager Capital, an active player in the Portland startup scene.
“There’s still a lot of really, really early-stage stuff,” she said, “but there are some really interesting things on the horizon.”
Read more at OregonLive.com.
{biztweet}venture capital{/biztweet}
