Want to support your neighborhood businesses? Be a small-town “angel” investor! “How to Be a Smart Local Investor” is a free 3-hour seminar for people who want to support the entrepreneurs who keep our economy running. The seminar provides a friendly and safe opportunity for participants to develop a personal framework for making investing decisions, and learn how to conduct due diligence and risk assessment. Participants will learn about different investment structures and have time to network.
Seminars take place 6 to 9 p.m.:
To register, call NEOEDD by Monday, Dec. 5 at 541-426-3598 or 800-645-9454, or email [email protected].
As more people become interested in local investing as a way to support economic growth and stability in their communities, small business owners can take advantage of these growing alternative funding sources. But which is which? How does a personal loan differ from a crowdfunding campaign? And what is a Community Public Offering (CPO)?
Lisa Dawson and Sara Miller of the Northeast Oregon Economic Development District (NEOEDD) are leading the “Raising Local Capital” seminar in November for people who want to learn more about raising business capital from local sources. They will help entrepreneurs understand the different forms of community capital, how to remain compliant with securities law, what motivates investors to invest locally, and the implications of accepting a local investment.
The seminar will provide information about the CPO, Oregon’s new Intrastate Offering Exemption that enables Oregon business owners to raise funds from Oregon investors. Participants will leave with an understanding of the time commitment and costs involved with a CPO, as well as be able to assess how ready they are to move forward with one. The seminar is recommended as a prerequisite for any entrepreneur interested in NEOEDD’s upcoming January CPO workshop series.
Seminars take place at 6 p.m.:
To register, call NEOEDD by Tuesday, Nov. 22 at 541-426-3598 or 800-645-9454, or email [email protected].
The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. In 2013, NEOEDD formed a regional collaborative—the Northeast Oregon Community Capital Collaborative (NEOC³)—that holds educational events, organized networking groups, and developed educational workshops. Learn more about our programs and business support at www.neoedd.org or 541-426-3598.
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ENTERPRISE, Ore. (Sept. 26, 2016) – Oregon has a new law that allows regular folks to invest in Oregon businesses, and encourages Oregon’s entrepreneurs to raise capital from their neighbors. Join Northeast Oregon Economic Development District (NEOEDD) staff as they describe the Community Public Offering (CPO) program and its history. Then, Joseph-based Judy Goodman, founder of BGood Bars, will present her actual CPO that is filed with the State of Oregon.
Tuesday, Oct. 18, 6 p.m.
Dry Creek Design
110 E 1st St. in Wallowa
Tuesday, Oct. 25, 6 p.m.
Cinco de Mayo
2102 Adams Ave. in La Grande
These events are open to the public; no registration is required. Suggested donation to NEOEDD scaled $5 to $15; free for students.
BGood Bars are artisan energy bars that are hand-crafted with unprocessed and often organic ingredients. They are sweetened only with honey and/or the naturally occurring sugars in the fruit, and dipped in “fair trade” dark chocolate. Judy Goodman launched BGood Bars in 2014 and has seen growth ever since, expanding her reach throughout Oregon and Idaho. She recently made her minimum goal for her CPO, a major milestone in the program.
“I’m thrilled to have investors who care about the future of my business,” says Judy. “It’s like my own team of cheerleaders, plus they have the potential to gain from my financial success as well.”
If you are an Oregon resident, check out Judy’s and other Oregon CPOs at https://secure.hatchoregon.com/.
NEOC3 is a community partnership that’s spreading the word about local investing, to educate people about their ability to take more control of their financial futures. The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about its programs and business support at www.neoedd.org.