The Future of Small-Business Investing Is Here
Meet Oregon Entrepreneurs & Learn About Local-Investing Options
ENTERPRISE, Ore. (Oct. 1, 2015) – 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. The Northeast Community Capital Collaborative (NEOC3) and Hatch Oregon are teaming up to help Northeast Oregonians spread the word with evening presentations in Baker City and Joseph.
These events—open to the public—will be held from 6:30 to 8:30 p.m.:
Tuesday, Oct. 20
Barley Brown’s Taphouse
2200 Main St. in Baker City
Wednesday, Oct. 21
604 N Main St. in Joseph
Suggested donation scale $5 to $15; free for students
No registration required
Meet four Oregon entrepreneurs who are harnessing the power of local investing:
- John Childers: Baker City Saddle Co. “opened a full service saddle shop in Baker City. In addition to our custom leather work we will be displaying assorted used saddles on consignment.”
- Stuart Phillips: Red Wagon Creamery “takes ice cream to the next level. No shortcuts, no pre-made base mixes, no weird preservatives or chemicals, no frozen berries – just ice cream that we make from scratch to showcase local, Oregon dairy, and using local, seasonal fruit, berries, and produce.”
- John MacDougall: MacDougall & Sons Bat Company “invented, manufactures and sells the toughest and best performing real wood baseball bat in the world.”
- Kyle Akin: Crescendo Organic Spirits “makes traditional Italian liqueurs referred to as ‘cellos’ in a variety of flavors: traditional lemon along with our orange and unique lime flavors.”
Check out these and other Oregon CPOs at https://secure.hatchoregon.com/. In addition, Heather Stafford of Business Oregon and Ruth Miles, Small Business Advocate from Oregon’s Secretary of State office, will speak in Baker City.
Is Your Business Ready?
Does a CPO sound like a good capital-raising strategy for you? Hatch Oregon offers a webinar to discuss the basics of a Community Public Offering for entrepreneurs on Oct. 5 and on Oct. 14 (a one-day event, not a series). Topics covered:
- Whether a CPO is right for you and your business
- Costs of raising capital this way
- Time commitments required for a successful raise
- Technical requirements of the rules (disclosure documents, business plan review, legal compliance)
- What the Hatch Oregon platform offers
- What the Investor Ready accelerator offers
Because HATCH has USDA funding to support CPO training in Northeast Oregon, they have waived the fee for residents of Baker, Union, and Wallowa counties. Register here for Oct. 5 and here for Oct. 14, and use promo code NEOEDD to make the webinar free!
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.
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