Angel Oregon Technology is designed to support early-stage technology startups based in Oregon and Southwest Washington by offering investment-readiness education, mentorship with successful local entrepreneurs in their sector, and connectivity within the local technology community.
The program is one in a series of Angel Oregon events facilitated by OEN which includes Angel Oregon Life and Bioscience (AOBIO) and Oregon Angel Food (OregonAF).
PRICING & REGISTRATION
- AOTech Cohort 2: OEN Member Select ⋅ $100.00
- AOTech Cohort 2: Non-Member Select ⋅ $150.00
INVESTMENT OPPORTUNITY
Based on interest from regional technology investors Oregon Entrepreneurs Network (OEN) is opening a 2024 Angel Oregon Technology (AOTech) Investment Fund.
OEN Member early stage technology companies and participants in the 2024 AOTech Spring Cohort, ready for dilutive capital investment, may apply to this program.
What is an early stage company eligible to apply for investment through AOTech?
Those with an established product/service, team, advisory board and roadmap may apply for consideration for the AOTech equity investment.
The application will require a pitch deck and financials. Interested founders should be able to demonstrate traction for a proof of concept in the form of prior funding (via grants, loans, “friends & family”) and have a clear sense of the company’s valuation.
Interested companies should fill out the interest form by Monday, June 10th.
PROGRAM DETAILS
EDUCATION SESSIONS
- AOTech SECOND cohort in 2024 features a three-week investment-readiness education series for technology startups at any stage of development.
- Cohort 2: Education Series
Tuesdays, August 20th – September 3rd – 8:30 – 10:00 am on Zoom
- Cohort 2: Education Series
PITCH PRACTICE
- In-Person Practice Pitch sessions.
- Cohort 2: Pitch Practice
Tuesday, September 17th – 11:00 am – 1:00 pm – Moss Adams.
- Cohort 2: Pitch Practice
INVESTMENT ANNOUCEMENT MIXER
- Tuesday, September 24th – 4:00 – 7:00 pm – Location TBD
EDUCATION SESSIONS
All education sessions will be conducted via Zoom. Content portions will be recorded and will be available to all registered participants following the session.
Investment Routes for your Tech Startup
Tuesday, August 20th
8:30 – 10:00 am
Every startup is different, and as such, fundraising journeys are unique. If you’re a founder of a tech startup, you understand how crucial money is when building a business. And raising funds is especially challenging for startups.
Venture capital, angel investors, private equity, government grants, accelerators, and incubators are some of the most common funding resources for tech startups.
This AOTech session will explore the types of funding available to founders and go deep into navigating funding based on the stage of your business and the developmental phase of your product.
Session Focus Points
- Creating a Business Plan
- Bootstrapping & Family & Friends
- Banks
- Government Grants
- Accelerators & Incubators
- Venture Capital
- Angel Funding
Presented By: Moss Adams
Moderator
Scott Leback
Partner
Moss Adams
Panelists
Julie Harrelson
Managing Director
Cascade Seed Fund
Tackling Term Sheets
Tuesday, August 27th
8:30 – 10:00 am
For founders seeking funding, the term sheet is a critical document that can make or break a deal. It sets out the key terms that will form the building blocks of the relationship and alignment between the company and the investor.
More than just a financial contract, term sheets are about preserving your startup’s vision, protecting its interests, and ensuring a fair partnership with investors.
This AOTech panel conversation will tackle term sheets, unraveling their significance, key components, and the critical art of negotiation.
Session Focus Points
- Cap Tables
- Valuation
- Option Pools
- Liquidation Preferences
- Board of Directors
- Investor Rights
- Ownership Percentage of Share Classes
- Participation Rights
- Dividends
Presented by: Stoel Rives
Speakers
Mary Hull
Partner
Stoel Rives
Glenn Butler
Board Chair
Bellingham Angel Investors
Surviving Technical Due Diligence
Tuesday, September 3rd
8:30 – 10:00 am
The goal of technical due diligence for a startup is to assess a product or service’s systems and infrastructure for potential risks, weaknesses, or gaps. This is done to catch anything that could hinder your company’s growth trajectory or compromise its ability to deliver on promises to investors, customers, and partners before it’s a problem
Successful technical due diligence requires careful planning and preparation. Understanding the process can help defuse many uncertainties and provide focus on the items that matter most.
This AOTech conversation will teach participants what to expect during technical due diligence and how to prepare — both logistically and mentally — for the entire process.
Session Focus Points
- Team Responsibilities
- Product Roadmap
- Technology Stack
- Processes
- Documentation
- Setting up a Data Room
- Security: Practices & Concerns
- Backups & Disaster Recovery
- Technical Debt
Moderator
Allie Persitz
Founder
Hubb & Dynamic Events
Panelists
Ryan Comingdeer
Fractional CTO
InnovāDev
Scott Grout
Tech CEO, Executive Mentor & Investor
Jessica Murrey
Co-Founder
Wicked Saints Studio
ADDITIONAL INFORMATION
WHY IS AOTECH IMPORTANT FOR FOUNDERS AND ENTREPRENEURS?
- To build your business: learn how best to finance growth, meet investors, connect with mentors, and solve operational problems
- To build community: connect with fellow founders and investors in the technology sector, learn the stories behind home-grown successes, and grow your network
- To build the local economy: earn investment, find local suppliers, and meet local talent
WHO IS INVOLVED?
- FOUNDERS: Technology founders and founding teams of all kinds – and stages – are welcome to register for the education sessions.
- ANGELS: accredited investors game to invest collectively in a technology company and help grow the regional tech sector are welcome. Details below.
- MENTORS: specialists of all kinds support founders with their time and talents in grant applications, business model development, regulatory compliance and testing, and so on.