MEDFORD, Ore. — Local companies now have a few extra days to apply for a chance at a major start-up investment. The Southern Oregon Angel Investment Network says sign-up problems have led them to extend the application deadline.
The original deadline for local companies to apply for this year’s Angel Investment Conference was last Thursday, but only about 10 companies signed up. Officials say it was a problem with a new online system. So the deadline has now been pushed to next Monday, February 11th.
Officials say they were using a new signup system online, and technical problems had prevented some companies from submitting their business plan. 31 local companies signed up last year and officials say extending the deadline will allow more companies the chance to sign up, and give other companies extra time to review their business plans at the last minute.
Finalists in the Angel Conference will get a chance to pitch their business plan to a group of local investors, with a chance at receiving a $200,000 investment. Conference officials say there is a chance that investment could increase. The conference will be held April 11th at the Bigham Knoll Campus in Jacksonville.