Companies Pitch Ideas for Investment

JACKSONVILLE, Ore. — The local economy will be getting a boost from investors. Thousands of dollars are on the table for one-of-a-kind ideas.

Concept-stage companies are pitching their ideas to move on to the Southern Oregon Angel Conference this April. All nine companies are concept-stage companies, which means they are that are just starting out and need that extra boost of funding.

Five of them will be chosen to move on to Angel Conference on April 11th. The winner will receive ten to eleven thousand dollars.

“There are local serviced and food oriented businesses. There are technology based businesses. Businesses that have previously competed that have spent the last year refining and improving their business concept,” said SOREDI Executive Director Ron Fox.

Besides the nine companies pitching their ideas. The Southern Oregon Angel Network plans to announce the five launch-stage businesses who will be competing for $205,000 to get things started. These are companies that are already past the concept-stage and are ready to get their product out there. The event goes till 7 p.m. at the Bigham Knoll Event Center in Jacksonville.