Built Oregon launches 'accelerator,' supporting local businesses with no strings

The organization says that it is launching the first 'not for profit consumer product accelerator' in Oregon.

Posted: Mar 28, 2019 6:03 PM
Updated: Mar 28, 2019 6:04 PM

PORTLAND, Ore. — For many small businesses, getting off the ground is huge challenge. But once you have the goods and the revenue starts coming in, how do you take the next step?

Built Oregon, an organization dedicated to supporting the state's consumer product industries, has just launched the "first not for profit consumer product accelerator in Oregon."

Support covered by Built Oregon includes the following:

 - Finance and Operations
 - Branding
 - Sales Channels and Retail Partnerships
 - Marketing and Sales
 - Manufacturing and Production
 - Fundraising
 - If Applicable: Food Safety and Regulations
 - Sustainability
 - Direct to Consumer Strategies
 - Supply Chain
 - Human Resources and Talent Recruitment/Management
 - How to Create a Responsible Company

"And what does ‘not for profit’ accelerator mean? It means there are no equity or strings attached to the participation in the program, it’s totally free," said Alex Palmer with SOREDI in a recent article.

The program lasts 16 weeks, starting in May of this year. Built Oregon is looking for companies that are ideally bringing in between $125 thousand and $1 million in revenue.

"Have an awesome product you think is compelling enough for us to take on? Go ahead and fill out the application," Palmer said.


CLICK HERE to apply for the Built Accelerator program and for more information.


Eligible companies will be selling a consumer product — like a food or beverage, apparel, health and beauty supplies, home accessories, or pet products.

"Our belief is that if you are selling a product to a consumer, you are a consumer product," Palmer added.

Participants in the Built Accelerator will be expected to participate in weekly check-ins with the accelerator leads, attend weekly educational sessions, be committed to meeting with mentors on a regular basis, participate in monthly cohort family dinners, and participate in the Built Festival during the Fall of 2019.

Oregon Coronavirus Cases

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Cases: 135142

Reported Deaths: 1832
CountyCasesDeaths
Multnomah28678460
Washington18867175
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Clackamas11789138
Lane8467110
Jackson700485
Umatilla685671
Deschutes507339
Yamhill322846
Malheur316453
Linn314949
Polk249240
Klamath246944
Josephine178535
Benton174314
Jefferson171225
Douglas170943
Union112516
Wasco109123
Columbia105418
Lincoln100417
Hood River96121
Coos95215
Morrow94510
Clatsop6925
Crook62911
Baker5765
Tillamook3692
Curry3235
Lake2365
Grant2131
Harney1784
Wallowa973
Gilliam511
Sherman470
Wheeler201
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San Bernardino2569141560
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San Diego2185552174
Orange2165092508
Santa Clara949051129
Kern87240572
Fresno83200968
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Alameda68649788
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San Joaquin58843788
Contra Costa53349460
Stanislaus43121766
Tulare42186515
Monterey36464255
San Mateo32887309
San Francisco29502266
Solano25983107
Santa Barbara25405243
Imperial25333474
Merced24570316
Sonoma24184242
Kings19588148
Placer17490184
San Luis Obispo16056140
Madera13528151
Santa Cruz12461113
Marin11732159
Yolo10789138
Shasta9750123
Butte9528128
El Dorado788649
Sutter782879
Napa767244
Lassen519916
San Benito500346
Yuba499627
Tehama433244
Tuolumne340340
Nevada323474
Mendocino319232
Amador302431
Lake262531
Humboldt242725
Glenn194820
Colusa17969
Calaveras162123
Siskiyou145713
Mono11244
Inyo98329
Del Norte8672
Plumas5895
Modoc3853
Mariposa3464
Trinity3044
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