State Small Business Credit Initiative Business Oregon Venture Fund Program

The Oregon Business Development Department is seeking proposals for a venture capital fund program to deploy SSBCI capital, with a selected proposer operating as the general partner.

Oregon Business Development Department (DBA Business Oregon) Economic Development Division


General
Open
S-12300-00010779
Nov 01, 2029 12:00 AM
Oct 29, 2024 10:00 AM
$10,000,000.00
Request for Quote/Qualifications (RFQ)
State
Contact
Denise Wendler
+19717186790
775 Summer Street NE, Salem, OR, USA
Description

The State of Oregon, through the Oregon Business Development Department, is seeking proposals to deploy SSBCI capital through a new venture capital fund program called the Business Oregon Venture Fund Program (BOV Fund Program). The selected proposer will operate as the general partner with Business Oregon as a limited partner. Funds will be invested in Oregon firms. The initial term of the contract is anticipated to be 10 years and may be amended to extend and/or add related services, as allowed by law. Proposals are to be submitted electronically through OregonBuys.

Classification Codes
NAICS525910Open-End Investment Funds
PSCR547STUDY/ACCOUNTING/FINANCIAL MGT
Smart Codes
venture capital fundinvestment managementsmall business capital
Timeline
Oct 29, 2024 10:00 AM-Posted
Nov 04, 2024 03:00 PM-Questions Due Date
Nov 01, 2029 12:00 AM-Due