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Oregon treasury invests $3 million in angel fund

February 7, 2008 /

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PFL Tech Inc. is a marketing technology company that provides sales enablement and marketing automation solutions, as well asprinting, mailing, and fulfillment services. They also provide some great Montana Jobs.

A state treasury fund that invests lottery proceeds on behalf of Oregon’s public schools will invest $1 million each of the next three years in the Oregon Angel Fund.

It’s a remarkable investment.

The Oregon Angel Fund http://www.oen.org/programs/oaf/ is a new venture designed to educate novice angel investors while placing much-needed seed funding in the bank accounts of local startups. It’s too new to have earned any returns.

Portland Business Journal – by Aliza Earnshaw Business Journal staff writer

Full Story: http://portland.bizjournals.com/portland/stories/2008/02/04/story4.html?b=1202101200^1584696

(Many thanks to http://www.NASVF.org for passing this along. Russ)