TiE Oregon Launches Second Incubator

Release Date: 
06/03/2013
TiE Oregon and ISITE Design inaugurated their new TiE Pearl Incubator on Wednesday, May 29th, in Portland Oregon.

Over 250 people attended the ribbon cutting ceremony, including TiE CEO, P.K. Agarwal, former TiE Trustee, Vish Mishra, President of ISITE Design, Paul Williams, and Oregon State Treasurer, Ted Wheeler. TiE Pearl offers a space in downtown Portland for tech startups to connect, collaborate, and create. The idea behind TiE Pearl is to offer a supportive environment where TiE members can find rental space for their startups and utilize the resources offered by TiE. Startups will be exposed to mentoring, angel funding, and networking opportunities with other companies occupying the space.

TiE Pearl is the second incubator for TiE Oregon. The first one – the TiE Westside Incubator – located in the heart of Silicon Forest on the Westside, was launched in 2011 to attract aspiring tech-entrepreneurs. TiE Oregon President, Nitin Rai, addresses the difference between the 2 incubators by saying that TiE Pearl “offers access to the expertise of the ISITE Design team.” ISITE can partner with companies to create the key design and developmental elements that can help bring a business the recognition and support it needs.

The facility is currently at 75% capacity with a few workstations still available.

TiE was founded in 1992 in Silicon Valley and, over time, has grown to become the world’s largest not-for-profit organization promoting entrepreneurship. Currently, TiE has 60 chapters in 17 countries with over 11,000 members. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, educating, and funding. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing the next generation of entrepreneurs.

Comments

Miten Mehta's picture

Congrats Nitin and team for

Congrats Nitin and team for leading the way on creating successful incubator model. would love to discuss partnershipw ith our KloudLabs Accelerator here in Silicon Valley for your hatched companies. Send em email on address below and let em know a good time to speak / discuss. Regards Miten Co-Founder & COO KloudData Inc. 4580, AutoMall Pkwy, #121 Fremont, CA 94538 T: 510 248 0600 M: 510 456 6828 India: +91 993 007 8040 E mitenm@klouddata.com
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