RAIN seeks applicants for Business Accelerator Program

Oregon RAIN offers 10-week program for Florence-area entrepreneurs, business owners

Oregon RAIN (Regional Accelerator & Innovation Network) is seeking applicants for its Coastal Pre-Accelerator that starts on Wednesday, Oct. 17. The 10-week program offers hands-on training and mentorship to entrepreneurs and business owners in and around Florence.

The Coastal Pre-Accelerator is designed to teach entrepreneurs how to acquire more customers, develop a sales strategy, secure capital, find a mentor and more.

The Coastal Pre-Accelerator runs from Oct. 17 to Dec. 19. The cohort will meet from 5 to 8 p.m. each Wednesday at Oregon Pacific Bank in Florence, 1355 Highway 101, for meetings with RAIN’s Venture Catalyst David Youngentob, expert speakers, mentors and peers.

Drop-in guests will be welcome to listen to the guest speakers, with enrolled founders/companies staying for private mentoring.

There is no cost to participate in the Coastal Pre-Accelerator.

The application deadline is Friday, Sept. 28. Entrepreneurs can learn more and apply online at oregonrain.org/coastalpreaccelerator.

The Coastal Pre-Accelerator is tailored for startups that have already developed a product or service, but have not acquired many customers or raised any outside capital. However, entrepreneurs with a new idea are also encouraged to apply.

“The most important criteria for any applicant to the Coastal Pre-Accelerator is a commitment to growing your business,” said Oregon RAIN Executive Director Caroline Cummings. “Although established startups may be more familiar with the concepts, we’ll consider any entrepreneur who’s motivated to see their venture succeed.”

Eleven entrepreneurs participated in RAIN’s inaugural Coastal Pre-Accelerator program in 2017, including Lindsey Phillips, founder and CEO of Florence-based Meant Manufacturing.

“The Coastal Pre-Accelerator was awesome! Since working with RAIN, I consistently double my sales goals and I have the confidence to close bigger accounts,” said Phillips.

The Florence Coastal Pre-Accelerator is made possible by support from the State of Oregon, Lane County, The Ford Family Foundation, the Oregon Entrepreneurs Network, Oregon Community Foundation, the City of Florence and Oregon Pacific Bank.

“We’re thrilled to support Florence entrepreneurs through Oregon RAIN and the Coastal Pre-Accelerator. Entrepreneurship is critical for growing our local economy and Oregon RAIN has a proven track record for identifying and assisting startups that have the potential to create new jobs and bring wealth to our community,” said Erin Reynolds, city manager for the City of Florence. 

Oregon RAIN is a 501(c)3 nonprofit organization that was founded to advance the formation of high-growth, innovative startup companies that generate jobs, wealth, and opportunities for the state. RAIN is run by experienced entrepreneurs and angel investors who connect entrepreneurs with strategic resources for launching and scaling business ventures, including mentor connections, educational and training programs and access to capital.

Oregon RAIN also builds entrepreneurial ecosystems in partnership with cities, counties, the state, foundations, and private funders.

Visit oregonrain.org to learn more.


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