PIE is seeking eight to ten brand-collaborative startups to join our space for 2011 and work with Wieden+Kennedy, Target, Coca-Cola, Nike, PIE alumni, and other startup mentors. We’re really hoping that’s you and your team.
PIE’s first class will officially kick off September 1. And applications are due August 1st! If you want to apply, act quickly! We promise that it will be worth your time.
Simply put, PIE helps accelerate companies. How? Well, in its first year, PIE helped host, accelerate, and mentor a number of successful startups. You might think of PIE as the epicenter of the Portland tech ecosystem. PIE location, connections and people make it easier to succeed as a startup. But don’t just take my word for it. During the first 18 months of PIE, three of our companies were funded, two of our companies were acquired, and one company published a book on launching startups. Below is a list of companies that PIE has helped.
PHP Fog (funded)
Urban Airship (funded)
Bass Masta (acquired)
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Startups selected for PIE will receive $6,000 per founder, up to three (3) founders (maximum of $18,000). In exchange for the your participation in the next version of PIE–including the seed funding, advice, mentorship, connections and other benefits–PIE 2.0 will receive a 6% common stock (i.e., “founders stock”) equity stake in your new company. This will place PIE 2.0 on par with you with respect to risk. And, we ask for no board seats or other types of control.