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venture capital |
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DeWitt founded Teresis in 2003 and got three-quarters of a million dollars in startup funding from the Tech Coast Angels after her business plan won Best in Show at the VentureNet venture capital conference. He also helped bring Chetco Federal Credit Union to town, persuaded the city to provide startup funding for Crossroads music, and appealed to the owners of a local restaurant not only to stay open but to expand their operations from 16 employees to 31. Willett said grants have been used as startup funding for arts programs, to buy computers, lab equipment, musical instruments or materials for math programs. |
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