Oregon Enterprise Blockchain Venture Studio

News
News
August 6, 2019

Concord selected as one of six startups out of 1,000+ applicants to participate in the Oregon Enterprise Blockchain Venture Studio.

Concord selected as one of six startups out of 1,000+ applicants to participate in the Oregon Enterprise Blockchain Venture Studio.

R/GA Ventures will lead the collaboration studio in the hopes of creating a “blockchain ecosystem” in Oregon

Portland-based startup Concord was recently selected to participate in the Oregon Enterprise Blockchain Venture Studio (OEBVS) — a public/private program designed to support startups developing blockchain products for businesses. The studio is operated by R/GA Ventures, which selected Concord as one of six companies out of 1,000 applicants to join the program.

Designed to drive blockchain-led innovation across industries, OEBVS will focus on developing startup-led products, services, and tools that can help studio partners realize the full potential of blockchain technologies — from decentralized, organizational constructs to new ways of using data to drive business.

“It’s an incredible honor to have been selected from a competitive applicant pool to participate in this studio, and we look forward to working with R/GA and other partners to further develop our technologies and take Concord to the next level,” said Concord CEO Dash Lavine. “With blockchain technology, we can create a solution that empowers companies to offer data control and transparency to their users, while at the same time re-establishing trust and complying with data privacy regulations—without sacrificing their investment in customer data and marketing tools.”

Over the course of the program, the studio will work with selected companies to identify strategic market opportunities, and provide them with the guidance and partnerships to spark momentum and sustain ongoing growth. Concord will work with a specialized R/GA team tailored to their immediate growth, as well as receive one-on-one mentorship with industry executives and direct access to R/GA and its world-class studio partners.

The program kicks off on July 29 and will last 12 weeks, concluding with a demo event in October where Concord and the other participants will present their company and product pitches to studio partners, investors, and industry leaders in technology and innovation.