By Kiera Morgan
Regional Accelerator and Innovation Network (RAIN) has worked with the Lincoln County and the central coast region for more than a year to bring focus and support to entrepreneurs and businesses. RAIN recently announced that they have hired a new coastal venture catalyst, or CVC David Youngentob, to begin Nov. 1. “David is transitioning from his Director of Entrepreneurship role at Fertilab over to the coastal venture catalyst role” said RAIN Venture Catalyst Caroline Cummings. RAIN was started to advance the formation of high-growth innovative startup companies in Lane, Lincoln, Linn and Benton counties. It offers instruction for startups, accelerator and pre-accelerator programs for launching businesses, resources for testing the market, opportunities for investment and connections with partners and mentors.
Cummings has been RAIN’s main presence on the coast since October 2015. “We have had an overwhelming response to the CVC position – 40 applicants from all over the country. This speaks highly of the work they’re all doing to expand the entrepreneurial outreach and support on the Mid-Coast. We really want to get boots on the ground.” Youngentob’s territory will be western Lane County and Lincoln County. His experience with rural communities, entrepreneur support groups and mentor programs will benefit the mid-coast region. He has also been an entrepreneur and started his own traded-sector bio-science company. Cummings thanked the city of Lincoln City, The Economic Development Alliance of Lincoln County and the city of Toledo for their support of the program.
Information and photo provided by RAIN