Entrepreneurial Services
Our entrepreneurial services team helps startups and high growth businesses lay a financial and structural foundation for success. Drawing upon our firm’s long history of providing strategic counsel and transaction services to businesses at all stages of development, we are experienced in the issues and challenges that entrepreneurs and investors face in today’s dynamic startup environment. We partner with founders and investors to help them efficiently and effectively implement their business plans, deploy their capital, and take timely advantage of opportunities.

Our startup lawyers also advise seed, angel, venture and other investment firms in all aspects of formation, compliance, and investing. We pride ourselves on distilling complex information and processes into clear client communication.

Advocacy & Connections

We’ve been working with business entrepreneurs since the firm was founded over 40 years ago. More recently, Tonkon Torp attorneys have worked closely with groups like TiE Oregon, the Oregon Entrepreneurs Network, the Oregon Angel Funds and Oregon Venture Fund, the Elevate Capital Fund, the Elevate Inclusive Fund, the Willamette Angels Fund, and the Portland Seed Fund. We leverage these relationships to help connect emerging companies with potential funding sources, board members, management-level employees, and other resources, without compromising our paramount role as advocates for our clients.

Cost-Effective Integrated Services

Tonkon Torp recognizes that startups are often cash constrained and resources need to be managed responsibly. Our services are tailored to meet each client’s specific needs, helping new companies get off the ground quickly. We offer a suite of proprietary startup company documents that provide owners with well-crafted legal agreements at a predictable cost.

Our entrepreneurial services include:
  • Entity formation, structuring and governance
  • Benefit Company registration for clients seeking to pursue triple bottom line goals
  • Equity structuring
  • Negotiating with investors, including seed, angel, venture capital and private equity investors
  • Intellectual property protection, including licensing, distribution and sales agreements, and trademark and trade secret protection
  • Tax and executive compensation
  • Employee and consultant contracts, including non-compete and confidentiality agreements
  • Government relations and regulatory compliance

Our firm is well-suited to meet the needs of emerging companies as they mature and evolve. We take pride in offering our clients continual legal services, including advice in mergers and acquisitions, initial public offerings, real estate and other specialties.

Investor Representation

We have experience representing investors of various sizes, sectors, geographic locations, investment amounts, experience levels and targets. We work closely and collaboratively with diverse investment teams to efficiently structure financing transactions. We also have experience forming and supporting the management of investment entities. Because of our experience working with investors, we can often provide thoughtful, creative advice that helps clients achieve their investment goals.

Corporate Conversion and Financing for Circuitry Company

Advised client with the negotiation of a term sheet and the documentation of the conversion from an Oregon corporation into a Delaware corporation, as well as the offer, issuance and sale of Series A Preferred Stock to a venture capital fund.

Financing for Drone Software and Infrastructure Startup Company

Assisted SkyWard IO, a Portland-area startup company developing infrastructure for the emerging commercial drone industry, in its $1.5 million seed round financing led by Voyager Capital, Draper Associates, and Toivo Annus (former head of engineering at Skype).

Founding Shareholder Representation

Represented founding shareholders regarding the sale of computer software to a national company.

Game Development

General representation of a game developer.

License Agreement Negotiation

Negotiated a license agreement on behalf of a client who holds patents.

Solar Energy Facility

Assisted in the development and sale of two separate solar energy facilities.

Venture Capital Investment Negotiation

Negotiated a venture capital investment for a game development company.

Hemp and the Pitfalls of the USDA’s Interim Final Rule

Despite regulatory uncertainty and increased competition, we continue to see explosive growth in the amount of hemp production in the United States, with the amount of total acreage increasing by approximately 550% since the passage of the 2018 Farm…
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What You Need to Know About Buying and Selling Products Containing Cannabidiol (CBD)

It seems as though products containing cannabidiol (CBD) are everywhere – in supermarkets, health food stores, gyms, even the corner convenience store. And CBD can come in almost every product, regardless of the shape or size: oil, toothpicks, dog…
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Build Your Biz and Eat it Too: PDX Business Series Webinar

Tonkon Torp attorney David Forman will moderate a fascinating discussion with three Portland-based food entrepreneurs as they have journeyed from first recipes, to first farmers markets, to first class airplane fare.
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Investor Perspectives on Raising Capital in Uncertain Times

Raising capital can be a tough process to navigate for emerging companies even in the best of times; with the ongoing pandemic, many ventures are left with more questions than answers. Join us on May 5 at 12:00 PM for a first-hand investor report…
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Tyler Harkness Breaks Down Nuts and Bolts of Term Sheets for Oregon Angel Food

On July 20, Tonkon Torp attorney Tyler Harkness led a session on term sheets for the Oregon Angel Food (OregonAF) 2021 workshop series.
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Parna Mehrbani Covers Intellectual Property for Oregon Angel Food

On July 20, Tonkon Torp partner Parna Mehrbani led a session on intellectual property for the Oregon Angel Food (OregonAF) 2021 workshop series, hosted by the Oregon Entrepreneurs Network.
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Parna Mehrbani Honored with Multnomah Bar Association Diversity Award

On May 19, Tonkon Torp partner Parna Mehrbani was honored with the 2021 Multnomah Bar Association (MBA) Diversity Award in recognition of her commitment to fostering and promoting diversity, equity, and inclusion (DEI) in the legal profession.
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Josh Smith Talks Technology Licensing and Transfers for OBI

Tonkon Torp partner Josh Smith was a featured speaker at a recent educational program hosted by Oregon Bioscience Incubator (OBI). The program focused on technology licensing and transfers from educational and other institutions.
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Tonkon Torp Attorneys Share Expertise with Entrepreneurs at TiE XL Boot Camp

Tonkon Torp attorneys Clay Creps, Tyler Harkness, and Parna Mehrbani were instructors at the April 13 session of the TIE XL Boot Camp.
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Mick Harris Appointed to the Oregon Consular Corps as an Associate Member

Tonkon Torp business attorney Mick Harris has been appointed to the Oregon Consular Corps (OCC) as an Associate Member.
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Tyler Harkness Leads Session on Strategic Planning and Leadership for OSU Family Business 360

Tonkon Torp attorney Tyler Harkness led a session on leadership transitions, strategic planning, and corporate governance at the February 17 Family Business 360 program, hosted by the College of Business at Oregon State University.
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Claire Brown Joins Oregon Entrepreneurs Network Board of Directors

Tonkon Torp partner Claire Brown has joined the Oregon Entrepreneurs Network (OEN) Board of Directors as its Secretary. Tonkon Torp is an active advocate for Oregon’s startup community, and has had an attorney serving on the OEN board since the early…
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Tyler Harkness Accepted into Leadership Portland

Tonkon Torp attorney Tyler Harkness was accepted into the 2021 class of Leadership Portland, an annual program offered by the Portland Business Alliance (PBA) to cultivate and develop community leaders. Selection for the program is based on written…
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Tonkon Torp Attorneys Speak to Startups at December TiE XL Boot Camp

On December 9, Tonkon Torp attorneys Tyler Harkness, Parna Mehrbani, and Clay Creps were instructors for the virtual TIE XL Boot Camp. The boot camp provides opportunities for a cohort of entrepreneurs to connect with experts in the startup community…
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