U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934 For the Quarterly Period Ended  March 31, 2002
                                                         --------------------

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
      Act of 1934
      For the Transition Period from               to
                                     ------------    -------------


                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
              -----------------------------------------------------
             (Exact name of registrant as specified in its charter)

                           Commission File No. 0-31451

            Delaware                                          23-3048624
(State or other jurisdiction of                            (I.R.S. Employer
         incorporation)                                 Identification Number)


                              32700 N.E. Lesley Rd.
                                Newberg, OR 97132
           ----------------------------------------------------------
          (Address of principal executive offices, including zip code)

                                 (503) 538-3710
                            -------------------------
                           (Issuer's telephone number)


Indicate by check mark whether the registrant (1) has filed all reports required
by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes [ ] No [X]

The number of shares of the registrant's common stock, $0.0001 par value, as of
OMarch 31, 2002: 5,000,000.
<PAGE>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                          (A DEVELOPMENT STAGE COMPANY)


                  June 2, 2000 (Inception) to December 31, 2000
                         Please see accompanying notes.



PART I.           FINANCIAL INFORMATION


Item 1            Financial Statements

<PAGE>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)
                                 Balance Sheets
                             See accompanying notes.





<PAGE>
<TABLE>
<CAPTION>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)
                                 Balance Sheets
                             See accompanying notes.


                                                                                March 31,        December 31,
                                                                                  2002               2001
                                                                             -------------    -----------------
<S>                                                                          <C>              <C>
                                     Assets

Current assets                                                                 $       -         $        -
                                                                                --------          ---------
     Total current assets                                                              -                  -

Other assets                                                                           -                  -
                                                                                --------          ---------

                                                                               $       -         $        -
                                                                                ========          =========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities -
   Accrued state taxes payable                                                 $      10         $        -
                                                                                --------          ---------
     Total current liabilities                                                        10                  -

Payable to stockholder                                                            28,101             26,421

Stockholders' equity:
   Preferred stock; $.0001 par value; authorized 20,000,000 shares                     -                  -
   Common stock; $.0001 par value;  authorized  100,000,000 shares; issued and
    outstanding 5,000,000 shares                                                     500                500
   Deficit accumulated during the development stage                              (28,611)           (26,921)
                                                                                --------          ---------
     Total stockholders' equity                                                  (28,111)           (26,421)
                                                                                --------          ---------

                                                                               $       -         $        -
                                                                                ========          =========
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)
                            Statements of Operations


                                                                                                Cumulative
                                                                                              activity during
                                                                                                development
                                                                                                   stage
                                                                                               June 2, 2000
                                                                    Three months ended          (inception)
                                                                 -------------------------        through
                                                                      2002          2001     March 31, 2002
                                                                 ------------    ---------   --------------

<S>                                                                 <C>          <C>             <C>
Operating expenses                                                  $  1,680     $      -        $   28,601
                                                                     -------      -------         ---------
Net loss from operations                                              (1,680)           -           (28,601)

Provision for income taxes - State of Oregon                              10            -                10
                                                                     -------      -------         ---------

Net loss                                                            $ (1,690)    $      -        $  (28,611)
                                                                     =======      =======         =========



Net loss per common share                                           $ (.0001)    $      -        $   (.0105)
                                                                     =======      =======         =========

</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)
                            Statements of Cash Flows



                                                                                                Cumulative
                                                                                              activity during
                                                                                                development
                                                                                                   stage
                                                                                               June 2, 2000
                                                                    Three months ended          (inception)
                                                                 -------------------------        through
                                                                      2002          2001     March 31, 2002
                                                                 ------------    ---------   --------------
<S>                                                                 <C>          <C>             <C>
Cash flows from operating activities:
   Net loss                                                         $ (1,690)    $      -        $  (28,611)
   Adjustment to reconcile net loss to net cash provided by
    operating activities-
     Shares issued in exchange for services                                -            -               500
     Increase in accrued state income taxes                               10            -                10
                                                                     -------      -------         ---------
                                                                      (1,680)           -           (28,101)

Cash flows from financing activities -
   Expenses paid by stockholder on behalf of Company                   1,680            -            28,101
                                                                     -------      -------         ---------

Net change in cash                                                  $      -     $      -        $        -
                                                                     =======      =======         =========



Supplemental schedule of noncash financing
  activities -
     Common stock issued in exchange for services                   $      -     $      -        $      500
                                                                     =======      =======         =========

</TABLE>

<PAGE>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)
                          Notes to Financial Statements
                                 March 31, 2002


1.       Summary of Significant Accounting Policies
         ------------------------------------------

         Company: Breakthrough Technology Partners I, Inc. (the "Company"), was
         incorporated in the State of Delaware on June 2, 2000 to serve as a
         vehicle to affect a merger, exchange capital stock, participate in an
         asset acquisition, or any other business combination with a domestic or
         foreign private business.

         Development stage enterprise: Since inception, the Company has not
         commenced any formal business operations. The Company is considered to
         be in the development stage and therefore has adopted the accounting
         and reporting standards of Statement of Financial Accounting Standards
         No. 7, "Accounting and Reporting by Development Stage Enterprises".

         Interim reporting: The Company's year-end for accounting and tax
         purposes is December 31. In the opinion of Management, the accompanying
         financial statements as of March 31, 2002 and 2001 and for the three
         months then ended contain all adjustments, consisting of only normal
         recurring adjustments, except as noted elsewhere in the notes to the
         financial statements, necessary to present fairly its financial
         position, results of its operations and cash flows. The results of
         operations for the three months ended March 31, 2002 and 2001 are not
         necessarily indicative of the results to be expected for the full year.

         Use of estimates: The preparation of financial statements in conformity
         with generally accepted accounting principles requires management to
         make estimates and assumptions that affect the reported amounts of
         assets and liabilities and disclosure of contingent assets and
         liabilities at the date of the financial statements and the reported
         amounts of revenues and expenses during the reporting period. Actual
         results could differ from those estimates.

         Cash equivalents: For purposes of the statement of cash flows, cash
         equivalents include all highly liquid investments purchased with
         original maturities of three months or less.

         Income taxes: The Company accounts for income taxes under Statement of
         Financial Accounting Standards No. 109, "Accounting for Income Taxes"
         ("SFAS 109"). Under SFAS 109, income taxes are provided on the
         liability method whereby deferred tax assets and liabilities are
         recognized for the expected tax consequences of temporary differences
         between the tax bases and reported amounts of assets and liabilities.
         Deferred tax assets and liabilities are computed using enacted tax
         rates expected to apply to taxable income in the periods in which
         temporary differences are expected to be recovered or settled. The
         effect on deferred tax assets and liabilities from a change in tax
         rates is recognized in income in the period that includes the enactment
         date. The Company provides a valuation allowance for certain deferred
         tax assets, if it is more likely than not that the Company will not
         realize tax assets through future operations.


<PAGE>
1.       Summary of Significant Accounting Policies (continued)
         -----------------------------------------------------
         Net loss per share: Net loss per share is computed by dividing net loss
         by the weighted average number of shares outstanding during the period.
         The weighted average number of shares outstanding was 1,250,000 for the
         three months ended March 31, 2002 and 2001 and 2,736,132 for the
         cumulative period from June 2, 2000 (inception) through March 31, 2002.

2.       Transactions with Stockholder
         The Company's operating expenses for the three months ended March 31,
         2002 and substantially all of the operating expenses for the period
         from June 2, 2000 (inception) through March 31, 2002 consisting
         principally of professional services, were paid for by a stockholder.
         The Board of Directors of the Company has agreed to reimburse this
         individual for expenses he paid without interest. This individual has
         agreed not to demand repayment until cash is available from a merger,
         capital stock exchange, asset acquisition, or other business
         combination, or from operations.

3.       Preferred Stock
         The Company's preferred stock may be voting or have other rights and
         preferences as determined from time to time by the Board of Directors.
<PAGE>
Item 2   Management's Discussion And Analysis of Financial Condition And
         Results of Operations

         Management's discussion and analysis should be read in conjunction with
the financial statements and the notes thereto.

RESULTS OF OPERATIONS
Three months ended March 31, 2002 compared to the three months ended March 31,
2001 and the period from June 2, 2000 (inception) through March 31, 2002:

         Since inception, the Company has not commenced any formal business
operations. All activities since inception have been devoted toward identifying
business combination opportunities and compliance with U.S. Securities and
Exchange Commission Rules and Regulations. Operating expenses incurred during
the three months ended March 31, 2002 of $1,680 and $28,101 for the period from
June 2, 2000 (inception) through March 31, 2002 resulted from expenses for
regulatory compliance. The remaining $500 of operating expenses reported in the
period from June 2, 2000 (inception) through March 31, 2002 resulted from
expenses for incorporation.

Revenues:
--------

         The Company had no revenues for the three months ended March 31, 2002
or 2001 or for the period from June 2, 2000 (inception) through March 31, 2002.

Operating expenses:
------------------

         Operating expenses for the three months ended March 31, 2002 increased
$1,680 compared to the three months ended March 31, 2001. Operating expenses for
the three months ended March 31, 2002 of $1,680 and $28,101 for the period from
June 2, 2000 (inception) through March 31, 2002 resulted from expenses for
regulatory compliance purposes. The remaining $500 of operating expenses
reported in the period from June 2, 2000 (inception) through March 31, 2002
resulted from expenses for incorporation. Regulatory compliance expenses for the
three months ended March 31, 2001 were included in the incorporation expenses of
$500 and reported in the period from June 2, 2000 (inception) through December
31, 2000.

FINANCIAL POSITION & LIQUIDITY AND CAPITAL RESOURCES

         The Company had no assets as of March 31, 2002 or December 31, 2001.

         Liabilities as of March 31, 2002 consisted of $28,101 and as of
December 31, 2001 of $26,421 of payables to a stockholder who paid regulatory
compliance expenses on behalf of the Company. The Board of Directors of the
Company has agreed to reimburse this stockholder without interest. This
individual has agreed not to demand repayment until cash is available from a
merger, capital stock exchange, asset acquisition, or other business
combination, or from operations.
<PAGE>
                                     Part II

                                Other Information

Item 1.  Legal Proceedings

         The Company is not the subject of any legal proceedings.

Item 2.  Changes in Securities and Use of Proceeds

         There have been no changes or modifications in the Company's
         securities.

Item 3.  Defaults Upon Senior Securities

         There has been no default upon senior securities.

Item 4.  Submission of Matters to a Vote of Security Holders

         No matters were submitted to a vote of the security holders
         during the quarterly period covered by this report.

Item 5.  Other Information

         None

Item 6.  Exhibits and Reports on Form 8-K

         (a)      Exhibits

                  3.1      Certificate of Incorporation filed as an exhibit to
                           the Company's registration statement on Form 10-SB
                           filed on September 5, 2000 and incorporated herein by
                           reference.

                  3.2      Bylaws filed as an exhibit to the Company's
                           registration statement on Form 10-SB filed on
                           September 5, 2000 and incorporated herein by
                           reference.

                  3.3      Specimen Stock Certificate filed as an exhibit to the
                           Company's registration statement on Form 10-SB filed
                           on September 5, 2000 and incorporated herein by
                           reference.

                  10.1     Stock Purchase Agreement dated March 19, 2001 between
                           Daniel M. Smith Joy E. Livingston, Dotcom Internet
                           Ventures Ltd. and Breakthrough Technology Partners I,
                           Inc. filed as an exhibit to the Company's report on
                           Form 10-SB filed on August 21, 2001 and incorporated
                           herein by reference.

         (b)      8-K Reports

                  On January 11, 2002 the Company filed a report on Form 8-K
describing a change in accountants.
<PAGE>
                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                      BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
Date:  March 20, 2002                 By:/s/DANIEL M. SMITH
                                         -------------------------------------
                                         Daniel M. Smith, President