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  June 30, 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
June 30, 2002: 5,000,000.
<PAGE>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                          (A DEVELOPMENT STAGE COMPANY)


PART I.           FINANCIAL INFORMATION


Item 1            Financial Statements

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


                                                                                June 30,         December 31,
                                                                                  2002               2001
                                                                               ----------        -----------
                                     Assets
                                     ------
<S>                                                                            <C>               <C>
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                                                            37,039             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                              (37,549)           (26,921)
                                                                                --------          ---------
     Total stockholders' equity                                                  (37,049)           (26,421)
                                                                                --------          ---------

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




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

                                                                                                Cumulative
                                                                                              activity during
                                                                                                development
                                                                                                   stage
                                                                                               June 2, 2000
                                              Three months               Six months              (inception)
                                              ended June 30             ended June 30             through
                                        -----------------------   ------------------------
                                           2002         2001          2002         2001        June 30, 2002
                                        ----------  -----------   -----------   ----------     ---------------

<S>                                     <C>         <C>           <C>           <C>              <C>
Operating expenses                      $   8,938   $   15,799    $   10,618    $  15,799        $   37,539
                                         --------    ---------     ---------     --------         ---------
Net loss from operations                   (8,938)     (15,799)      (10,618)     (15,799)          (37,539)

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

Net loss                                $  (8,938)  $  (15,799)   $  (10,628)   $ (15,799)       $  (37,549)
                                         ========    =========     =========     ========         =========



Net loss per common share               $   (.007)  $    (.013)   $    (.004)   $   (.006)       $    (.004)
                                         ========    =========     =========     ========         =========
</TABLE>




                             See accompanying notes

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


                                                                                                Cumulative
                                                                                              activity during
                                                                                                development
                                                                                                   stage
                                                                                               June 2, 2000
                                              Three months               Six months             (inception)
                                              ended June 30             ended June 30             through
                                        -----------------------   ------------------------
                                           2002         2001          2002         2001      June 30, 2002
                                        ----------  -----------   -----------   ----------   ---------------

Cash flows from operating
activities:

<S>                                     <C>         <C>           <C>           <C>              <C>
   Net loss                             $  (8,938)  $  (15,799)   $  (10,628)   $ (15,799)       $  (37,549)
   Adjustments 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
                                         --------    ---------     ---------     --------         ---------
                                           (8,938)     (15,799)      (10,618)     (15,799)          (37,039)

Cash flows from financing
  activities -
   Expenses paid by
   stockholder on behalf of
   Company                                  8,938        15,799       10,618       15,799            37,039
                                         --------    ---------     ---------     --------         ---------
    37,039

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




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




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

                          Notes to Financial Statements
                                  June 30, 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 June 30, 2002 and 2001 and for the three and
         six 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 and six months  ended June 30,  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>
                    BREAKTHROUGH TECHNOLOGY PARTNERS I, INC.
                        (A Development Stage Enterprise)

                          Notes to Financial Statements
                                  June 30, 2002

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 1,246,575 for the
         three months ended June 30, 2002 and 2001; 2,479,452 for the six months
         ended June 30, 2002 and 2001; and 10,383,562 for the cumulative  period
         from June 2, 2000 (inception) through June 30, 2002.

2.       Transactions with Stockholder
         -----------------------------
         The  Company's  operating  expenses  for the three and six months ended
         June 30, 2002 and substantially  all of the operating  expenses for the
         period from June 2, 2000  (inception)  through June 30, 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 June 30, 2002  compared to the three  months ended June 30,
2001;  six months ended June 30, 2002  compared to the six months ended June 30,
2001; and the period from June 2, 2000 (inception) through June 30, 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 of $8,938 incurred
during the three  months ended June 30, 2002;  $10,618  incurred  during the six
months ended June 30, 2002; and $37,039  incurred during the period from June 2,
2000  (inception)  through June 30, 2002 resulted  from expenses for  regulatory
compliance. The remaining $500 of operating expenses incurred in the period from
June 2, 2000  (inception)  through  June 30, 2002  resulted  from  expenses  for
incorporation.

Revenues:
--------

         The Company had no revenues  for the three  months  ended June 30, 2002
and 2001;  for the six months  ended June 30,  2002 and 2001;  or for the period
from June 2, 2000 (inception) through June 30, 2002.

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

         Operating  expenses for the three months ended June 30, 2002  decreased
$6,861  compared  to the three  months  ended June 30, 2001 due to a decrease in
professional  fees.  Operating  expenses  for the six months ended June 30, 2002
decreased  $5,171  compared to the six months  ended June 30, 2001 also due to a
decrease in professional fees.

         Operating  expenses of $8,938 for the three months ended June 30, 2002;
$10,618 for the six months ended June 30, 2002;  and $37,039 for the period from
June 2, 2000  (inception)  through  June 30, 2002  resulted  from  expenses  for
regulatory  compliance  purposes.  The  remaining  $500  of  operating  expenses
reported  in the period  from June 2, 2000  (inception)  through  June 30,  2002
resulted from expenses for incorporation.

FINANCIAL POSITION & LIQUIDITY AND CAPITAL RESOURCES
----------------------------------------------------

         The Company had no assets as of June 30, 2002 or December 31, 2001.

         Liabilities as of June 30, 2002 consisted of $37,039 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

                  No reports were made on Form 8-K during thw quarter.
<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:  August 13, 2002                 By:/s/DANIEL M. SMITH
                                         -------------------------------------
                                         Daniel M. Smith, President