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University Venture Development Fund

Unique legislation approved in 2007 by Oregon lawmakers enables donors to invest in research at Oregon State University, while reaping the benefits of generous tax credits. For more information please visit the University Venture Development Fund

Oregon Signature Research Centers


ONAMI-Oregon NanoScience and Microtechnologies Institute. ONAMI's community of world-class industry, academic and federal research institutions in the Pacific Northwest forms a vibrant network of nanoscience and microtechnology expertise that is moving nanoscience and microtechnology innovations from basic research through to commercialization.


OTRADI - Oregon Translational Research and Drug Development Institute. OTRADI’s focus is on infectious disease research and creating infrastructure for screening novel therapeutic targets, spurring access to collections of potential drugs and guide promising compounds towards commercialization. OSU’s collaborators are the Oregon Health & Science University, Portland State University and the University of Oregon, and Corporate partnerships with SIGA Technologies, Bend Research, and others.

OREGON BEST - AN ECONOMIC CATALYST, the Oregon Built Environment & Sustainable Technologies Center (Oregon BEST) connects the state's businesses with its shared network of university labs to transform green building and renewable energy research into on-the-ground products, services, and jobs that power Oregon's green economy.

State Resources

Business Energy Tax Credit (BETC)
Oregon Department of Energy offers the Business Energy Tax Credit to those who invest in:

  • Improving energy efficiency
  • Weatherizing rental housing
  • Recycling
  • Using renewable energy resources
  • Burning less-polluting
  • Transportation fuels

BizCenter
Services are available to anyone who owns, operate, or is considering starting, a small business in Oregon.

Oregon Economic and Community Development Department
Oregon's Business Development Team was established to help Oregon companies succeed and expand, and to encourage national and international companies to invest in Oregon communities.


Regional Resources

The Business Enterprise Center The BEC offers a high tech focus for technology transfer and commercialization of innovation close to OSU, Hewlett Packard, and ONAMI. This center provides an incubator setting, including low-cost space and services to startups.


Linn County Business Development Center The center provides assistance in business planning and counseling, financial counseling and loan packaging, and financial assistance.


Software Association of Oregon The SAO has a fundamental commitment to maintaining a high-quality environment in which software-dependent organizations can find educational opportunities, networking and work force development programs.


Economic Development Partnership of the Corvallis Benton Chamber Coalition

Projects include the Entrepreneurs Forum - an informational lunch discussion about startups, and Willamette Valley Investors Network [WVIN]


 


Creating a Successful Startup: An Evaluation Model


The following model is only one of many that a potential financial organization might use to evaluate your company. The eight areas discussed are the keys in creating a successful startup. In this particular model, each is as important as the others.

Companies are evaluated on each area by being given "grades" in a range from 1 through 9, with level 9 being the optimal point. The grades given to this fictitious company show that it might have something of interest to offer with a relatively strong problem to solve, but has either little or no startup experience, or just has not demonstrated that they are the team to solve this problem and make their company work.

Model of ways financial organizations use to evaluate companies.

 

Brief Description of Each Area

Market Opportunity - Problem Solved: What is the problem your company is trying to solve and why will it make a difference?

Market: Who is your potential market? Within what segment will you and how many are in that segment? Future markets and numbers?

Channels and Cost: What are your plans for reaching the market and what is the cost breakdown? Competition: Who will be the competition, what other products are on the market already? Why is yours better?

Revenue Model: How will money be created and in what time frame? Expected returns? Detailed financials. Relevant Domain and Startup Experience: Who is the team? Have they had any experience in startups previously? Why are you the team to solve this problem and successfully enter the marketplace and not one of the other teams that are currently working on a solution to this problem?

Funding Sought and Resulting Milestones: Are you asking for too much money or too little and justifications for the amount sought. What milestones must your reach to be able to produce the expected returns?

Business Summary/Story/Scenario: Does the story make sense? Are there any fatal flaws?