Oregon InC funds individual initiatives brought forward by industry coalitions that show the potential to coalesce entire clusters around emerging technologies in areas where Oregon holds unique, national advantages. The council does not fund ideas for individual businesses. Instead, proposals must identify a "big idea" that has a high probability of significantly accelerating the growth of a traded sector cluster in Oregon over the next 5-10 years.
Because collaboration is key to Oregon's ability to compete globally, proposals must be brought forward by an industry consortium, trade association or similar entity. They must identify how they will create new high-wage jobs, with specific goals and timeline, and should align with Business Oregon's growth industries: Advanced Manufacturing; Clean Technology; Forestry & Wood Products; High Technology; Outdoor Gear & Activewear.
Finally, state funding should be the lastand usually onlyresort available to accelerate the opportunity.
Drive Oregon, whose mission is to build a supply chain for EV development in areas where Oregon has natural traded sector strengths, including software, design, senor development, grid infrastructure, advanced manufacturing, battery storage and charging stations. The idea is not to be the Detroit of EVs, but rather a major player in the sophisticated part of the supply chain; OEMs such as Nissan, Ford, BMW and GM have all joined Drive Oregon as members.
Oregon Wave Energy Trust (OWET), is bringing together federal, state and community resources to create a clean, renewable energy source from waves. OWET-funded research, which is made available to any wave developer, has built a regulatory roadmap that speeds the expensive and lengthy federal and state permitting process. It acts as a clearinghouse of information about energy regulations and environmental issues, and as a point of contact for government, political and community groups. OWET lobbies for new regulations, such as the successful implementation of the state Territorial Sea Plan, which now recognizes the needs of industry, and its grants have helped secure the nation's first grid-connected test site and one of two Department of Energy research centers.
SOAR Oregon is a business accelerator for the fast-growing unmanned aerial systems cluster. It is helping support three flight test sites at Warm Springs, Pendleton and Tillamook, which are now part of the FAA's new national system. Oregon's unique topography allows for testing in multiple conditionsforest, desert, oceanwithin a limited timeframe and reduced cost.
Oregon Story Board is helping build Oregon's digital storytelling clusterfilm/video, animation and visual effects, gaming and content creation. The cluster has a strong layer of freelance creative talent; the need is for development of strong anchor companies with consistent projects that keep the talent and work in Oregon. Story Board is providing new companies access to shared state of the art technology, business mentoring and marketing, and access to investors.