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Business Oregon
Nathan Buehler
Marketing Mgr
Email; 503-689-3559

August 2016 Media Contact
Nathan Buehler 503-689-3559

Business Oregon Announces Recipients of Pilot Grant Program

Four Oregon Small Businesses Awarded with Grants to Support Development of Technology

Business Oregon identified four small businesses to receive state grants from a new pilot program. The grants help companies further develop technology that was vetted and supported by a separate federal program.

The federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grant programs are designed to stimulate technological innovation and provide new opportunities for small businesses to conduct research and development with commercial potential.

"Supporting innovation at emerging Oregon small businesses is a key part of how Business Oregon works to create a competitive economy," said Chris Harder, director of Business Oregon. "The state grants will help these small businesses scale their innovative ideas and access new markets, potentially resulting in future revenue and new jobs."

Business Oregon has two existing grant programs that help Oregon small businesses on the front-end as they put together applications for these federal dollars. This new pilot program was created to help on the back-end to commercialize the technology they successfully received federal grants to pursue.

"We appreciate the state of Oregon's recent SBIR grant award to UbiVac," said Bernard Fox, CFO of UbiVac, one of the awardees. "Not only does it represent the state's support of our company and the important immuno-oncology research we are doing, but also is a commitment to the growing bioscience industry throughout the state. There is tremendous potential here for our bio partners and collaborators."

All recently successful federal SBIR and STTR recipients in Oregon were invited to apply, and these four were selected:

Company Technology Location State
Grant
Federal
Award
APDM Wearable tech to quantify movement to help people with movement disorders Portland $100,000 $741,895

Architectural Applications

Wall-integrated heat & moisture exchanger to reduce energy use

Portland + Redmond

$98,296

$1,009,999

Inpria

Next generation semiconductor lithography technique

Corvallis

$100,000

$1,000,000

Ubivac

Dendritic cell-targeted complex vaccine/combination immunotherapy

Portland

$125,000

$3,458,282

The other two programs to support SBIR and STTR applications will continue and this new program will be evaluated for inclusion as a regular offering. More information on SBIR is available on the SBIR program page.


Business Oregon, the state's lead economic development agency, works to create, retain, expand and attract businesses that provide sustainable, living-wage jobs for Oregonians through public-private partnerships, leveraged funding, and support of economic opportunities for Oregon companies and entrepreneurs.