Four Oregon Small Businesses Awarded with Grants to Support Development of Technology
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||Wearablw tech to quantify movement to help people with movement disorders||Portland||$100k||$741,895|
|Architectural Applications||Wall-integrated heat & moisture exchanger to reduce energy use||Portland + Redmond||$98,296||$1,009,000|
|Inpria||Next generation semiconductor lithography technique||Corvallis||$100k||$1,000,000|
|Ubivac||Dendritic cell-targeted complex vaccine/combination immunotherapy||Portland||$125K||$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 here: www.oregon4biz.com/SBIR/
Media contact: Nathan Buehler, 503-689-3559