Start Ups in Corvallis/Benton County
Corvallis Start ups are Thriving!
Benton County is where start ups thrive! From creative enterprises, to software start ups to technology spin offs from OSU, Hewlett-Packard, and other research centers, Corvallis has a strong entrepreneurial community. Resources abound for helping Corvallis Start ups. Contact us to help your business start, thrive and grow!
Corvallis and Benton County DO NOT require a business license or registration fee.
Corvallis Oregon Start Up Process
The State of Oregon has a one stop shop for starting your business. Click here to learn more.
and a downloadable “Starting a Business in Oregon Guide”
What Makes a Start Up Successful?
Using the resources available, connecting with others, and getting support. Corvallis and Benton County has a wealth of resources. You will need to:
- Build your team
- Develop your product/service
- Find funding for operations
- Build your marketing and sales
- Choose a business location
- Get advice and mentoring
General Business Advice – Mentoring Resources
- SBDC- Small Business Development Center at LBCC
- Free Consulting on what you’re most concerned about- sponsored by US Small Business Administration. Classes, free consulting and support. Evening and weekend classes and workshops for Start ups and growing businesses. Microenterprise “Micro Biz” program to get first time starters up and running
- SCORE –Score.org Score counselors are experienced business owners and managers who volunteer their experience and knowledge to assist small business achieve success.
- OSU Advantage Accelerator – The Oregon State University Venture Accelerator helps create successful businesses, drive economic growth and expands education and job opportunities for students, graduates and other Oregonians
- BEC – The Business Enterprise Center offers Mentoring, connections and low cost space. They also run “Will it Fly”, a business plan review and support process.
- WAC – Willamette Angel Conference is an annual Conference and training program matching start-ups with investors, and providing business plan support, pitch support and mentoring.
- Smart-ups – SmartUps is an entrepreneurial support organization in Eugene, Oregon. They connect entrepreneurs with resources that increase business performance and success.
- OEN – Oregon Entrepeneurs Network http://www.oen.org provides training and links to funding, predominantly in the Portland area, but valuable to any business in the state.
- www.OregonStartups.org is a community crowd sourced website full of links to online resources by topic, business sector and need, targeted specifically at Oregon Start-ups .
- Check out this useful article for entrepreneurs with a disability (full article)
- WiN – The Willamette Innovators Network focuses on bringing the innovation community together with regularly scheduled morning coffees, pubtalks and other meetups focused on the needs of our burgeoning early-startups.
Being an entrepreneur takes a unique skill set and unique approach to the world of business. Here are some great general resources: http://www.entrepreneurship.org/
Co Founders /Management team
CoFounders /Team Members need to be able to find YOU. Participating in local seminars, WIN http://www.willametteinnovators.com/ nights, networking meetings, local publications of your work, and hiring should all be considered as points of contact where you can meet people in the community who may become your partners. Reach out outside your circle and get visible. Ask people you know and trust, who do they know who they consider potential partners. Prepare a list of interviews with the people who are of greatest relevance. More…
High Tech Development:
The following institutions provide partnership and resources.
- Oregon Signature Research Centers http://www.oregon4biz.com/Innovation-in-Oregon/Research-Development/
- Oregon State University Advantage Program http://oregonstate.edu/advantage/industry-partnering-program
A start up must accelerate to first revenue. Reaching that first, or 100th, sale should always be on your mind. Local sales are always a great way to start. City of Corvallis, the Corvallis Chamber, CIBA, the Sustainability Network and the 10 Rivers Food Web all support and encourage buying Locally. In addition to the general resources above, consider some state resources:
- ORPIN – is the State procurement database, with a list of contracts. Visit site
- GCAP, Government Contract Assistance Program, Visit Site http://www.gcap.org/ Oregon’s link to a $250 billion market. Every year the Federal Government purchases billions of dollars worth of products and services ranging from nuts and bolts to computer systems, and from planting trees to guarding facilities. Visit site
Start up Funding
According to the Kauffmann Foundation, the average cost of starting a new business from scratch comes in at just over $30,000. Financing a start up is very different than an existing business, as they generally have few assets to borrow against, and little, if any income. If you’re beyond self-funding and need help, there are many options, local and national. Resources we can connect you to include:
Loans, Grants, State Funding, SBA (US Small Business Administration), Angel Funding, Crowdfunding, USDA funding.