Funding Opportunity: Oregon BEST Commercialization Grants
The Oregon Built Environment and Sustainable Technologies Center will soon be offering a new round of grants to businesses partnering with Oregon universities on cleantech innovation. Read on to learn more about these Commercialization Grants and to find out whether your business is eligible.
From Oregon BEST:
Commercialization Grants are one of the tools Oregon BEST utilizes in its Commercialization Program to accelerate the commercialization of technologies developed by state universities and small businesses in Oregon. The program focuses on creating commercialization partnerships between industry and Oregon BEST Member Faculty in the areas of renewable energy and sustainable built environment technologies.
Our Commercialization Program supports promising cleantech technologies, products, and services that are at an early stage of development. The program seeks to assist researchers, inventors and entrepreneurs in activities that might include proof-of-concept demonstrations, laboratory validations, prototype development, small scale pilot programs, technology trials, or market validation.
The commercialization projects are designed to achieve some combination of the following objectives:
- expand the base of cleantech research in the Oregon University System
- support the transition of technology developed at Oregon BEST partner universities
- provide Oregon companies with university-based support, in the form of lab resources and specialized expertise
- accelerate the development of new cleantech products by Oregon companies
- facilitate the formation of new cleantech companies in Oregon
Grant proposals will be evaluated by Oregon BEST staff and approved by the Oregon BEST Commercialization Advisory Board. Proposals will be evaluated based on a number of selection criteria including the following:
- the potential to have a significant positive impact on the cleantech industry in Oregon
- the uniqueness and viability of the technology and/or the application
- the size, growth, and timing of the market for the innovation
- the potential for acquiring defensible intellectual property
- the potential for establishing and maintaining technical and commercial differentiation
- the ability for the grant to propel the recipient to an important developmental milestone
- the strength of the development and/or management team
Eligible projects must be a collaboration between a small business in Oregon and one or more of Oregon BEST’s partner universities – the Oregon Institute of Technology, Oregon State University, Portland State University, and the University of Oregon. Grant Proposals must be submitted by one or more Oregon BEST Member Faculty (the “University Partner”) in collaboration with an Oregon-based small business (the “Commercialization Partner”).
Stay tuned for full details. In the meantime, you can find more information about our Commercialization Program online at: http://oregonbest.org/commercialization.