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There is still time to apply for the Accelerator Innovation Development (AID) fund! We are seeking technology-based projects in any discipline that will move OSU-owned technologies closer to commercialization. Projects should require $15,000 or less of AID funding to achieve an important milestone(s) connected to commercialization. Request for proposals ends Tuesday, November 30th at 5pm, with interviews taking place the following week. Award decision will be made by Tuesday, December 14, 2021.
Learn more and apply!
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Not sure what the next step is in your business venture? The OSU Advantage Accelerator is currently accepting applications for its virtual fall Accelerate cohort which begins Tuesday, January 11. Accelerate is open to Oregon teams and/or teams with a connection to OSU who want to launch a high-growth business or want to explore the commercialization potential of a technology. Upon completion of the nine-week program, teams will have: an elevator pitch, a five minute pitch deck completed, product market validation, feedback from many mentors, and more. Each session runs for two hours from 3pm-5pm on Tuesdays.
Application deadline: Tuesday, January 4th. Apply now!
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VertueLab Climate Impact Fund
Are you an early-stage startup developing an innovative climate solution technology? If so, consider applying for VertueLab's Climate Impact Fund. This fund invests in startups in need of pre-seed or seed-stage funding that have the potential to create significant environmental and social impact with their innovations. The funds are intended to help startups mitigate technology and business risks so they are able to raise additional capital from conventional investors.
Eligibility criteria here!
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University Innovation Research Fund (UIRF)
The UIRF is administered by Business Oregon, enabling public universities in Oregon to provide matching funds to their researchers. The areas of focus of this program are Activewear and Outdoor Gear, Natural Resources, Advanced Manufacturing, High Tech, and Clean/Green Technology. The fund is aimed at research projects that have an economic development connection that are competing for federally-funded grants that require non-federal matching.
More information here.
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Department of Energy Phase 1 Release 2
The Department of Energy has released the second round of funding this year to be distributed in 2022. Startups involved in renewable energy will find that this is the main opportunity that the DOE offers to help fund their ventures. Technical areas include energy storage, battery technology and electric vehicles, wind, water, geothermal, solar, buildings, bioenergy, and advanced grid technologies. To apply, your company will need to submit a Letter of Intent to the technical area you fit into by January 3, 2022.
Learn more and apply.
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Department of Energy’s Advanced Research Projects Agency Releasing New Funding
New funding called HESTIA will distribute $45 million to support the development of technologies that can transform buildings into net carbon storage structures. The Department of Energy wants to support technologies that can overcome the barriers of carbon-storing building materials such as the cost and limited availability. This release includes both SBIR and non-SBIR announcements.
Funding opportunities are available here.
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Upcoming Events & Programs
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Join the MaRS Climate Impact to connect with innovators on the frontlines of climate action! The conference will take place online from November 30th to December 2 and costs $79 to attend. The world's foremost cleantech and social-finance leaders will be brought together to facilitate dialogue on ensuring their mutual success and advancing solutions to create a healthier planet. The event will follow four themes: transforming the economy, taking corporate action, accelerating adoption, and measuring impact. Under each of these, new technologies, promising ideas, and companies will be featured, along with impact speakers.
More information.
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Innovation Corps Customer Discovery Program
Innovation Corps is accepting applicants for their Customer Discover Program until December 5th! If you have an idea with commercial potential and need help moving toward commercialization, this program is for you. The training program runs for six weeks and is hosted online. Highlights include:
- Learning key skills to take your idea to market
- Opportunities to prepare for business plan competitions and other funding
- Networking with experienced mentors and other teams
- Get the chance to receive $2,500 for customer discovery and stakeholder interviews, utilizing skills you learn through the program
Get more information.
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Bend Outdoor Worx Cohort Opportunity
The country's first outdoor products accelerator is accepting applications to be a part of the cohort until December 15th! Participants will get:
- 16-week program customized to their startup
- Network of mentors, investors, and resources
- Proven track record of accelerating outdoor businesses
- A roadmap to success!
This round of the accelerator will start in February of 2022. Learn more and apply!
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Recording of Informational Webinar on Federal Funding Opportunities Presented by VertueLab
Did you know that the federal government has programs in place that provide non-dilutive funding to proprietary technology startups? These programs are called Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) which encourage small businesses to engage in federal R&D with the potential for commercialization.
Watch the recording for a free overview of the Department of Energy SBIR/STTR program that featured DOE’s Outreach Program Manager, Eileen Chant. Watch now!
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Support for Startups Wanting to Import Food or Beverages to Canada
Looking to export your food or beverage to Canada? The Oregon Department of Agriculture is working on a project for early 2022 to help new-to-export food & beverage companies interested in the Canadian market. This research project would allow you to provide products that would be shown to buyers, brokers and distributors by an in-market contractor. Following the research, each company would get a custom summary presented to them with suggested next steps. For more information, contact Erick.garman@oda.oregon.gov.
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Client Spotlight: Onboard Dynamics
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Onboard Dynamics is leading the climate-tech revolution with the introduction of its unique, patented natural gas compression technology, which allows their customers to achieve economic value and environmental benefits. Since their founding in 2013, the team has applied for and received OSU University Venture Development Funds early in their commercialization journey and have continued their momentum in the years since. Most recently, Onboard Dynamics signed an investment agreement with BP Energy Partners which will help them meet the demands of their rapidly growing market. Onboard Dynamics has been committed to giving back to the Oregon innovation and entrepreneurial ecosystem from the very beginning—they have worked with other firms in Oregon to help develop their products, spent money on local infrastructure, hired students into full-time jobs from the local OSU-Cascades campus and ultimately are helping Oregon define its economic future. We’ve loved being part of Onboard Dynamics’s journey and can’t wait to see how they continue growing, innovating, and contributing in the region!
You can learn more about the Onboard Dynamics team at https://onboarddynamics.com/meet-our-team/
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