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Oregon BEST Companies See Customer Traction
Growing revenue has positive impact on Oregon communities
We launched our commercialization funding and assistance programs six years ago, supporting companies just starting to develop their products. Now this group of Oregon companies is generating more than $3 million in customer revenue every quarter, and I expect that number to grow consistently in the coming year, as more products are launched into global markets. It’s gratifying and exciting for us to see the success of these companies and the economic impact that is having on communities around the state.
Onward!
David Kenney, President & Executive Director
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Solar-powered SunCoolers installed on food storage warehouse (photo credit: NWREC)
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Tapping the Sun to Keep Stored Food Cool
Startup helps Defense Logistics Agency ventilate large warehouse
Northwest Renewable Energy Corp., a McMinnville, Ore., startup that makes rooftop-mounted, solar-powered SunCooler Ventilators, recently installed 20 units on a cavernous California warehouse that stores heat-and-serve meals for the U.S. Military. High indoor temperatures impact food shelf life and complicate distribution, so the SunCoolers exhaust hot air during the day and induce cooler nighttime air - without using any grid energy. Oregon BEST funded early testing of the technology with OSU and Oregon Tech researchers, and the company is now seeing interest from
federal prisons, big box stores, schools, and others
. Full story...
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IOTASs makes smart home energy systems for renters (photo credit: IOTAS)
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Smart Energy Startup Raises $2.25M
Funding will help company respond to growing demand
Oregon BEST Company, IOTAS, developer of a smart home energy system that taps the Internet of Things to reduce power bills for renters and cut costs for building owners, has secured $2.25 million and two high-profile investors in its latest funding round. Last year, Oregon BEST invested $250,000 to fund collaborative research at Portland State University to validate and quantify the energy savings from the IOTAS technology. By mid-July, buildings in 13 states will be using the IOTAS system. Full story...
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Get a Front-Row Perch for Cleantech Innovation
Early-bird registration is now open. Grab your tickets to cleantech!
Reserve your spot at BEST FEST, the Pacific NW's premier cleantech innovation conference. Now in its ninth year, this unique event brings together the doers, thinkers, funders, students, scientists, and innovators working at the epicenter of clean technology innovation. Apply by June 30 for the Eco-Capital Connections event, a component of BEST FEST. Reserve your tickets now!
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Energy Program Draws Globally
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ROBIN FEUERBACHER, an assistant professor at Oregon State University-Cascades campus who founded the Energy Systems Engineering program, says the program - one of only four fully accredited programs of this type in the country - is attracting students from around the world. Full story...
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FUNDING, EVENTS, & DEADLINES
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EVENTS...
JULY 25-27 | InfoAg Conference
Join the discussion and advancement of precision agriculture. St. Louis, MO
Help create a national – and international – model for ocean energy development. Portland
SEPTEMBER 14 | BEST FEST Get early-bird rates to the Northwest's premier cleantech innovation conference. Portland
Explore the latest technologies, tools, and trends accelerating the clean economy. Santa Clara, CA
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FUNDING | SUPPORT | VISIBILITY...
Oregon BEST helps cleantech startups and university researchers find a range of support, visibility, and FUNDING
.
Apply for this invitation-only event at BEST FEST to meet the most active cleantech investors. Apply by June 30.
Got a solution at the intersection of technology and sustainability? Apply by July 7 to gain national attention.
$9 Million | U.S. Depts. of Ag, Energy
Funding for
development of bioenergy feedstocks, biofuels, and biobased products. Apply by July 7.
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We're Here to Help!
Resources and expertise for Oregon innovators
Oregon BEST supports great ideas from entrepreneurs, university researchers, and startups. We work with you to transform your ideas, research, and/or products into successful enterprises.
For Oregon-based companies developing proprietary, technology-based products, we offer early-stage funding, as well as access to critical support channels. Talk to us! START HERE...
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