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|Articles - June 2013|
|Tuesday, May 28, 2013|
BY TIM MCCABE
One of the most important endeavors undertaken by Business Oregon is our assistance — through the Oregon Innovation Council (Oregon InC) and its signature research centers — of young Oregon companies seeking to tap the expertise of Oregon university researchers.
Through programs such as Oregon InC’s High Technology Extension service, the state finds these startups and connects them to state-of-the-art research and development laboratories at signature research centers like the Oregon Nanoscience and Microtechnologies Institute (ONAMI) and the Oregon Built Environment and Sustainable Technologies Center (Oregon BEST). Oregon InC provides companies and entrepreneurs with the building blocks they need to survive and become commercial successes. In addition, research and commercialization grants help early-stage companies prove their inventions are commercially viable.
Three Oregon companies provide recent examples of how Oregon InC’s efforts help grow business prospects.
Beaverton startup Puralytics has already found global success with its SolarBag portable drinking-water purification system, which uses a nanotechnology-coated mesh activated by sunlight to purify 3-liter quantities of water in approximately three hours.
Most recently, Oregon BEST provided a $53,000 commercialization grant to enable Puryalytics to work with Oregon State University’s Institute for Water and Watersheds to develop a floating, solar-activated stormwater treatment device that could be deployed in retaining ponds or ditches along roadways and parking lots to keep contaminants from reaching streams.
The Oregon Department of Transportation has already expressed interest in the technology, which has the potential to keep highway surface contaminants from reaching nearby streams, as well as to provide emergency water supplies that meet EPA clean-water standards.
Puralytics, which previously received a $250,000 ONAMI Commercialization Gap grant for its SolarBag technology development, was named a Global Clean Tech Top 100 company in late 2012. The company employs 10 people and expects its 2013 sales to grow tenfold over the previous year’s sales.
Bend startup OnTo Technology received an ONAMI Commercialization Gap grant of $165,000 in 2012 to work at ONAMI’s Microproducts Breakthrough Institute labs in Corvallis to develop a way to recycle material from commonly used lithium cobalt xxide rechargeable batteries.
The company plans to extract materials from spent LCO batteries, fabricate new batteries, and perform functional and safety testing. Company officials believe the growth of waste from consumer electronics and electric vehicles demands the development of rejuvenation processes that are “green,” low energy and cost effective.
Finally, Portland startup Indow Windows continues to benefit from its partnership with Oregon InC. Indow Windows has developed a way to add glazing without replacing windows, reducing heat loss and providing better insulation than the single-pane glass typically found in older homes.
Oregon BEST recently awarded a $150,000 commercialization grant to support advancement of a “new recipe” of window coating being developed by researchers at Oregon State University’s Oregon Process Innovation Center for Sustainable Solar Cell Manufacturing (OPIC). As part of the project, CSD Nano, a Corvallis startup that specializes in antireflective thin-film coatings, hopes to also develop a low-temperature process for applying the coating to Plexiglas for Indow Windows.
These are three examples of how a partnership between Business Oregon, Oregon’s research labs and entrepreneurs results in globally competitive companies and jobs for Oregonians.
Tim McCabe is the director of Business Oregon. Visit oregon4biz.com for more information.
Saturday, December 13, 2014
Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.
Wednesday, November 26, 2014
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.
Thursday, November 20, 2014
BY JASON NORRIS | OB CONTRIBUTOR
Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).
Thursday, December 18, 2014
2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:
The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace.
Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.
This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay.
Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.
New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”
That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!
Friday, December 12, 2014
BY LINDA BAKER
A conversation with Oregon state economist Josh Lehner.
Friday, October 24, 2014
A majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.
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