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|Articles - July/August 2013|
|Monday, July 08, 2013|
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BY APRIL STREETER // PHOTOS BY ERIC NÄSLUND
Nanoscience — the study of particles as tiny as a billionth of a meter in size — is opening a brave new world. Such particles can behave very differently from larger particles or molecules, and they offer tantalizing improvements to post-modern life: everything from an embedded skin chip whose nano “pores” help tell when it is time to dose with insulin, to tiny dots that form a coating to make eyeglasses scratchproof. But as with all newfangled technologies, nanoparticles can bring unforeseen dangers, as too little is known of their effects on humans and the environment.
For more than a decade, Oregon has built a network of support for new businesses utilizing the novel properties of nanoparticles to innovate in health care, electronics and manufacturing. But the payback — a cluster of healthy businesses drawing more of the same to Oregon — has yet to materialize.
Two of the biggest nano-related companies in the U.S. have a presence in Oregon, nearly across the street from each other in Hillsboro: electron-microscope provider FEI and Intel Corporation. The latter has shipped hundreds of millions of products that incorporate nanotechnology, and there is an Intel connection at practically every nano-related business in Oregon.
On the public side, Corvallis-based Oregon Nanoscience and Microtechnologies Institute (ONAMI) is the nexus of local nanoscience advances, helping bootstrap nano-related startups with investments, access to facilities and equipment, and links to the local talent pool. Other members of the support web include the state’s Oregon Innovation Council; business accelerator and tech transfer programs at Portland State University, OHSU, OSU and the University of Oregon; and the Oregon Translational Research and Development Institute (OTRADI).
“It’s a very collaborative community in Oregon,” says ONAMI’s executive director, Skip Rung. “Everyone knows everyone.” Rung says he expects and hopes that in addition to the millions of dollars in sales of Intel chips with “nanotechnology inside,” new nanotech businesses in the state will be worth up to $100 million within the next decade. The global market for nanotechnology is expected to be $50 billion by 2017.
But the pressure is on, as currently there isn’t a substantial stock of seasoned, medium-size Oregon nanotech companies, nor has a nanotech concentration or specialty emerged here. Instead the state has an abundance of companies in early, nonrevenue-generating stages.
There is Beaverton-based Puralytics, which recently began selling the SolarBag water purification system, based on nano-size photocatalysts that break down contaminants with the aid of sunlight. CSD Nano in Corvallis makes antireflective coatings for solar cells and is currently exploring coatings to reduce infrared light and heat from seeping through window glass to make it a superior insulator.
These and other fledgling companies basing their innovations on nanotechnology have glimmers of promise but no guarantee of mainstream success, nor a similarity between them that might be a magnet for venture capital.
“We don’t yet have a nano cluster,” says Eric Rosenfeld, founder of the Oregon Angel Fund, a local venture capital firm. “We have the foundation and some real assets. Now we need more companies to achieve greatness, success and wealth.”
To find out what it will take to make that happen, Oregon Business met with four individuals who play different roles in the state’s nano ecosystem: a researcher, an investor, and two entrepreneurs. The conversations revealed a wealth of energy and drive that could make Oregon a big beneficiary of nanotechnology’s economic rewards. Just not quite yet.
Thursday, August 20, 2015
Which of the following would be most effective in reducing the cost of operating a public university in Oregon?
Wednesday, August 19, 2015
BY GINA BINOLE
Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?
Monday, August 03, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Thursday, July 09, 2015
The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger. About 80,000 people attended despite temperatures in the upper 90s.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
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For good or ill, gay marriage inspires many people. They have strong feelings about it. Sometimes those strong feelings are grounded in religion and sometimes they are not. When the workplace is added to the mix, emotions tend to run high. After giving an overview of two current situations, The Bullard Edge is going to outline three key points for consideration and clarity.
Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
Attendance, breakfast buffet, materials, certificate of attendance and parking are all complimentary on behalf of the firm.
New regulations are in effect and more updates are on the horizon, are you prepared?
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.