|| Print ||
|Articles - July/August 2013|
|Monday, July 08, 2013|
Page 1 of 4
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, September 10, 2015
BY KIM MOORE
Oregon is set to become a hub of a new type of wooden building design as a southern Oregon timber company becomes the first certified manufacturer of a high-tech wood product, known as cross-laminated timber, or CLT.
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
Monday, September 28, 2015
BY JOE CORTRIGHT
Corporate headquarters are no longer a marker of economic prowess.
Thursday, October 01, 2015
PHOTOS BY JASON E. KAPLAN
Images from the big 2015 celebration of worker-friendly organizations that make a difference.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
|The List: 100 Best Nonprofits to Work For in Oregon|
|Run, Nick, Run|
|One Tough Mayor|
|100 Best Nonprofits: Working for equality inside and out|
|Cream of the Crop|
|Keep Pendleton Weird|
|2 out of 5 millennials pay for their news|
|Oregon's graying workforce|
|How much did Bernie Sanders raise in Q3?|
|Federal regulators OK Jordan Cove LNG terminal|
|Amazon to emulate parts of Uber's model|
|Another former Daimler alleges discrimination|
|Struggling Whole Foods announces layoffs|
Wage gaps and workforce shortages are threatening the quality of care and supports to Oregonians with intellectual and developmental disabilities. Who’s caring for those who care for our most vulnerable residents?
Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Are you planning a meeting, party, gala, fundraiser, holiday party, golf tournament, retirement party, team building or birthday? You won’t want to miss this show to get hundreds of great ideas!
Promoting from within its own ranks, PacificSource Health Plans has tapped Tony Kopki to head its commercial lines of business in Oregon, Idaho and Montana. In his new role as Vice President of Commercial Programs, Kopki will provide strategic, product and market leadership for PacificSource’s commercial programs.
Thomson brings 25 years of healthcare experience in provider relations, sales, marketing and communications.