Home Back Issues May 2011 Incubator focuses on green, tech

Incubator focuses on green, tech

| Print |  Email
Articles - May 2011
Wednesday, April 20, 2011
0511_GreenTech
Cascade Peak owners Diane Paulson and David Eliasen. Cascade Peak was one of the first five companies selected by the Medford incubator. // Photo courtesy Cascade Peak Distillery.
Southern Oregon hasn’t received the same hype as Portland for its leadership in sustainability and technology. But the Medford-based Sustainable Valley Technology Group is hoping to change that. The business incubator, which received nonprofit status and recently moved into their offices, has announced its first companies — each in their own way centered around technology and sustainability.

“We take a pretty broad view of both of those terms — technology and sustainability,” says Jeff Allen, who had previously served as the executive director for the Oregon Environmental Council and is adamant about integrating sustainable practices through the incubator. “Part of where we see value is in helping companies hardwire sustainability into their operations early on,” he says.

The first five companies selected were YogiTunes, a digital download music service for yoga-related music; Cascade Peak Spirits, the Northwest’s first organic distillery; ICR Systems, which links cars with online databases; TheDot Network, which provides schools with a web-based planner on closed social networking platforms; and REDCloud, which is developing an electric conversion kit for commercial vehicle fleets.

“My big vision for the business in the valley is to become a center for electric vehicles,” says Melissa Brandao, CEO of REDCloud, formerly Ambiente Motors. Brandao cites Oregon’s early adopting of electric vehicles, the valley’s proximity to California and Washington, as well as the relatively inexpensive cost of doing business there as advantages for the area.

Diane Paulson of Cascade Peak also sees the potential. The company sold close to $200,000 of its organic gin and vodka last year but is struggling to raise money for advertising and expansion. Paulson hopes the accelerator will help them navigate the funding terrain. “There are a lot of hurdles, because it’s such a new industry,” she says of micro-distilling.

“Every startup thinks that what they need is more money,” says Allen, stressing the importance coaching and networking to “avoid some of the early mistakes.”

“We’ve been moving very quickly,” says Allen, citing the $50,000 Jackson County gave to seed the project along with another $50,000 from other public and private donors.

Ilie Mitaru

 

More Articles

Q & A with Chuck Eggert

News
Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Read more...

The 2014 List: The Top 33 Large Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

100 Best Companies to Work for in Oregon [VIDEO]

News
Monday, March 03, 2014

Screen shot 2014-03-03 at 11.26.47 AM

Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

Branching out

March 2014
Tuesday, February 25, 2014
DSC04185BY LINDA BAKER

A blueberry bush is a blueberry bush — except when it’s a blueberry tree.


Read more...

Fuel's gold

March 2014
Tuesday, February 25, 2014
BY SOPHIA BENNETT

The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue. 


Read more...

The 2014 100 Best Companies to Work for in Oregon

News
Friday, February 28, 2014

100best14logo ThumbnailThe 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS