Sponsored by Lane Powell

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

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

Uncertainty about convention center hotel could cost Portland an NBA All-Star Game

The Latest
Wednesday, February 18, 2015
463545460BY JACOB PALMER | OB DIGITAL NEWS EDITOR

NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Editor's Letter: Tortoise and the Hare

February 2015
Monday, January 26, 2015

The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average. 


Read more...

Live, Work, Play: Amen Teter

February 2015
Tuesday, January 27, 2015
BY JACOB PALMER

Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.


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