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

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


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