- Advantage Accelerator
- Advantage Partnerships
- Advantage Impact
- Faculty and Students
- Funding Opportunities
“Oregon’s university venture development fund will help transform today’s research and development into tomorrow’s businesses, ensuring that new and nascent technologies emerging from university laboratories will have a better chance than ever to become commercially viable.” http://www.ous.edu/about/campcent/uvdf.php.
In 2005 the Oregon State Legislature passed an innovative bill that provides an unprecedented tax incentive for donors who choose to support commercialization of promising university discoveries and campus-based entrepreneurial education by contributing to university venture development funds at the seven Oregon University System (OUS) campuses and Oregon Health & Science University (OHSU). This legislation was finalized in 2007 with passage of SB 582.
The purposes of a university venture development fund are to provide:
The legislature has authorized state-supported universities to receive a total of $14 million in tax credit eligible donations for university venture development funds. Within the OUS, each university’s share of this total is based on a number of variables, including the size of its research enterprise.
Oregon State University $5.35M
Oregon Health Sciences University $4M
University of Oregon $3.27M
Portland State University $880K
Oregon Institute of Technology $125K
Western Oregon University $125K
Southern Oregon University $125K
Eastern Oregon University $125K