Spring 2017 Request for Proposals is Open Update: The Cayuse portal is ready for applications. Applicants should search for "University Venture Development Fund" as the sponsor.
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 OSU Venture Fund aids nascent technologies emerging from university laboratories in becoming commercially viable and helps small technology companies grow in Oregon. The Fund operates on donations, and provides a generous tax incentive to donors.
The purposes of a university venture development fund are to provide:
Oregon's signature research centers share share the best minds around the state, research equipment, and resources to create a world-class research agenda and outcomes. While different universities take the lead on some of these collaborative Centers and Institutes, each of these represents inter-institutional research efforts and agendas.