Oregon State University announces its first participants of its Venture Accelerator.
Oregon State University has welcomed its first 12 participants to its new Venture Accelerator programme.
The accelerator, which will host both research concepts and spin-outs in their early stages, is part of OSU’s Advantage initiative, which the institution hopes will increase industry investment in its research by 50% and create 20 new firms over the next 5 years.
The projects and companies moving into the accelerator range in scope and sector, from online shopping and gaming to solar cell devices and water treatment.
John Turner, co-director of the Venture Accelerator, said: “We think the Venture Accelerator will contribute at all stages of their commercial development and really speed the companies toward success. It’s also worth noting that we’ve chosen some technologies that are incremental advances in a field, and others may represent breakthroughs of global importance. There’s a place for both in what we’re trying to do in job creation and economic advancement.”
