A bill that will unify the tech transfer efforts of Oregon State University and the University of Oregon with $3.75m backing passes the Oregon Legislature.
Oregon State University (OSU) and the University of Oregon will join forces to spin-out research into new companies with help of a US legislature-backed innovation network and $3.75m.
The bill, Senate Bill 241, will see the creation of the South Willamette Valley Regional Accelerator and Innovation Network (RAIN), which will have $3.75m in funding. RAIN will be used to support tech transfer efforts of both universities with mentoring, investment identification, and two new acceleration facilities.
US Senator Lee Beyer, who…
