CORVALLIS, Ore. - The sixth and newest cohort is beginning Accelerate, a program that helps fledgling or startup companies accelerate their products or services into the marketplace.
The cohort includes companies from across Oregon - in Corvallis, Albany, Newport, Eugene, Aurora and Portland - that will work with the Oregon State University Advantage Accelerator/RAIN Corvallis.
"Our ability to draw companies from across the region speaks to our strong reputation in the market, especially within the hard sciences and industrial technology products and services," said Mark Lieberman, chief startup officer for the Advantage Accelerator.
Accelerate is for community members and OSU students, staff, and researchers who intend to establish a privately held, for-profit organization.
The 12 Accelerate companies, which began their 10-week program last week, represent a wide variety of industries and technologies from medical devices to smart home products. They include:
"We are very excited about this new cohort," Lieberman said. "This is a very innovative group of entrepreneurs.
"All the clients in our program receive access to a number of great resources, including quality mentorship and business advice, a top notch intern program, Executives in Residence and a powerful network. All these assets work to increase the odds of success and accelerate the speed of bringing products to market."
The OSU Advantage Accelerator is one component of the Oregon Regional Accelerator and Innovation Network, or Oregon RAIN. With support from the Oregon legislature, collaborators on the initiative include OSU; the University of Oregon; the cities of Eugene, Springfield, Corvallis and Albany; and other economic development organizations.
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