Credit: OSU Advantage Accelerator
Contact: Karl Mundorff, Karl.Mundorff@oregonstate.edu
The Oregon State University Advantage Accelerator seeks creators of new business concepts to be part of their fall cohort in the Iterate program, where startup experts help budding entrepreneurs evaluate and refine their ideas.
The Iterate application period coincides with the Accelerator’s naming five new members to its strategic advisory board, including Maggie Finnerty, executive director of the Oregon Entrepreneurs Network, and former Oregon Republican Party chairman Allen Alley.
The one-month Iterate program kicks off Oct. 24.
“Being on the strategic advisory board is a great opportunity to work with the state’s leading research university and be part of the bridge to industry,” said Alley. “Oregon’s future depends on harnessing our world-class innovations and bringing them to global markets.”
In its four years of existence, the Accelerator has advised more than 70 program graduates who have generated more than $4.5 million in revenue and gained more than $2.3 million in equity investments, $10 million in grants, and $500,000 in loans or other financing.
Accelerator activities have created more than 50 full-time-equivalent jobs. The Accelerator has engaged with nearly 400 entrepreneurs and startups in the region and interacted with more than 4,500 students and 130 volunteers.