OBI & OTRADI December 2018 Newsletter

OBI has opened a new Digital Health IT Annex co-working space with dedicated desks available for startups on a month-by-month basis. This new shared space is a great way to collaborate with other Digital Health IT companies while still having a place to call your own.

AMENITIES INCLUDED:

  • Specialized Mentoring: Entrepreneurs-in-Residence and unique BioMentoring program to assess company needs, identify and reach milestones and accelerate companies’ growth. Entrepreneurial training via workshops, peer-mentoring, etc.
  • Collaborations: Share resources, ideas, and space with regional incubators, accelerators, networking events, Life Science and Digital Health Startup CEO Roundtable Lunches, Lunch & Learns, and entrepreneurial training opportunities.
  • Space: 
    • Private kitchenette and server room
    • Access to conference rooms, meeting and networking spaces
    • Free parking
    • Key code access to building and OBI 24-hours/day
    • WiFi included
    • Utilities included
    • Janitorial services included

Contact Heather Ellis at hellis@otradi.org for more information or to schedule a tour of this space.


The Portland Business Journal selected DesignMedix as one of the winners of this year’s Makers and Manufacturing Award.

Each year the Portland Business Journal honors the region’s top manufacturing companies who drive our economy with innovation, excellence and productivity. These companies shape the future and build what is needed for our next generation.

NOTE: If you do not have access to the Portland Business Journal, click here for a PDF of this article.


OBI Client Company Wins


Gamma Therapeutics launched a crowdfunding campaign for “A New Way to Predict Heart Attacks and Strokes”


Now Announcing New Funding Opportunities for Oregon Startups!

SBIR/STTR Matching Grants from Business Oregon

Please note this grant DOES require a startup to have SBIR/STTR funding.

Business Oregon is looking for entrepreneurs and startups who would like to apply for this supplemental funding to match a portion of their SBIR/STTR grant/s. Business Oregon is accepting applications on a rolling basis, so you can apply as soon as you get all the materials together. All information is available on Business Oregon’s web page: www.oregon4biz.com/sbir. The application form and guidelines are in the resources box on the right side of the page.

Willamette Valley Capital

Now offering $100,000 capital investments for entrepreneurs and early stage businesses.

Oregon Venture Fund

Now offering up to $2M for startups and growth stage companies. OVP investors will contribute their expertise and leverage their network to help businesses succeed.


Join us for these OBI and OBI-Partner events in December:

Partner Event: Oregon Bioscience Association is hosting their signature event Bio in the Valley on December 6th in Eugene. Register now. $15-$35 to attend.

OBI Event: Our monthly Accelerate Bio & Digital Health Happy Hour is on December 6th at OBI/OTRADI. Register now. Free to attend.

 


Opportunities in the community:

Position: OHSU Program Manager – Innovation

OHSU’s Department of Surgery is looking for a full time Program Manager.

Apply now

Internship Grant Opportunity: Applications open Monday, December 3 for Prosper Portland’s first Small Business Internship Grants, available for up to 12 eligible small businesses in the Portland metro area.

 

 

OBI & OTRADI November 2018 Newsletter

Genentech to open Portland office, brings 300 jobs

“When we were looking for locations we took into account what would be a great location in terms of connectivity with the organization and patients and community,” said Claire Scott, Vice President of Access Solutions. “We love the mission driven culture we found in Oregon and Portland.”

NOTE: If you do not have access to the Portland Business Journal, click here for a PDF of this article.


Summit Development Group is excited to announce that the Eastside Innovation life science laboratory building at 808 SE Alder is under construction and open for pre-leasing, with estimated Summer 2019 move-in dates. The Eastside Innovation building features BSL-2 lab spaces and robust lab-specific mechanical systems never before offered in the Portland for-lease market.

To learn more, click here for a packet of information.


OBI Client Company Wins


Nature article by OHSU team, including OTRADI scientist Dylan Nelson, details

New Leukemia Research Harnessing the Power of Big Data

NOTE: Click here for a PDF of the Portland Business Journal


November BioMentor Highlight

OBI offers an extensive BioMentor program to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting Michael Phillips, Partner at Davis Wright Tremaine.

As a BioMentor, Michael can bring not only the required legal expertise to help a company and its founders achieve their goals and succeed, he offers the experience of having been through complete histories of startups, from earliest stage through initial public offerings and acquisitions.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Now Announcing New Funding Opportunities for Oregon Startups!

 

SBIR/STTR Matching Grants from Business Oregon

Please note this grant DOES require a startup to have SBIR/STTR funding.

Business Oregon is looking for entrepreneurs and startups who would like to apply for this supplemental funding to match a portion of their SBIR/STTR grant/s. Business Oregon is accepting applications on a rolling basis, so you can apply as soon as you get all the materials together. All information is available on Business Oregon’s web page: www.oregon4biz.com/sbir

The application form and guidelines are in the resources box on the right side of the page.

Willamette Valley Capital

Now offering $100,000 capital investments for entrepreneurs and early stage businesses.

Oregon Venture Fund

Now offering up to $2M for startups and growth stage companies. OVP investors will contribute their expertise and leverage their network to help businesses succeed.


Join us for these OBI and OBI-Partner events in November:

Partner Event: OHSU’s Technology Transfer and Business Development is hosting their MedTech Alliance Showcase on November 1st. Register now. Free to attend.

Partner Event: Tonkon Torp is hosting a Tonkon Talks on Business Immigration for Startups on November 7th. Register now. Free to attend.

OBI Event: Accelerate Bio & Digital Health Happy Hour is on November 8th at OBI/OTRADI and will be featuring our sponsor, Summit Development. Register now. Free to attend.

Partner Event: Technology Association of Oregon is hosting their Ignite TAO: Health on November 9th. Register now. $3-$5 to attend.

OBI Event: OBI is hosting a Life Science & Digital Health CEO Peer-Mentoring Roundtable on November 15th at 12PM. Register now. Free to attend but limited to CEOs only.

Partner Event: SOPE is hosting a Portland Chapter Meeting the evening of November 15th. Register now. Free to attend.

OBI & OTRADI October 2018 Newsletter

Thank you to those who were able to join us for our OBI/OTRADI 10-Year Anniversary Celebration!

 

We’re proud to report that our OBI Anniversary Celebration and a retrospective of our startups’ achievements was featured in a wonderful write up in the Portland Business Journal.

NOTE: If you do not have full access to Portland Business Journal, clink here for a PDF of this article.

 

More than 250 people attended our anniversary celebration, including Oregon legislators, OTRADI partners from research universities, incubators and accelerators across the state, entrepreneurial and startup leaders from OBI and beyond, Business Oregon, Oregon Bioscience Association, Technology Association of Oregon, Oregon Entrepreneur Networks, angel investors, venture capital investors, and bio and digital health leaders from across Oregon, to support OBI/OTRADI and our amazing startups. We could not ask for better partners and supporters or a more robust community of bio-entrepreneurs!

 


Check out the wonderful video about OBI and OTRADI startups that our partners at Built Oregon and PIE created for our 10-Year Anniversary Celebration!

 


OBI Client Company Wins

 

Aronora was granted FastTrack Designation for their proCase, an enzyme intended to reverse blood clot formation without increasing the risk of bleeding. This FastTrack designation allows for drug candidates to qualify for accelerated FDA approval.

NOTE: If you do not have full access to Portland Business journal, click here for a PDF of this article.

 


October BioMentor Highlight

 

OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science and digital health entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor Kevin Clark.

As a BioMentor, Dr. Clark mentors in areas of partnership development, venture capital investment, and grant/endowment financing for business growth and sustainability. He also advises on product trends, basic and clinical neuroscience/microbiology protocols, and IP management strategies.

Click here to learn more about our BioMentor program and to see our full network of BioMentor contacts.

To connect with BioMentors, please fill out this form. You are welcome to choose your preference of BioMentors or we are happy to choose who best to connect you with.


Portland’s own DesignMedix may be the startup that cures malaria some day soon.

 

OTRADI is proud to have contributed scientific work years ago, testing these potential drugs for DesignMedix.

Congratulations to DesignMedix and the thriving bioscience entrepreneurial community!

 


Join us for these OBI events and OBI’s Partner Events in October

 

Partner Event: Tonkon Torp is hosting a Tonkon Talks – How to Accelerate Growth on a Shoestring Budget on October 3rd. Register now. Free to attend.

Partner Event: OSU is hosting The Promise and the Peril of Artificial Intelligence and Robotics on October 23rd. Register now.

 

OBI Event: Join us for a Lunch & Learn on Best Practices in Medical Device Design on October 25th from 12pm – 1pm. Register now. Free to attend.

 

OBI Event: Join us for our monthly Accelerate Biotech & Digital Health Happy Hour on October 4th. Register now. Free to attend.


 

OBI & OTRADI September 2018 Newsletter

LAST CHANCE to join us at our upcoming OTRADI & OBI 10-Year Anniversary Celebration on September 11, 2018.

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.

SPEAKERS:


OBI Client Company Wins

  • Hemex Health was awarded 3 NIH grants:
    • $1.725M fast-track SBIR award from the National Heart, Blood and Lung Institute to advance their sickle cell test.
    • $225K award from the National Institute of Allergy and Infectious Diseases to enable their malaria diagnostic to distinguish between the two most common forms of malaria and to further lower their limit of malaria detection.
    • $225K award from the National Institute of Diabetes and Digestive and Kidney Diseases to adapt their device to identify and measure HbA1C (flycosylated hemoglobin), which is an indicator of diabetes.
  • Madorra closed the first tranche of their Series A raise. They also received IRB approval for their Human Factors study.

September BioMentor Highlight

OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor, and OBI Entrepreneur-in-Residence, Dr. William Newman.

As a BioMentor, Dr. Newman provides advice and assistance in the areas of business creation, investment strategies and capital sources, market-entry and growth strategies, and, for companies with origins in the academic/research sector, advice and assistance in working with institutions and researchers.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Now Announcing Two New Grant Programs for Oregon Startups!

 

SBIR/STTR Matching Grants from Business Oregon:

Please note this grant DOES require a startup to have SBIR/STTR funding.

Business Oregon is looking for entrepreneurs and startups who would like to apply for this supplemental funding to match a portion of their SBIR/STTR grant/s. Business Oregon is accepting applications on a rolling basis, so you can apply as soon as you get all the materials together. All information is available on Business Oregon’s website. The application form and guidelines are in the resources box on the right side of the page.

 

Enhanced Phase 0 Grants from Business Oregon:

Please note this grant does NOT require a startup to have SBIR/STTR funding.

Grants of up to $100,000 will be provided to Oregon startups commercializing promising science and research that aligns with Oregon InC’s targeted industry sectors: active lifestyle, advanced manufacturing, natural resources, life science applications, advanced materials, and clean tech/impact investing. This program will focus on companies that are not yet ready for commercial or institutional investment. Funds are meant to support proof of concept for innovations – development of a commercially viable product, market validation and other relevant expenditures. To be eligible, companies should have existing relationships with OTRADI/OBI, University Tech Transfer Offices and related Business Oregon innovation partner organizations.

Proposals will be accepted in September of 2018, December of 2018 and March of 2019 pending available funding. September applications are due September 28th.


Join us for these OBI events and OBI’s Partner Events in September:

Partner Event: Tonkon Torp is hosting a Tonkon Talks on Cybersecurity for Startups on September 5th. Register now. Free to attend.

Partner Event: Oregon Bioscience Association is hosting Bio on the Vine on September 5th. Register now. $20 – $60 per person to attend.

OBI Event: OBI/OTRADI 10-Year Anniversary Celebration aboard the Portland Spirit on September 11, 2018. Register now. $35 per person to attend.

OBI Event: Join us for a Lunch & Learn on Financial Forecasting and What Data To Present on September 19 from 12pm – 1pm. Register now. Free to attend.

Partner Event: WIS is hosting their 1st Annual Women in Science Portland Fundraising Gala on September 20th. Register now. $75 – $100 per person to attend.

Partner Event: Life Science Washing Institute is hosting a Best of the Northwest Showcase on September 21st. Investors can register now and startups can apply now.

Partner Event: OCTRI is hosting the Biomedical Innovation Program fastPACE, a 4-week biomedical commercialization course. Register by September 20th to attend. Free to participate.

 

OBI & OTRADI August 2018 Newsletter

Join us! Registration is open for our upcoming OTRADI & OBI 10-Year Anniversary Celebration on September 11, 2018.

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.


OBI Client Company Wins

  • Madorra has been awarded a $2.3M Fast-track SBIR grant from the NIH to further develop their cutting-edge women’s health medical device.
  • SUTUREGARD Medical completed a successful human use clinical trial and was just issued a key patent on their device. They are among the top 15% of national applications to Defense TechConnect and have been invited to pitch for Department of Defense non-dilutive funding.
  • Veana Therapeutics has been awarded an SBIR Phase 1 grant from NIH to further test their immunotherapeutics.

OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor Dorota Shortell.

As a BioMentor, Ms. Shortell can advise in the areas of engineering and commercialization for companies and entrepreneurs. While Simplexity only works for existing corporations and funded startups, Ms. Shortell can help aspiring companies estimate engineering budgets needed to bring a product to market, while they are still in the fundraising phase.

Dorota will be giving a Lunch & Learn at the OBI on October 25, 2018. Stay tuned for more information.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Join us for these OBI events in August:

 Join us for our monthly Accelerate Biotech & Digital Health Happy Hour on August 2nd at PIE. Register now to attend.

Carol Pratt will be leading a Lunch & Learn entitled FDA Regulation of Digital Health Products on August 15th. Register now to attend.

OBI & OTRADI JULY 2018 NEWSLETTER

We have redesigned our OBI Website to be more user-friendly and helpful. Come check out our new design!


The amazing work of OBI client company, Vir Biotechnology, was featured in a Portland Business Journal article entitled “How a $600M jolt could get OHSU’s promising AIDS vaccine to market.”


OBI Client Company Wins

NOTE: If you would like PDF versions of these articled, email us at info@otradi.org.


Join us! Registration is open for our upcoming OTRADI & OBI 10-Year Anniversary Party on September 11, 2018.

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.


Great articles about developments in the Portland Innovation Quadrant (Portland IQ). Click the photos for the full stories.


OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor and Entrepreneur-in-Residence, Gordon Hoffman.

As a BioMentor, Mr. Hoffman can provide advice and assistance in the areas of business creation, investment strategies and capital sources, market-entry and growth strategies, corporate governance and advisory boards, and for companies with origins in the academic/research sector, advice and assistance in working with institutions and researchers.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Join us for these OBI events in July:

 

Join us on July 5th for our monthly Accelerate Biotech & Digital Health Happy Hour at the CLSB and sponsored by OHSU’s OCTRI. Register now to attend.

The OBI and Aliat are hosting a Lunch & Learn entitled The Benefits of Outsourcing HR, Benefits, and Payroll on July 17th. Register now to attend.

Carol Pratt will be leading a Lunch & Learn entitled FDA Regulation of Digital Health Products on August 15th. Register now to attend.

 

OBI & OTRADI June 2018 Newsletter

Save the Date for our upcoming OTRADI & OBI 10th Anniversary Party on September 11, 2018


OBI Client Company Wins


AbSci, the first company to graduate from our Oregon Bioscience Incubator, has just raised an incredibly impressive $12M Series C investment!

 


Jennifer Fox, Executive Director of OTRADI/OBI, and Denise McCarty, Executive Director of the Oregon Bioscience Association, represented Oregon at Digital Health World Congress in London where they met Pilar Hermida, Head of Globilasation at i-Expand.com and Michelle Zimmerman, Director of Digital Marketing at Fitscript.com. #DigitalHealth


Accelerate Bio & Digital Health Happy Hour

Our monthly happy hour brings together creative and driven professionals who are passionate about promoting the growth of Portland’s Biotech and Digital Health sectors. Register now to attend our July 5th happy hour.

 


The OBI welcomed new client company, SUTUREGARD Medical, in May 2018.

 


SBIR Road Tour Oregon on July 17, 2018

The SBIR/STTR Road Tour – Oregon will be a 1-day live event on July 17, 2018 located at Portland State University. It will provide an exceptional opportunity for small businesses and those supporting them to meet directly with over 25 program managers from the 12 Federal agencies with SBIR/STTR Programs, as well as USPTO and SBA. Register now!

 

OBI & OTRADI May 2018 Newsletter

The Portland Innovation Quadrant (Portland IQ), which leverages science, health, technology, and talent to create economic growth and opportunity for the entire Portland metro region, was officially launched at TechfestNW in April 2018. OTRADI and the Oregon Bioscience Incubator (OBI) have been working with public and private partners over the past year to make the Portland IQ vision a reality. The Portland IQ not only serves as the center of gravity for Portland’s innovation ecosystem, but will also become home to Portland’s newest bio building.


Portland’s biotech community finally gets its wish: a new lab-office building in the growing Portland IQ hub.


Jennifer Fox, Executive Director of OTRADI/OBI, and Denise McCarty, Executive Director of the Oregon Bioscience Association, represented Oregon and promoted more robust funding for scientific research and STEAM education, during the national Bio Fly-In Event in Washington DC. Ten meetings with 10 Senators and Representatives in 8 hous = 5 miles of walking and 1 ride on the Senate subway. #BioFlyIn #PortlandIQ #OTRADIBio


Join us for these OBI events in May:

 OBI, OCTRI, and OHSU’s TTBD are collaborating to host a Peer Entrepreneur Forum on May 8th where our distinguished panelists will discuss their transition from scientist/clinician to entrepreneur. Register now.

 

The OBI, in partnership with FutureBrand Speck, will be hosting a Lunch & Learn entitled Forget Me Not – Why Customer Research Matters on May 24th. Register now to attend.

 

As part of our Ater Wynne Lunch & Learn Series, the OBI will be hosting a discussion of Going Global for Technology Companies on May 30th, led by Akana Ma. Register now to attend.


SAVE THE DATE – SBIR Road Tour Oregon on July 17, 2018

The SBIR/STTR Road Tour – Oregon will be a 1-day live event on July 17, 2018 located at Portland State University. It will provide an exceptional opportunity for small businesses and those supporting them to meet directly with over 25 program managers from the 12 Federal agencies with SBIR/STTR Programs, as well as USPTO and SBA. Stay tuned for more information.


The OBI welcomed two new client companies in the past quarter: