The Oregon State University Advantage Accelerator is up and running in downtown Corvallis, and it’s helping launch, sustain and grow new businesses to revitalize the Oregon economy.
The Advantage Accelerator’s first graduating class of startups was recognized earlier this year and included businesses such as Corvallis-based Valliscor, a chemical manufacturing company that licensed technology developed at Oregon State to produce high-value chemicals for the pharmaceutical, agricultural, polymer and electronics industries.
The program has been so successful that it plans to double the number of businesses it will work with this year. The Advantage Accelerator will also expand its collaboration with another economic development program, the Oregon Regional Accelerator Innovation Network (RAIN).
The Advantage Accelerator is benefiting Oregon State students as well. Sean Brown, a mechanical engineering major and University Honors College student, completed an internship at Onboard Dynamics in Bend. There, he helped evaluate the market potential of technology for natural gas-fueled vehicles that may one day revolutionize the way America drives.