Business Oregon opened applications for grants aimed at organizational programs that support what the state considers as high-priority sectors.
The grant program is aimed at "High Impact Opportunity Projects" and will fund between three and five projects, according to Business Oregon officials. The funding amount for each project will depend on the applications for each project budget but awards cannot exceed $250,000.
The grants can support research and development, testing and and commercialization of technology within targeted industries, including active lifestyle, advanced manufacturing, natural resources and high tech.
“For Oregon to remain competitive, we must have traded-sector industries that continually innovate their products and processes,” said Kate Sinner, innovation and entrepreneurship manager at Business Oregon, in a written statement. “HIOP was designed to support those innovations that will have broad impact across these industries.”
The application deadline is 8 a.m. Oct. 10.
Past projects that received HIOP funding include:
- A feasibility study by Hacienda CDC for a Portland Mercado Mobile Food Lab for rural access to equipment
- A Health Technology Collaborative feasibility study for an inventor space in Beaverton
- An OSU Food Innovation Center feasibility study on food waste and how byproducts of food and beverage manufacturing can be reused elsewhere
Funding for the program comes from the Oregon Innovation Council’s Innovation Fund, which lawmakers allocate each biennium.
