Oregon BEST funds and supports cleantech startups and university technology development. We measure the impact of our programs according to the following metrics: jobs created and revenue and follow-on funding earned by the companies we invest in, the grant funding earned by Oregon BEST from sources outside of the state, and support leveraged from partner organizations to benefit our portfolio of companies.
Oregon BEST also works to help Oregon maintain a competitive cleantech advantage by developing capacity and collaborations, and aligning the state’s strengths with external funding, market momentum, and industry priorities.
Learn more about our successes here: Success Stories
$6 million in early-stage investments has led to $60 million in follow-on investments.
"Oregon BEST's ongoing support has been instrumental in helping Indow grow from a startup of three people in 2010 to an Oregon manufacturing company with 30 employees and more than 100 distributors in 37 states, three Canadian provinces, and the Bahamas. The early investment that Oregon BEST made in Indow continues to pay dividends to our company."
— Sam Pardue, CEO of Indow
Received funding from the Bonneville Power Administration for more than $900,000 to offer the NW Energy Experience Prize over five years, encouraging promising students to explore technology innovation opportunities resulting from the utility industry's greatest challenges.