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Oregon Bioscience Incubator and OTRADI

Incubator

The Oregon Bioscience Incubator (OBI), formerly known as the Oregon Translational Research and Development Institute (OTRADI), is a 501(c)(3) non-profit research and economic development institute focused on accelerating bioscience industry growth and job creation in Oregon. It operates Oregon's first and only bioscience-focused business incubator and provides resources like entrepreneurial mentoring, state-of-the-art bioscience facilities, and shared equipment.

Overview and Management

Establishment Year

2007

Mission

To accelerate bioscience industry growth and job creation for the state of Oregon by translating innovative research into products and companies that benefit human health.

Values

Economic development, innovation, entrepreneurship, and community support.

Investment Roles

Direct Investor

Participant Demographics

Serves bioscience startups and scientific entrepreneurs in Oregon.

Generational Wealth Planning

Risk Tolerance

References or Case Studies

Offers a portfolio of 29 startups and their innovations.

Team Experience

Notable Achievements

Launched Oregon's first bioscience-focused business incubator; increased from six to 29 startups.

Project Track Record

Portfolio includes innovative startups like AirOmatix, Captis Biotechnology, and Hemex Health.

Exit Strategies

Legal, Compliance and Contact Information

Regulatory Registrations

Administered by the Oregon Business Development Department.

Compliance History

Email

info@otradi.org

Phone Number

(503) 227-1814

Address

Portland United States

Frequently Asked Questions

What is Oregon Bioscience Incubator and OTRADI?

Oregon Bioscience Incubator and OTRADI is an initiative aimed at accelerating the growth of the bioscience industry in Oregon. By translating innovative research into marketable products and companies, they contribute to job creation and advancements in human health. - Focus on bioscience innovation - Support for startups and research - Enhancing Oregon's health sector

How does Oregon Bioscience Incubator support startups?

Oregon Bioscience Incubator offers various resources to support startups in the bioscience sector, including mentorship, funding opportunities, and access to state-of-the-art facilities. Their goal is to help emerging companies thrive and contribute to the local economy. - Mentorship from industry experts - Networking opportunities - Access to funding and grants

What impact does Oregon Bioscience Incubator have on human health?

The Oregon Bioscience Incubator focuses on translating innovative research into viable products that improve human health. By fostering the development of new therapies and technologies, they play a crucial role in enhancing healthcare outcomes in Oregon and beyond. - Promoting health-related innovations - Supporting research translation - Contributing to job creation in health sectors

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