Chasing federal research dollars is a slog. Worth it. I mean, SBIR and STTR money is nondilutive. So you get capital without giving up ownership in your company. But a slog nonetheless. And most Oregon founders need somebody to walk them through it. Back in the day, we used to rely on Oregon BEST and VertueLab. But since that organization no longer has a significant local footprint, that’s been a gap in the community. So I’m happy to report that the Oregon Entrepreneurs Network has been awarded nearly $172,000 through the SBA’s Federal and State Technology (FAST) Partnership Program. Plus nearly $130,000 in matching funds from Business Oregon on top of that. For a total project budget of more than $301,000.
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