The state of Oregon’s economic development department awarded grants to four small businesses in the technology realm.

Business Oregon’s Small Business Innovation Research and Small Business Technology Transfer grant programs look “to stimulate technological innovation and provide new opportunities for small businesses to conduct research and development with commercial potential.”

APDM, which makes wearable tech, landed $100,000 while Architectural Applications, an energy company, nabbed $98,000 plus.

Inpria, a “next-generation semiconductor lithography” specialist, collected $100,000. Ubivac, which operates in the cancer treatment realm, collected the most, at $125,000.

“Supporting innovation at emerging Oregon small businesses is a key part of how Business Oregon works to create a competitive economy,” said Chris Harder, director of Business Oregon, in a release. “The state grants will help these small businesses scale their innovative ideas and access new markets, potentially resulting in future revenue and new jobs.”

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Aug 18, 2016
Portland Business Journal