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Beaverton incubator has far reach
Interest about a Beaverton program was recently noted by a group from the Middle-East that would like to use the program as a model.
The Oregon Technology Business Center Virtual Incubation Program, supported by the city of Beaverton, welcomed a delegation from Saudi Arabia from Aug. 21 to 25. The delegation from the Islamic University in Madinah Saudi Arabia was at the Beaverton-based facility for business incubator training.
"The success of OTBC and Beaverton's support of entrepreneurship is gaining an international reputation," Beaverton Mayor Denny Doyle said. "It's exciting to see this type of collaboration happening right here in our city."
During the visit, Doyle met with the delegation, and Oregon Technology Business Center representatives provided material and training to support the establishment and operation of its own successful business incubator program.
"We were happy to see the delegation benefiting from the incubation program experience we've had here," said the center's Director Steve Morris. "They were excited about the material we covered and we hope to provide further assistance as they build their own program."
The Oregon Technology Business Center is a nonprofit startup incubator that provides expert level coaching, networking opportunities and entrepreneurship programs to help entrepreneurs succeed. It offers services plus office space to local ventures and delivers its programs online to entrepreneurs throughout the state via the Virtual Incubation Program. In 12 years, more than 90 new companies have been started and 200-plus high-wage jobs created. Its client startups have gone on to raise more than $60 million in grant and investor funding.
Learn more at otbc.org.