Help for businesses takes new approach

RAIN, the Regional Accelerator and Innovation Network that aims to help businesses start, grow and create jobs in the southern Willamette Valley, is gaining traction and hopes soon to start tapping the $3.75 million the Oregon Legislature approved for the project nearly a year ago.

Its executives and board are in place. It has filed the paperwork to be a nonprofit organization. Sixteen companies are in the hybrid incubator/accelerator in Corvallis, and Eugene hopes to launch its accelerator by June.

“We’re up and going,” said Eugene Mayor Kitty Piercy. Piercy, along with Corvallis Mayor Julie Manning and research officials at the University of Oregon and Oregon State University have been working on the RAIN proposal for the past two years as part of a Regional Solutions team appointed by Gov. John Kitzhaber…

Article Link: Help for businesses takes new approach. THe Register Guard. May 6, 2014.

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