Business Oregon opens apps for Commercialization Gap Fund manager

Business Oregon is taking applications for a fund manager to run the next biennium of its Commercialization Gap Fund. The first Gap Fund was created in the 2019-2021 biennium budget and was managed by Portland-based investor Elevate Capital. This next fund will cover 2021-2023 and total $4.5 million. The fund manager must be based in Oregon. The program is designed to invest in early-stage, science-based startu ps many of which are coming out of the state’s research universities. The fund is…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news