OTBC helps entrepreneurs start companies by providing incubation services, including mentoring, office space, workshops, gigabit internet access,
These services are provided in 3 programs...
All early-stage growth startups are invited to apply for residency at OTBC. After reviewing the application and meeting with the team, OTBC will offer residency to the applying startup if OTBC believes that the OTBC services would benefit the startup (see OTBC Services below). Residents pay rent for their affordable office space, and receive the OTBC services described below at no additional cost.
Starting in 2016, the City of Beaverton, the West Side Startup Fund and OTBC worked together to create the Beaverton $100K Startup Challenge. The Challenge is an annual program in which the city and the Westside Startup Fund each contribute $50,000 to create a seed fund to support $20,000 investments each year in a small number of startups. The goal is to help startups kick-start their business with an investment, coaching, mentoring and other services from the OTBC.
OTBC created the VIP program with funding from the Oregon Community Foundation. VIP delivers workshops and mentoring via interactive video to companies all over Oregon.
The Oregon Technology Business Center (OTBC) received the highest possible ranking in the Oregon Founder’s Study, a collaborative study performed by the Oregon Entrepreneurial Network (OEN) and Portland State University (PSU) Associate Professor Charla Mathwick.
“Based on that question, OTBC was ranked as one of the top providers of services to the local start-up community,” said Mathwick. “Founders have told me that the best advice for guiding their business often comes from fellow founders.” OTBC was rated among many mentors, but was the only incubator that received top honors, 3 out of a possible 3.
In addition to receiving advice from the OTBC coaching team, Resident Members benefit from OTBC’s large extended network. OTBC can provide introduction to potential partners, board members, founders, employees, and investors. With a strong team of coaches and a large network of contacts, OTBC helps Members develop solid plans, meet milestones, and expand their network.
We encourage OTBC residents to meet with an OTBC mentor at least every two weeks. Mentoring from OTBC’s group of experienced executives and resident CEO covers a broad range of topics such as:
We also encourage residents to take advantage of our frequent OTBC seminars and workshops. In addition to great learning opportunities, these are always excellent venues for meeting other entrepreneurs, as well as mentors and investors.
The home office is certainly affordable–but having professional-looking office space, with a staffed reception and conference rooms for meetings helps your startup project a professional image. That increases confidence in partners, customers, and investors. With OTBC residence, you have a shipping address with a staffed reception to receive your packages.
OTBC is a short walk to MAX light rail, and easily accessible from highway 217. If you do need to drive, it’s nice to know that we have lots of free parking. As a resident venture, you’ll have 24/7 access to the facility. We understand that sometimes, startups work around the clock!
OTBC provides basic office furniture, wireless internet, conference rooms, and a staffed reception. We take all of the facility-management hassle out of office space. OTBC maintains internet services through both Frontier Communications and Comcast to ensure consistent, uninterrupted internet access.
Bizspark: OTBC is a partner in the Microsoft Bizspark program. Bizspark provides startups with Microsoft development tools at a very low cost–or even free.
Company Set-up: OTBC partners with leading law firms in the Portland area to provide resident ventures with very affordable options for setting up their company.