Transforming today's research and development into tomorrow's business
Oregon’s University Venture Development Fund (UVDF) will help transform today’s research and development into tomorrow’s business, ensuring that new and nascent technologies emerging from university laboratories will have a better chance to become commercially viable.
What is the University Venture Development Fund?
The University Venture Development Fund (UVDF), provides Oregon universities the opportunity to accept gifts from individuals and organizations that wish to support research and commercialization activities at the universities.
The purpose of the UVDF is to provide:
• Capital for university entrepreneurial programs
• Opportunities for students to gain experience in applying research to commercial activities
• Proof-of-concept funding for transforming research and development concepts into commercially viable products and services
• Entrepreneurial opportunities for persons interested in transforming research into viable, commercial ventures that creates jobs in the State of Oregon
Which Oregon universities participate in the UVDF?
• Eastern Oregon University
• Oregon Health & Science University
• Oregon Institute of Technology
• Oregon State University
• Portland State University
• Southern Oregon University
• University of Oregon
• Western Oregon University
What are the tax incentives for contributing to the UVDF?
Contributing donors to the UVDF receive a significant State of Oregon tax credit, and the university Technology Transfer offices are able to use the funds to facilitate the commercialization of university research and development, and to support projects and innovations that show promise for having impact. For more information on qualifying for the UVDF State of Oregon tax credit, read more here.