VertueLab (formerly Oregon BEST) is a nonprofit innovation center that merges innovation, technology, entrepreneurship, and impact investing to address and resolve global environmental challenges. VertueLab provides funding and entrepreneurial support to Oregon cleantech startups, helping them to scale and create jobs, generate revenue, and attract new capital to the state. Startups have access to a wide range of support and acceleration programs from mentorship and access to funders, to investor readiness, funding for prototypes, assistance obtaining R&D grants, university connections, and more. For innovators, VertueLab provides acceleration programs to help their companies grow and attract capital. For funders, VertueLab amplifies their philanthropic and economic development goals. For impact investors, VertueLab is a conduit for direct investing for a combination of financial return and measurable impact.
Since 2007, VertueLab has:
- Distributed over $440M in leveraged funds;
- Created and retained more than 500 Oregon jobs; and
- Provided over $7.5M in funding to Oregon companies.