The mission of the Portland State Business Accelerator is to incubate and accelerate start-up technology and science companies while creating a living laboratory for the University community.
The PSBA is part of a larger effort by Portland State University to promote and support industry collaborations that foster economic development for our state in key industries. We focus primarily on the industry clusters of Green Tech & Sustainability, IT & Software, and Biotech/Bioscience.
Companies locating at the PSBA gain affordable office and/or lab space with very flexible lease terms. They also can benefit from a range of support services that are designed to help speed each company's time to market. As a result of cost controls and business development support, participating companies have a high probability of success. To date, 84% of companies have been successful, compared to typical success rates of 20%-40% for new start-ups.
PSBA client companies typically locate in downtown Portland after graduation and contribute to high-wage job growth and other economic gains for Oregon.
