A bill that would join forces between Oregon State University and the University of Oregon -- and the cities around them -- to help create private companies based on research at the two universities has passed the Oregon Legislature.
Senate Bill 241, which creates a new South Willamette Valley Regional Accelerator and Innovation Network, or RAIN, and approves funding in the amount of $3.75 million, is expected to be signed by Gov. John Kitzhaber.
To read the original article: Legislature OKs bill to aid university spin-off ventures