Bend R&D Tax Credit Opportunities for Businesses

R&D Tax Credits for Bend, Oregon Businesses

Bend, Oregon, is known for industries such as healthcare, education, manufacturing, retail, and tourism. Top companies in the city include St. Charles Health System, a leading healthcare provider; Central Oregon Community College, a major educational institution; Bend Research, a significant manufacturing employer; the Old Mill District, a key player in the retail sector; and Mt. Bachelor, a prominent tourism attraction. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements. By reducing tax liability, businesses can reinvest in R&D, improve efficiency, and develop new products, driving economic growth in Bend.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 1050 Southwest 6th Avenue, Portland, Oregon is less than 180 miles away from Bend and provides R&D tax credit consulting and advisory services to Bend and the surrounding areas such as: Redmond, Prineville, Madras, Sisters and La Pine.

If you have any questions or need further assistance, please call or email our local Oregon Partner on (971) 332-8516.
Feel free to book a quick teleconference with one of our Oregon R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Bend, Oregon Patent of the Year – 2024/2025

Deep Down Inc. has been awarded the 2024/2025 Patent of the Year for innovation in subsea equipment protection. Their invention, detailed in U.S. Patent No. 9163463, titled ‘Bend limiting stiffener and related methods’, improves the safety and durability of underwater cables and flexible structures used in offshore energy projects.

This new bend limiter design prevents damage by controlling the curvature of cables exposed to strong ocean currents or handling stress. It uses a series of interlocking elements that absorb and distribute force, reducing the risk of kinking or breakage.

The system is modular and adaptable, which allows for faster installation and maintenance. It offers improved performance in high-pressure environments, helping extend the lifespan of costly offshore infrastructure.

By focusing on both flexibility and strength, Deep Down Inc. delivers a solution that enhances reliability for deepwater operations. This advancement is especially valuable in oil, gas, and renewable energy sectors where subsea equipment failure can be costly and dangerous.

The patent represents a critical improvement in how companies manage underwater assets. With this invention, Deep Down Inc. reinforces its leadership in subsea innovation while helping operators reduce risk and downtime.