Portland lacks the framework it needs to help its web startups grow, said Darius Monsef, the CEO of the website COLOURlovers, to a crowd of fellow web developers Tuesday. Portland needs more investors who know the business, he argues, and more who can inject tens or hundreds of thousands of dollars into budding companies, instead of the millions provided by big venture capitalists.
The room was packed to standing room only at Wednesday’s Angel Oregon 2011 event at the Governor Hotel, with equal parts entrepreneurs looking for backing and investors looking for opportunities.
Many foreclosed houses—both those with major problems as well as newly-built houses—are selling for well below the list price at auctions.
Oregon technology jobs climbed 6.1 percent last month from February 2010, the biggest annual jump in six years.
Environmental groups and health care advocates pitched a bill to the Oregon Senate that would prohibit BPA in children’s drink containers.
Oregon lawmakers are considering a $5 million program that would offer incentives to businesses that grow in or relocate to Oregon.
Fred Meyer Stores Inc. agreed to pay wage increases and pension benefits to veterans who work for the company.
February saw the highest monthly jobs gain in Oregon since November 1996. But local economist Patrick Emerson argues that we still have a tough climb ahead of us.
While too early to assess, industry experts worry Japan’s earthquake could affect the supply of certain foods and autos in the Portland area.
Although absent in the Verizon iPhone and iPads, TriQuint Semiconductor retained its place in the AT&T version of the new iPad.