Must Reads

High-desert drones in Central Oregon

ben-blogOregon State University and Economic Development for Central Oregon have signed an agreement to collaborate on research and commercialization in the fast-growing unmanned aerial vehicles industry.

Central Oregon progress comes with caveats

ben-blogFacebook has announced that it will build a second data center in Prineville. InEnTec has raised $20 million. Black Butte Ranch is investing $3.75 million in a golf remodel. And Cascade Bancorp has reported a $2 million quarterly profit. Is Central Oregon’s economy finally returning to health?

Sowing the seeds of cash

ben-blogEight local startups won $25,000 apiece from the Portland Seed Fund in an upbeat ceremony Tuesday, and one of those chosen eight, Geoloqi, also announced a larger seed investment of $300,000 from local entrepreneurs.

Long-term job losses still dwarf gains

ben-blogEarlier this year, Powell’s Books made national headlines by eliminating 31 jobs in Portland, stirring up familiar questions about the future of independent booksellers in the age of e-readers and smart phones. But a quick study of the latest numbers from Oregon’s top private companies shows that Powell’s actually survived the recession in a stronger position than many of its peers.

Building something crazy in Bend

ben-blogGreg Cole and his growing team at Windward Performance recently sawed a hole in the wall of one of the seven hangars they occupy at Bend Municipal Airport to make room for their newest project: a non-motorized glider designed to soar to 90,000 feet above sea level. That would set a new world record for manned, wing borne, sustained level flight.

Entrepreneurs bloom in the Gorge

ben-blogYesterday’s Gorge Angel Conference 2011 event produced plenty of ideas: a new winch for securing loads on flatbed trucks, a simple cloth wrap to keep babies warm and safe in the neonatal intensive care unit, an electronic product registration system to do away with the annoying rebate’s-in-the-mail ritual and more. Now they need cash.

The recession is finally over in Oregon

ben-blogIntel is building a $2.5 billion factory in Hillsboro. Facebook is pouring millions into Prineville and Google is investing $100 million in Eastern Oregon wind power. Crop and beef prices are up - as are crab and salmon prices. Bank of the Cascades, MBank and others have avoided the wrath of the FDIC. Trucking is up 26 percent year over year, online job ads are up 23 percent, and business and personal bankruptcies are down 3.4 and 8 percent respectively. To me, this adds up to a preponderance of evidence.

On the Scene: Angel Oregon 2011

sceneblogbwThe 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.

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