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|Articles - April 2012|
|Thursday, March 22, 2012|
Page 2 of 3
“The city’s growth in personal income or average wage per job has not kept pace with its reputation as an innovator,” says Skip Rung, executive director of the Oregon Nanoscience and Microtechnologies Institute and a member of the economic development commission. Rung and other members said the plan endorsed by the council aims to reverse these trends by focusing on three action areas: growing and retaining startups, supporting existing employers such as CH2M HILL, and “leveraging existing assets,” by creating enterprise zones or marketing the vacancies that exist on the Hewlett-Packard campus.
Unsurprisingly, the city plan targets OSU as a key resource for spinning off research-based businesses. The university’s history of nurturing new companies dates to the 1930s, when a professor and three students started CH2M HILL, which is now headquartered in Colorado. Today the university seeks to keep local startups from decamping to other cities, says OSU vice president for research and commission member Rick Spinrad. Possible strategies include giving such companies access to university libraries and fee-based materials. The larger question, says Spinrad, “is what can the university do differently to support business?”
Another commission member, Nick Fowler, CEO of Perpetua Power Source Technologies, said the city aims to more fully exploit synergies between the university, HP and CH2M HILL. A former HP employee, Nick Fowler noted that Perpetua’s thermo electric technology is only “one or two degrees of separation” from his former employer’s inkjet technology.
As city leaders grapple with growing businesses and creating jobs, one sector has already taken off: student housing. Capitalizing on student population growth and an apartment vacancy rate of less than 1%, developers are planning at least four major off-campus student housing developments. “It’s a beneficial time for building units,” says Tom Gerding, a contractor who is building one of those projects: 7th Street Station, an 82-unit complex with 308 bedrooms. Gerding also is working on two affordable housing projects.
Not everyone is enthusiastic about the city’s housing boom. “It feels as if Corvallis is under siege from housing developers who say, ‘Ooh, we can build student housing there,’” says Louise Marquering, one of many Corvallis residents who have organized to protest parking, congestion and other problems stemming from OSU’s growth. The university, says Marquering, needs to have its own plan to house students instead of relying on private developers.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Monday, April 27, 2015
BY LINDA BAKER
Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise. As a fiduciary, investment advisors need to be focused on both sides of the coin.
Wednesday, April 29, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Portland is awash in rideshare options. We ask the head of Flywheel what sets his app apart.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
Wednesday, April 01, 2015
BY LINDA BAKER
Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.
Friday, April 24, 2015
BY AMY MILSHTEIN
Male tech workers speak out on the industry's gender troubles.
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New conference aims to solve challenges, quell fears amid regulatory changes.
Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.
34 spots for food, 17 places to sip, and 7 sites to choose a brew beckon visitors.