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|Articles - July/August 2012|
|Monday, July 09, 2012|
Page 5 of 5
For his part, Langeler says he recently was appointed to the Oregon Growth Board, a new umbrella group designed to coordinate activity at the state level to promote business growth and development. The urban innovation group “should absolutely have a place at the table,” he says.
Six months after the roundtable was first proposed, funding challenges have already led a number of community leaders to suggest Green define his objectives more clearly and consider separating out the education and entrepreneurship aspects of the project to better target and attract potential donors and participants, including foundations, universities and investors.
The roundtable “is very novel and worthy of pursuit,” says Jaymes Winters, CEO of Blue Leopard Capital, Oregon’s first minority-owned private-equity fund. “But it’s a tough row to hoe if you’re expecting the investment community to invest in something that is a matter of public policy or a think tank.”
Green says he is open to different options. “The mission is so important, we cannot allow the lack of funding to undermine or restrict our progress,” he says. “Between the time we started and now, we have exploded. We are drinking from a fire hose of opportunity across the nation.”
So back in Medford, where seeing another black person “is an unusual sighting,” he is going about the business of connecting the disconnected, working with Womack and Holifield on a second Minority Gathering of Angels event this fall, this time in Silicon Valley, and hooking up Montgomery to a FundingPost.com pitching event. And when New York-based television production company Al Roker Entertainment was looking for an African-American entrepreneur and family guy to feature, Green put them in touch with Ben Berry, CEO of AirShip Technologies Group, a Lake Oswego startup developing drones for the commercial market.
Green does have a long-term plan in mind for the roundtable, one that includes a clear organizational structure — a governing board and three working groups — and a national launch party, the National Urban Innovation Conference and STEM Expo that would be held in Portland and feature thought leaders from all over the country, including the White House, Silicon Valley and Silicon Forest.
Eventually the urban innovation roundtable pilot would be replicated in cities across the country, resulting in a nation transformed. “We see an innovation nation connecting an entire community: investors, innovators, all the way down to high schools,” Green says.
If that vision comes true, America21 will be an Oregon story for the ages, about an African-American man in Medford, a white city and the 21st-century black tech revolution.
Correction: This article has been revised to reflect the following correction. Between 2002 and 2007, 1.9 million black-owned businesses produced less than one percent of the gross domestic product and 1.8 million were sole proprietors. In the original article, those figures were reversed.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
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