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 new Innovation Program in Portland State’s Maseeh College of Engineering is already cooking up some interesting projects, including a novel water filtration system, a mechanism for measuring traffic on foot-bridges, and a noise cancellation mechanism for cars.
Gov. John Kitzhaber announced new initiatives designed to boost manufacturing jobs before meeting with executives from several major employers Wednesday.