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|Thursday, January 12, 2012|
Last fall I wrote a cover story for Oregon Business about the dearth of women serving on the boards of public companies. To compile the data, I printed out a list of Oregon’s 46 public companies, then counted the number of female directors on each company’s board. The tallying went something like this: “zero, zero, zero, one, zero, zero, two, zero, zero…”
The final count showed women fill only 39 of the 340 board seats on Oregon’s 46 publicly traded companies. Almost half of the companies had no women on their boards at all.
I thought about that story—and the sameness and sparseness of the numbers — while chatting the other day with Linda Weston, executive director of the Oregon Entrepreneurs Network. As Weston described the region’s increasingly vibrant startup scene, I was struck by what seemed to be a significant number of women serving on the frontlines of the city and state's entrepreneurial surge.
Oregon has a long history of women starting small businesses. But those enterprises have typically stayed small and revolved around retail—aka the “pink ghetto.” What’s new is women are forming “highly scalable businesses” and that a growing number are in the tech sectors, Weston says. “It’s a dramatic change."
A burgeoning population of women engineers and MBAs is helping diversify the entrepreneurial ecosystem. Perhaps OEN can also take some of the credit. In 2002, the nonprofit started the Women’s Investment Network, a program aimed at educating women about angel investing. That group, whose first investment was Portland Monthly Magazine, became so successful that it folded in 2010 and became part of the Portland Angel Network, a group of men and women who hear presentations from early-stage entrepreneurial companies.
A pioneering female entrepreneur herself, Weston — who was recruited in 1996 to start the now-defunct Portland Power women's basketball team — also noted that women who become active angel investors often become board members on those companies as well. It's a virtuous cycle. As I wrote in my women and corporate boards story, companies with a critical mass of female board members tend to hire more female corporate officers than companies with few or no women directors.
This is not to overstate the number of women in Oregon's startup sector, which is still very much male-dominated. And even as local business incubators and accelerators proliferate, we've yet to birth anything like Women Innovate Mobile, a New York-based startup accelerator and mentorship-driven program designed for women-founded companies in mobile technology. That program is currently accepting its first round of applications, with interest coming from dozens of states and several foreign countries, including China, says co-founder Deborah Jackson.
Back in Oregon, I have decided to inject what is so far an anecdotal project with a bit of scientific credibility — and have thus embarked on another data gathering exercise, this time compiling a list of female entrepreneurs and investors who are pushing the start-up scene forward. The following is by no means definitive, so please pass on names of other notable women driving 21st century entrepreneurship.
Oregon's startup women:
UPDATE, 11:44 a.m. on 1/12: I am starting another list of women identified after the blog published.
1. Teena Jan, co-founder Gamma Point LLC, a mobile app development company specializing in creating navigation apps.
2. Kristina Gorriaran, president SprigHealth, an online marketplace where consumers can find and book appointments with healthcare providers.
3. James Keller, co-founder, Small Society, develops mobile apps for large brands. Acquired in early January by Walmart Labs.
4. Kristine Akins, CEO BikeTrak, GPS powered security for bicycles.
5. Cindy Cooper, Founder Social Innovation Incubator, Co-founder and Managing Director, Impact Entrepreneurs, Portland State University School of Business.
6. Melissa Appleyard, oversees, Lab2Market, a PSU workshop providing startup training from venture capital firm, DFJ Frontier.
Linda Baker is the managing editor of Oregon Business.
Friday, May 22, 2015
BY EMILY LIEDEL
Inside the topsy-turvy world of corporate sustainability rankings.
Friday, May 22, 2015
BY LINDA BAKER | EDITOR
Roy Kaufmann always lands on his feet.
Friday, May 22, 2015
BY HANNAH WALLACE
Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?
Friday, May 22, 2015
BY KIM MOORE
As momentum grows at the state level to introduce far-reaching environmental regulations, such as carbon pricing and the Clean Fuels Program, Oregon employers continue to go the extra mile to create green workplaces for their employees.
Thursday, April 23, 2015
BY JASON NORRIS | GUEST BLOGGER
There are winners and losers with a strengthening U.S. dollar.
Tuesday, May 26, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.
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.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
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.