Startup and tech news, jobs, and events in Portland and Oregon
Accelerators are nothing new. They’ve become a quintessential part of many startup ecosystems. But more often than not, they’re rather one note. Because the vast majority of those accelerators are only accelerating one thing: tech. But there’s more to startups than just tech. Especially around here. That’s why Built Oregon is rethinking the accelerator model to support consumer products companies.
Portland is nothing if not collaborative. So it would only make sense that a bunch of the Portland startup community would band together to help welcome the newest startup support organization in to town, WeWork Labs Portland. And what better way to show that support than to gather in celebration of the launch of the project.
You may have heard of a little company called WeWork. (Actually, the company is called We Company, now, but bear with me…) They’ve got a few spaces where folks can, you know, work. They even have a few of those spaces here in Portland. But what you may not know is that they’ve recently launched an accelerator program for startups called WeWork Labs. And we’re getting one of those here, too.
In the world of startup accelerators, there are two juggernauts: Y Combinator and Techstars. So I’m always happy to hear when a local company makes it into one of those programs. Especially when it’s the original Techstars in Boulder, which — at least in my mind — carries with it an additional prestige. And that’s where Bend startup LuDela will be spending a three-month stint.
Startups can always use more support. So it’s always nice to see new startup accelerators in Portland. And while I’ve written about the concept of The Initiative before, it’s now an actual thing with startups and stuff. Nine woman led cannabis companies, in fact.
Okay. There’s a lot more to dig into here… but just to get the news out. We’re going to have WeWork Labs in Portland. Great right? Even better? It’s going to be headed up by none other than startup ecosystem builder extraordinaire and the unofficial mayor of Portland Stephen Green.
Startups have to juggle a lot. A lot. So picking their battles — or applications as it were — is an important part of deciding how they’re going to spend their time. And in my opinion, if you’re a founder who identifies as a woman, person of color, or LGBTQ, you’d be smart to spend your time applying to the Backstage Capital Accelerator. Because there isn’t a more truly and earnestly inclusive investor and accelerator, local or otherwise.
Well, at least we’re consistent. We never managed to get Google Fiber. Even though we submitted an RFP, we weren’t even really in the running for Amazon HQ2. And now, we just missed being the fourth location for the Backstage Capital Accelerator.
I get it. You’re busy. You’re building your company. And you meant to get those startup accelerator applications done last weekend. But time just got away from you. Well, you better carve out some time this weekend, or you’re going to miss out altogether.
I’ve been working in, on, and around venture funded startups for the past two decades and then some. And yet, I’ve never quite seen anyone manage to take the traditional myopia of venture capital head on. And win. But then there’s Arlan Hamilton. Who’s doing just that.