Aside from being the first publicly recognized Portland economic development strategy in 15 years, it’s the first time that Portland has formally recognized the open source, mobile, coworking, and startup community.
Why is this so momentous? Well, aside from being the first publicly recognized economic strategy for Portland in 15 years, it’s the first time that Portland has formally recognized the open source, mobile, coworking, and startup community. And that’s a big step forward. As Eva Schweber says, we should be proud. Read More
This Saturday the folks at the OTBC will be hosting another round of cofounder speed dating. Starting at 1:00 PM, the session is designed to help like minded startup types find one another in hopes of making their startup dreams a reality.
Are you looking for that special someone? Someone to help fill those lonely hours? Someone who complements your personality and skills? Someone who can help you get that startup from vision to reality?
So, there are you are. Sitting there banging away on some code. Or working out your strategy for how you’re going to move that side project along just a little bit more. Or just trying to tweak that one blog post a little more.
And everyone’s bitching about the economy. Or how this is a bad time to do anything “risky.” Or about the time you’re wasting. Or how you should be doing something else.
But you know this is the right thing to do. And you know what? You’re right. And you will get there.Read More
We all know that when the going gets tough, the tough get going. But what may not be as obvious is that when the going gets tough, the really super awesome tough realize that other folks need some help. And entrepreneurs reach out to help their would-be peers—especially here in the Silicon Forest.
That’s exactly what’s happening with Beaverton-based EasyStreet, one of the original Internet providers here in town. Today, they announced that they’re stepping up to help other startups during these less than satisfactory economic times with their “EasyStreet Stimulus Package for Entrepreneurs.”
Are you an innovator? Entrepreneur? Head of a skunkworks project inside an established enterprise? Let EasyStreet giving innovation a jump-start with free data center and Internet services for qualified Oregon startups through September 30, 2009.
What’s that? Free hosting and email accounts?
But wait. There’s more. Entrepreneurs can also qualify for a free Clear Wireless modem thingamajig if they sign a two year Wi-MAX aggreement.
Best of all? No binding contracts. Well, from EasyStreet, anyway.
“Tough times are great times for entrepreneurs, and entrepreneurs are great for the Oregon economy,” said EasyStreet President & CEO, Rich Bader in announcing the stimulus program. “As the economic downturn was being felt here earlier this year, we asked, ‘What can EasyStreet do to best help boost innovation here in Oregon?’”
How does an entrepreneur qualify? All you have to do is apply through one of the partnering organizations that are helping EasyStreet promote the stimulus package.
And they’re names we all know. Well mostly anyway. I mean, one organization just changed its name, so you might not know them. But you know them. If you know what I mean.
So maybe you’re a startup looking to save a little cash. Or maybe you’ve been forced to pursue your entrepreneurial dreams a little more quickly than you expected. Or maybe you simply just need that little push to get your project rolling. Whatever the case, EasyStreet is waiting to help.
Now, you have absolutely no excuse to avoid starting that project. You know the one. The timing is right. And as our old Portland friend Tom Peterson used to say “Free is a very good price.”
You know the one. The one that will convince the Treasurer for the State of Oregon that we have a ton of viable startups in the area—startups that deserve access to state managed funds.
While we’ve had a bunch of people take a moment to fill out the form—more than 60 at last count—we’d still like to see some more.
What’s more important is that I still don’t see your idea on there. Yes, you. Procrastinator. You know who you are. Don’t make me call you out.
Even if you don’t want, need, or like the idea of the money, it’s still important to make your voice heard. Why? So that the powers that be in Oregon understand what we’ve got going here. Because it’s something special. And it deserves their support.
Remember, geeky or not. Codified or not. Oregon-based or willing to become Oregon-based. Come one, come all.
I’m not putting any deadlines on this, but I’ll likely be pulling the form down within the next few days.
Don’t make me beg—or continue to whine. It’s not pretty. Fill out the form.
Don’t think you’re worthy? Not interested in getting funding? I’d still encourage you to take a few moments to respond. Really, what could it hurt?
The point is this: rising water floats all boats. And our state treasurer needs convincing that we have a viable entrepreneurial environment filled with viable startups just waiting to take form. What’s more, if these folks can pull off putting together a $100 million fund for Oregon startups, it’s going to help all of us.
SXSW is a big stage for the young company. With the event’s mix of music and technology, it’s sure to give Mugasha access to some noted movers and shakers who will no doubt appreciate the service and its capabilities.
Of course, this isn’t the first time Mugasha has stepped into the limelight. (Akshay Dodeja of Mugasha took the chance to speak with Robert Scoble, last year, and I got the chance to profile them on ReadWriteWeb.) But SXSW marks Mugasha’s first chance to demo their private beta to a large group of people outside the immediate Portland tech scene:
Microsoft BizSpark Accelerator is the newest addition to the SXSW Interactive schedule of activities. Scheduled Monday, March 16 at the Downtown Austin Hilton, the event spotlights some of the web’s most exciting new innovations, enabling the entrepreneurial visionaries behind these new products to demo their creations in front of a live audience of industry professionals and technology trend-setters.
It’s great to see Mugasha—and by association, Portland—getting this sort of recognition.
Even if you’re not going to SXSW, you should give Mugasha a spin—especially if you like electronica. What’s Mugasha do? Basically, it parses DJ set podcasts—usually one long multi-hour track with no song info—into separate song tracks, allowing user to play the songs they want to play and actually know which tunes they’re playing.
For more information or to get an invite to the private beta, visit Mugasha.
After spending the better part of the year researching the Portland startup community, Carolynn Duncan has come to the same conclusion as the many of us: Portland is one huge R&D shop. Which is great for innovation. But not always as good for revenue-generating business.
The pre-revenue, pre-funding entrepreneur community lacks a core understanding of the fundraising process, and perceives that there is a lack of seed capital.
Local investors and funds appear to be few & far between, while investors outside the area fly between Seattle and San Francisco, without paying serious attention to what’s happening in PDX.
Geeks prefer working on their own side projects independently, rather than joining a startup, or taking their technologies to a commercialized level.
In essence, the area as a whole interacts much like a national laboratory or research university, with results being that the entrepreneurial talent neglects to convert side projects into startups, and the geeks, while coalescing as a supportive & sociable community, tends to be underutilized/underemployed.
So how do we address that problem? Traditional venture capital models? No. How about something that better meshes with the existing startup culture? An incubator along the lines of Y Combinator.
The goal? Incubate 10 Portland startups capable of generating at least $1 million in revenue per year—by August 2010.
Ten by ’10. Get it?
But Carolynn doesn’t see this as a problem at which one can just throw capital. It requires something more educational. More focused on mentoring. Using the expertise she’s gained on the VC side of the desk and her co-advisors—Mark Grimes and Josh Friedman—have gained running (and in Mark’s case, selling) their own startups.
It’s an intensive bootcamp, but there isn’t any money going to the startups. With Portland Ten, the startups are paying:
[We’re looking for] an entrepreneur right on the cusp of starting a high-growth business. A teachable entrepreneur who will commit to the required activities, and the optional activities when possible.
An entrepreneur who will consider themselves the first investor in the project and raise the funds to pay the $500/month program tuition.