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Greenlight Greater Portland: Software is in Top 3 Focus Industries in Portland
March 21, 2008
Greenlight CEO Tim Priest shared this really insightful report of Greater Portland's economy and which areas are most ripe to recruit for. Here is just a small sampling of the Recommendations from that report:
"Considering the data as a whole, Greenlight has selected these clusters for its first RECRUITMENT initiatives:
1 - ALTERNATIVE/RENEWABLE ENERGY combined with ENVIRONMENTAL SERVICES AND RECYCLING TECHNOLOGY
Rationale:
• Our region has a significant electronic services workforce that can easily transition into renewable energy.
• Significant venture capital is flowing into alternative/renewable energy.
• Our region has momentum in this cluster, with recent announcements from Solar World and other companies, and other regional economic development groups are embracing it.
• The Oregon Legislature recently increased incentives for renewable energy companies.
2- COMPUTER SOFTWARE and IT SERVICES
Rationale:
• The greater Portland region has significant human capital, 20% greater than the national average, in the cluster.
• Software is the number one cluster for venture capital.
• Of the region's specializations, the cluster provides the highest-paying jobs.
• The region has a strong software community and reputation for both open source and software that interfaces with hardware.
• Portland is strategically positioned to capitalize on the Bay Area and Seattle's software strengths.
3- DESIGN
Rationale:
• The region boasts big consumer brand names -- Nike, Columbia Sportswear, Adidas.
• The cluster is consistent with and feeds the region's green, sustainable brand image.
• We have a 40% higher concentration of talent in these fields than the national average."
Posted by ryan at March 21, 2008 3:32 PM
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