The Sector — Issue 002
Lane County Investment Fund / Updates from Hack for a Cause / High Tech for High Schools.
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Local Investment Fund for Lane County Startups
Eugene-Springfield now has its own investment fund. C2 Fund, or The Coast to Crest Fund will begin investing in local startups from Lane County. The fund size is currently capped at $3 million. The C2 Fund will provide seed money for local businesses looking for venture capital. They will likely make $25,000 to $200,000 sized bets. Which is the “classic” input range for an angel looking to invest in startups with a $2.5 million — $4 million valuation. One issue local entrepreneurs face is their distance from traditional investment centers. This local resource should help stimulate growth in Lane County. Shane Johnson, Joe Maruschak and Stephen McKeon, makeup the Coast to Crest Fund team. They believe that the timing is right for this type of fund to exist. — The Register Guard
Join A Hackathon Fight Against Sex Trafficking
Hackathon participants built Emerald Citizen, a mobile application hoping to help fight sex trafficking. The app makes it easier for users to report suspicious activity with regards to sex trafficking to local police. Reporters can send in information like a text message. That data is then collected in a database that police can access. Technology Association of Oregon hosted the hackathon, Hack for a Cause back in April. During the event, people were asked to put their coding and software skills to the test. The goal was to enhance downtown livability and improve the local community. A request was brought by Lane County Against Trafficking to build a reporting app. After the application has been Beta tested, the aim is the roll out Emerald Citizen more. This is one of the first post in a new blog series by TOA called ‘Ripple Effect’. It will explore the impact of TOA members on the technology industry. We’ll keep our eyes posted for new content coming from them. — Technology Association of Oregon
This Tech Could Help the Performance Center With Engagement
A Team builds an interactive piece to help engage new audiences for the Hult Center, during hackathon. This is another article from the annual Hack for a Cause event here in Eugene, Oregon. This one outlines how a five-man team took on the challenge to grow and engage new audiences at Eugene’s performance center. The team won by presenting “The Fire in the Storm,” a visual exploration of universal themes driven by vocal performance and audience participation. They succeeded by using audio analysis, interactive art, and a wordless story. — Eugene Tech
High Tech Career Program for High Schools
A new tech career development program is offering real world experience to Lane County students and teachers. At least 11 teachers from Lane County high schools will spend time this summer at local area tech businesses. They’ll gaining real-world experience to take back to their schools. Local tech companies will also welcome 15 high-schoolers for a few hours as job shadows. About 100 other students will also be taken on a tour of three local tech firms. The goals is to give local teachers and students an inside view of the tech industry. This could spark more teaching of computer programming in Lane County high school. And it might encourage more high-schoolers to graduate and pursue tech careers. Those programs could help boost the county’s graduation rate. And chart a career path for students interested in technology. — The Register Guard
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