Business Oregon helps businesses thrive through access to capital and global trade, financing for municipal infrastructure projects, facilitating an entrepreneurial-friendly environment and supporting continued development of an equipped workforce.
How We Can Help
Business Oregon's approach to traditional business development is anything but traditional. We focus first on supporting the retention and expansion of existing Oregon businesses within traded sectors and foster a dynamic startup and entrepreneurial environment. We then work with companies outside the state to come to Oregon and fill supply chain gaps and grow existing industry clusters.
Our business development team focuses on proactive and substantive partnerships with the private sector, in partnership with local and regional economic development organizations. Our team can serve as the front door to a suite of services from general project management regarding an expansion to specific assistance with exporting goods. Across all facets, we are here to help business grow in Oregon.
Access to Capital
In addition to ideas, workers and strong management, innovation-driven companies, like all others, need money. We offer direct loan and loan guarantee programs to help business grow and scale, as well as working capital.
Oregon is a global competitor in everything from high tech to agriculture and natural resources. Approximately 95% of the world's consumers live outside of the U.S. We help Oregon companies reach those customers and bring new revenue into the state, as well as work to attract foreign direct investment. The Global Trade team pairs expertise win both foreign market and industry, along with small matching grants to get Oregon's small businesses into foreign markets.
Business Oregon's Infrastructure Finance Authority (IFA) is a key part of the agency's mission. The IFA provides financing to municipalities for extending and upgrading physical infrastructure, as well as catalyzing job creation opportunities when paired with business development projects. IFA funding focuses on these areas: industrial land availability; business development opportunities; community health and safety; and infrastructure capacity.
Sometimes the precursor to business development and trade is innovation that leads to new ideas, that lead to new products or applications, that lead to new businesses and new markets. Business Oregon works to facilitate an entrepreneurial-friendly environment and drives innovation across a variety of industries and business stages. We also house the Oregon InC and corresponding Oregon Innovation Plan to stand up signature research centers that provide shared lab space, high-tech extension services and more.
Talent and Workforce
Oregon has a strong workforce particularly in areas such as high tech manufacturing, software and other advanced manufacturing industries. We also partner with other agencies to support continued development of an equipped workforce.
Business Oregon, the state's lead economic development agency, works to create, retain, expand and attract businesses that provide sustainable, living-wage jobs for Oregonians through public-private partnerships, leveraged funding, and support of economic opportunities for Oregon companies and entrepreneurs.