Oregon Built Environment and Sustainable Technologies Center's SBIR/STTR Support Center spells out ways that developing companies can procure the $2.5 billion or so available in small business innovation research and small business technology transfer grants. The idea is that Oregon companies that collect the grants can more quickly develop new businesses.

The IFA brings you their monthly news, including a tiered interest rate and subsidy program, south coast project updates, staffing updates and several grant award recipients.

Senate Bill 1563 deals with a program called the Entrepreneurial Development Loan Fund, which is run by Business Oregon, the state agency tasked with growing Oregon's private sector. It provides low-interest loans to small or start-up businesses around the state that traditional banks would likely not lend to.

The state economic development agency, Business Oregon, helped with the project in two ways: It directed $50,000 from the governor's strategic reserve fund for building improvements, and it's Infrastructure Finance Authority provided $30,000 through its Special Public Works Fund to extend fiber where the call center is located.

Jerry Willey, Mayor of Hillsboro, gives his take on the Strategic Investment Program (SIP) being considered in the city. The piece also educates readers on the details of the program and why it will be helpful for residents.

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This application for Business Oregon's Entrepreneurial Development Loan Fund is for small businesses that are enrolled in or have completed a certified counseling entity program, are owned by a disabled person, and have revenues of less than $500K.

Pasos al Éxito (Steps to Success) builds the financial literacy and economic development capacity of Latino micro-entrepreneurs in rural Oregon. This short brochure outlines information about the program offered by Rural Development Initiatives.

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