The Portland Development Commission is the economic development and urban renewal agency for the City of Portland. PDC offers a full range of direct and indirect assistance to businesses looking to expand or locate in the Portland area. This may include business loans or assistance in locating the right site for a business expansion or relocation. We also work to keep local businesses and jobs here. We provide small business loan programs and local incentives for locating businesses and jobs in target areas.
Portland Online is the official portal to city information and services. Information for residents and businesses can found on the site, in addition to special programs and services offered by the City of Portland.
Business Oregon 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. The Oregon Business Development Commission oversees the agency's activities to ensure a coherent, integrated approach to economic development and a continuous policy direction that can transcend changes in executive and legislative leadership.
The City of Portland is known nationally for its many attractive neighborhoods anchored by vital business hubs. But over the years, some key business corridors have lost their vitality. As part of its commitment to community revitalization, city government has developed strategies to rebuild business districts and enhance surrounding neighborhoods. The Portland Development Commission (PDC) administers the Storefront Improvement Program, a major piece of the city's revitalization efforts. The Storefront Improvement Program provides cash grants and technical assistance to business and property owners in eligible neighborhoods. Recipients can use the support for a variety of improvements, ranging from repainting to purchase of new windows and awnings.
Our mission—our passion—is to strengthen economic, ecological and family resilience in Pacific Northwest communities. Craft3 is a non-profit, lending money and providing expertise to great people doing great things, who don't normally have access to financing. Nothing gets us more excited than turning our resources into unusually large outcomes.
The Oregon Enterprise Zone program is a State of Oregon economic development program that allows for property tax exemptions for up to five years that works best for industrial-based firms planning to invest a substantial amount in property assets (construction and equipment) and create new or additional employment opportunities. In exchange for receiving property tax exemption, participating firms are required to meet the program requirements set by the state statute and the local sponsor. The Portland Development Commission is the local sponsor for the Portland Enterprise Zone program or, the Portland E-Zone.
Portland companies able to obtain some financing from private sources or lenders, but not enough to achieve their objectives, are potential candidates for PDC business assistance. Applicants must show that their business will create new or retain existing jobs paying competitive wages and benefits, with real opportunities for advancement.
Mercy Corps Northwest/MCNW is a nationally recognized microfinance organization that has been delivering small business loans since 2001. The MCNW loan program provides needed capital to qualified individuals who cannot obtain traditional bank loans in Washington and Oregon.
The State of Oregon has a number of financing resources for business starting, expanding or locating in the Portland region. Through Business Oregon, programs range from direct loans, loan guarantees, industrial development bonds and development assistance.