10 02 2014
  3:29 am  
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Tax Credit Fund Helps Firms in Lean Times

It's not unusual for small-business owners to find themselves in a financial pinch once in awhile. There's an unexpected emergency or a temporary downturn in sales. Or there's a need to expand, and the bank won't approve a loan for the entire amount needed.

To bridge that funding gap, small-businessoperators will be able to turn to the Portland Development Commission for loans through a new program soon to be offered to businesses in Portland's low-income neighborhoods.

Read more: Tax Credit Fund Helps Firms in Lean Times

Outreach Program a Boon for Startups

When Pat DiPrima first started to think about opening an Italian bakery and café, she asked everyone for advice. But among the best suggestions she received was to check out the Business Outreach Program at Portland State University.

"They helped me tremendously," said DiPrima, whose DiPrima Dolci Italian Bakery and Café is a neighborhood gathering spot at 1936 N. Killingsworth St. "They did everything from helping me gather data to apply for loans, to advising me on marketing and advertising plans and employee issues.

Read more: Outreach Program a Boon for Startups

Big Pipe Flowing with Minority Contracts

Breaking ground for the East Side Big Pipe project were, from left, Bill Mariucci, Kiewit-Bilfinger Berger Project Director; Portland City Commissioner Sam Adams; Paul Gribbon, Willamette River CSO Tunnel Program Manager; and Dean Marriott, Environmental Services Director

While the city begins to bore a 5.5-mile tunnel 120 feet under Portland's east side, minority contractors should be sharpening their pencils to compete for at least $26 million in construction contracts.

Read more: Big Pipe Flowing with Minority Contracts

Black-Owned Businesses Growing Fast

Ronald Langston

WASHINGTON—Black-owned businesses are among the fastest-growing segments of the American economy, according to a report by the Census Bureau.

The number of Black-owned businesses grew by 45 percent from 1997 to 2002, more than four times the national rate for all businesses, the report said.


Read more: Black-Owned Businesses Growing Fast

Grant Funds Targeted at Small Business

From time to time, everybody can use a helping hand. Whether you're looking for work and need some assistance polishing your resume, or whether you're a business owner trying to get past those critical first few years, a helping hand at the right time can make all the difference.

Fortunately for workers and business owners in certain parts of North and Northeast Portland, just such a helping hand exists.


Read more: Grant Funds Targeted at Small Business

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