Umatilla tribe considers incubator for startups

| Print |  Email
Thursday, January 01, 2009
PENDLETON The Confederated Tribes of the Umatilla Indian Reservation wants to find a way to nurture startups in the Pendleton area.


In an effort to promote entrepreneurship and small business ownership, the tribe is considering building a business incubator that would house 10 to 20 organizations. The facility would not only give startup businesses affordable space to establish themselves, but would present entrepreneurs the opportunity to share costly support resources, network with fellow tenants, and participate in business training and consulting.

A business incubator would provide the space and services that fledgling businesses need to grow and prosper, says Kathleen Flanagan, director of the tribe’s business service center.

Small business development in Pendleton falls significantly below the national average, according to Art Hill, director of Blue Mountain Community College’s Small Business Development Center. An incubator would bolster job growth, sales revenue and asset appreciation communitywide, says Hill.

The tribe’s business service center, in cooperation with the BMCC Small Business Development Center and the Greater Eastern Oregon Development Corporation, partnered to create and distribute a questionnaire to gauge community interest in the project. When the feasibility study concludes this month, planning officials will have a better grasp of the level of support for the incubator and the needs of the business community.

Although preliminary survey results are unavailable, Hill notes that the discussion with community leaders, tribal leaders and business professionals has been decidedly positive.

The tribe’s next step will be to develop a building design and business plan. With those pieces intact, planning officials will consider both private and public funding to finance the incubators start-up costs, including grant and tribal funding.

“We want to strengthen and grow the private sector on the reservation,” says Flanagan. “What benefits the tribe benefits Pendleton.”                        

NICOLE STORMBERG



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

 

More Articles

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

The Carbon Calculus

February 2015
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.


Read more...

Justice for All

January-Powerbook 2015
Thursday, December 11, 2014
BY JESSICA RIDGWAY

Lawger upends the typical hourly based fee model by letting clients determine the cost.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Dan and Louis Oyster Bar opens up to a changing neighborhood

The Latest
Thursday, December 11, 2014
121114-oystervidBy MEGHAN NOLT

VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...

Political theater

News
Wednesday, January 07, 2015
0107-orbizplansum14-thumbBY LINDA BAKER | OB EDITOR

The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS