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

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

Raising the Stakes

February 2015
Monday, January 26, 2015
BY LINDA BAKER

The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.


Read more...

Tweeting Portland's State of the City address

News
Friday, January 30, 2015
Screen Shot 2015-01-30 at 3.08.19 PMBY JACOB PALMER | OB DIGITAL NEWS EDITOR

For those who were working, here are a few highlights of Charlie Hales' State of the City address.


Read more...

Editor's Letter: Tortoise and the Hare

February 2015
Monday, January 26, 2015

The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average. 


Read more...

MBA Perspective

February 2015
Tuesday, January 27, 2015
BY KIM MOORE

Robin Anderson, dean of the Pamplin School of Business, University of Portland: "You need people who are comfortable leading in ambiguity."


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


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