Home Back Issues January 2009 Umatilla tribe considers incubator for startups

Umatilla tribe considers incubator for startups

| Print |  Email
Archives - January 2009
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

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


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