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|Articles - March 2010|
|Thursday, February 25, 2010|
Economic developers are beginning to focus on growing Oregon’s small businesses by targeting those with a potential for quick growth and sharing tactical information typically sourced only by big businesses.
The strategy is called “economic gardening.” It targets small, traded-sector companies with a high potential for growth and provides resources to increase business, efficiency and sales. “The idea is to bring more wealth into the region to create jobs,” says David Beam, Newberg’s economic developer.
The Portland-Vancouver Regional Partners Council for Economic Development partnered with the Oregon Micro Enterprise Network and other Portland Metro area economic development agencies and developers to launch a pilot project in November. But Beam says it began in earnest last month, and already has attracted between five and 10 businesses in Multnomah, Washington, Clackamas and Clark counties.
Beam says the motivation to start an economic gardening program came from the feeling among economic developers that there has been too much focus on attracting new, out-of-state businesses and not enough on supporting local businesses.
“It’s much easier to grow what we have than to get other businesses,” Beam says.
Economic gardening works by providing businesses with “key tactical information” that typically only big businesses have access to, says Rob Pochert, Beaverton’s economic development manager. The Regional Partners Council received $20,000 from the U.S. Economic Administration to purchase subscriptions to data resource tools that provide market analysis.
Beaverton has had an economic gardening program since 2007, and so far 100 companies have used the program. Pochert says 25% of those reported increased business, and 5% made capital investments.
The Portland pilot project is not a full-fledged economic gardening program. The regional council will measure success in six months by determining whether participating businesses have seen an increase in sales, profit or jobs.
Funding for a statewide program was under consideration by the Legislature during February’s special session.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD
Janice Levenhagen-Seeley reprograms tech.
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Wednesday, August 27, 2014
BY KLINT FINLEY
Treehouse CEO Ryan Carson builds a 21st-century trade school.
Wednesday, August 27, 2014
BY LINDA BAKER
Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together.
Wednesday, August 20, 2014
By 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.
Thursday, July 31, 2014
BY 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.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
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Sussman Shank is proud to announce that eight attorneys have been selected by their peers for inclusion in the 2015 edition of Best Lawyers in America, the oldest and most respected peer-review publication in the legal profession.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.