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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, May 28, 2015
BY LINDA BAKER | EDITOR
Reinventing capitalism. Office dumpster divers. Handprints versus carbon footprints.
Thursday, June 18, 2015
While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
Friday, June 05, 2015
As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
Tuesday, May 26, 2015
BY LINDA BAKER
Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.
Friday, May 22, 2015
BY AMY MILSHTEIN
Astrid Scholz scales up sustainability.
Wednesday, May 20, 2015
BY KIM MOORE | RESEARCH EDITOR
An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes.
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