Craft3, Goldman Sachs to help rural businesses

| Print |  Email
Must Reads
Friday, February 22, 2013

Craft3 and Goldman Sachs plan to give out $5.5 million in small business loans in rural Oregon and Washington.

Goldman Sachs and the Goldman Sachs Foundation have pledged $5.5 million most of which will go directly into a small business loan fund operated by Craft3. The remaining $500,000 will be used to fund Craft3’s loan loss reserve and support operating costs associated with Craft3’s expansion into central and eastern Oregon and Washington.

Craft3, a nonprofit community development financial organization that used to be ShoreBank Enterprise, has offices in Washington (Seattle, Ilwaco and Port Angeles) and Oregon (Astoria, Portland and a new office in Bend). The organization has plans to expand to center and eastern Oregon and elsewhere in Washington by 2016.

Read more at Sustainable Business Oregon.

{biztweet}craft3{/biztweet}

 

More Articles

Bendafornia: What’s driving the Northern California migration?

Contributed Blogs
Wednesday, August 05, 2015
bendiforniathumbBY KEN MAES

A huge migration from Northern California has contributed to average 16% growth per year since 1990.


Read more...

Photo Log: Waterfront Blues Festival

The Latest
Thursday, July 09, 2015
bluesfestthumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger.  About 80,000 people attended despite temperatures in the upper 90s.


Read more...

Aim High

September 2015
Thursday, August 20, 2015
BY JOE CORTRIGHT

We get the education we deserve.


Read more...

Staffing Challenge

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

A conversation with Greg Lambert, president of Mid Oregon Personnel Services.


Read more...

Up on the Roof

September 2015
Wednesday, August 19, 2015
BY LINDA BAKER

In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction. 


Read more...

Car be gone

Linda Baker
Thursday, August 06, 2015
070615car2goblogthumbBY LINDA BAKER

Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.


Read more...

Big Trouble in China?

Guest Blog
Tuesday, August 18, 2015
0818-wellmanthumbBY JASON NORRIS | CFA

Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.


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