Government
Business Oregon has opened a Request for Grant Applications (RFGA) for the Economic Equity Investment Program—a new program created to promote durable economic advancement among historically marginalized communities. The Economic Equity Investment Program (EEIP) offers nearly $15 million in grant funding to culturally responsive organizations to provide outreach, support, and resources to eligible beneficiaries to…
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Business Oregon and the Oregon Innovation Council (Oregon InC) is awarding nearly $1 million in a new round of funding to support innovation in Oregon. Eleven recipients will receive awards from two grant programs, the High Impact Opportunity Projects (HIOP) and Small Business Innovation Research (SBIR) matching grants. “Business Oregon, through Oregon InC, is pleased…
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Business Oregon is supporting eight city projects statewide through the Community Development Block Grant (CDBG) program. The CDBG program supports the development of livable communities by expanding economic opportunities and providing suitable housing and living environments for persons of low and moderate income. These eight grants total $10,582,401 and assist rural communities with funding for…
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As she took office as governor Monday, Tina Kotek promised to wake up every day with a mission: to take on Oregon’s biggest challenges and make things better. “It’s a simple idea – making things better – but as we all know, a difficult thing to achieve,” she told members of the Oregon House and…
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By Joel Barker Opinion Disclaimer : The views and opinions expressed by the author do not state or reflect those of the Southern Oregon Business Journal and its management. Today, I am casting a vote I don’t want to, for the Democrat Tina Kotek for Oregon Governor. I am despondent what the outcome will be from this…
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By Oregon Department of Revenue The stimulus, officially called the Economic Impact Payments, are not taxed as income in Oregon. However, the payments may impact the federal tax calculations used on your Oregon income tax return. Background Oregon is one of six states that has a limited subtraction for federal taxes paid as part of…
Read MoreWhy is a kicker in the news? The Oregon Economic and Revenue Forecast released February 24, 2021 indicates Oregon’s actual revenue in 2019‒21 is expected to be better than projected, raising the possibility of an Oregon state surplus income tax credit known as the “kicker” to be claimed on the 2021 tax return that will…
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By Brad Cartier stessa.com Diana Olick of CNBC opened up the week with some interesting real estate data to put 2020 to a close. Although mortgage applications fell 5% last week, they are still 26% higher than they were at the same time last year. Refinance volume jumped 4% as well last week and is…
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Budget focuses on addressing key challenges facing Oregonians to build a stronger, fairer, and more resilient state By State of Oregon Newsroom on December 1, 2020 Governor Kate Brown released her recommended budget and policy agenda for the 2021-23 biennium, which focuses on the key challenges facing Oregonians: the public health and economic impacts of…
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By Nathaniel Brown, communications director nathanielbrown@oregonbusinessindustry.com Over the last 10 months, families, businesses, and nonprofits across our state have had to tighten their belts and prioritize spending as the economic fallout from the COVID pandemic and wildfires devastated household incomes and robbed businesses and nonprofits of critical operating revenues. We expect our state leaders to do…
Read MoreDecember 21, 2020 Diverse innovation projects across the state are moving forward with new grant funding from Business Oregon and the Oregon Innovation Council (Oregon InC). Oregon InC approved 21 projects through two separate innovation programs, the High Impact Opportunity Projects grant program and Small Business Innovation Research matching grants. Business Oregon’s matching grants fill…
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(released on November 18, 2020) While the economic recovery continues, the virus remains in control. Expectations were already that growth would slow noticeably over the colder, wetter months ahead. The latest surge in COVID cases all but ensures it. Businesses and consumers are likely to pull back out of fear of the virus, and more…
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