Inclusive Business Resource Network

Inclusive Business Resource Network 2017-10-13T16:06:32+00:00

Project Description

Inclusive Business Resource Network

Corinne Phillips, Pretty Petals

Corinne Phillips, Owner, Pretty Petals

Contact: Morgan Masterman, email or 503-823-6839;
Katherine Krajnak, email or 503-823-0013

The Inclusive Business Resource Network is a citywide program that leverages the power of a partnership network committed to increasing the success of underrepresented entrepreneurs. The program brings multiple services for small business into a single network to provide greater efficiencies and cross-functional innovation.

Prosper Portland and its partners manage a growing portfolio of programs designed for minority and women entrepreneurs. These programs support a wide range of businesses that are vital to the economy of our city, from tech startups to neighborhood retail. The Network seeks greater impact for those programs through better coordination and communication that will transform the resource landscape for underrepresented business owners.

Prosper Portland will invest $2.5 million among the network providers in FY 2017-18 and is committed to achieving the following outcomes by 2020:

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Businesses strong and stabilized
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Businesses achieving growth milestones
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Businesses scaling to double or triple their size
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Traded sector* startups assisted to launch into the market

 

The following programs and providers will be included in the network:

Building on its existing youth, leadership and adult education programming for the Asian Pacific Islander (API) community as well as its role as manager of the Jade District, APANO will focus on providing multicultural outreach and partner referral for API business owners in Portland. In a unique partnership with the PSU Business Outreach Program, APANO will provide culturally relevant assistance for business owners impacted by the Division Transit Project.

Through collaboration with the Food Innovation Center (FIC), Hacienda CDC will promote the accelerated growth of minority-owned food businesses in the City of Portland from startup to traded sector. This project will combine FIC’s in-depth knowledge of product and process development, bringing entrepreneurs to wider markets, and consumer sensory and food safety testing with Hacienda CDC’s strong incubation of low-income entrepreneurs of color in its robust and bilingual food incubator.

Since 2002, Hispanic Metropolitan Chamber (HMC) has provided continuous, long-term, business technical assistance to Latinos and communities of color in Oregon and SW Washington. HMC provides bilingual/bicultural outreach and long-term one-on-one advising and business development services throughout a client’s business life. They will be expanding their program through a partnership with Neighborhood House to support the ongoing development of Latina in-home child care providers.

Fulfilling its mission as Portland’s anchor for the immigrant and refugee community, IRCO delivers culturally specific and multilingual services to connect talented, aspiring business owners with the advice and support they need to transform their dreams into thriving businesses in our community.

MESO’s mission is to improve economic opportunities of underserved individuals through empowerment, education, and entrepreneurship for the benefit of families in the greater Portland community.  MESO provides financing, matched savings, market research and tailored one-on-one business advising within the network. MESO will be expanding its program through a partnership with Neighborhood House to support the ongoing development of in-home child care providers.

NAYA will provide one-on-one and classroom business education for Native American business owners in Portland. NAYA’s microenterprise program will also support Native vendors through its marketplace and powwow.  Eligible clients will be connected to financial literacy classes and business individual development accounts.

ONAC is developing a statewide infrastructure of support and connection to Native American business mentors known as the ONE Coalition and will partner with NAYA to deliver services to Native American business owners in Portland.

Building on collective lessons learned and mentor networks from nearly a decade of actively developing, managing, partnering, and innovating in a variety of co-working, incubator, and accelerator programs in the Portland area, PIE will manage an incubator for diverse founders.

The PSU BOP provides technical assistance and business consulting services to small business owners and entrepreneurs through professional one-on-one consulting to help businesses grow and thrive. PSU will also partner with APANO to offer technical assistance to businesses impacted by the Division Transit Project and will facilitate a peer learning program for growing small businesses owned by people of color. Since 1994, PSU BOP has focused on serving local small businesses, including minority and women-owned enterprises.

Through startup bootcamps for underrepresented entrepreneurs, TiE Oregon will introduce entrepreneurs to the startup network and provide education, connection to mentors and funding sources for concept stage founders of technology and consumer products companies.

XXcelerate was developed by women entrepreneurs for women entrepreneurs. We imagine a world where funding women is the norm, not the exception. Our goal is simple: more women-owned and women-of-color-owned businesses that are bankable, investable, or profitable and independent. We build equity in entrepreneurship through our year-long educational and peer support program, revolving loan fund, and conference and trade show support.

Welcome to MESO, the new N/NE Business Navigator

Microenterprise Services of Oregon (MESO) will serve as the N/NE Business Navigator to cultivate relationships with business owners or aspiring business owners of color, provide culturally specific support and provide connections to resources and opportunities for those businesses to thrive.  Many thanks to the members of the selection subcommittee of the N/NE CDI Oversight Committee who volunteered their time to review the proposals and selected MESO among several excellent candidates.  Nita Shah, executive director of MESO,said, “MESO will provide entrepreneurs in N/NE Portland with business services such as planning, credit and access to capital, market research, and resources and referrals for your small business.” For more information about MESO’s resources please contact Felicia Wells-Thomas, Business Navigator at 503-841-3351.

Prosper Portland also contributes to funds designed for minority and women entrepreneurs. Our loan and investment portfolio encompasses:

*A traded sector startup usually includes consumer products, technology companies and other business-to-business products, with a founder or a team of founders seeking to launch that product with a national or international market.