In 2016-17, those discoveries encompassed the following:
- Our funds take long-standing projects to the finish line – like the completion of a much-needed playground in outer East Portland using $125,000 in Prosper Portland community livability grant funds
- Transformative change results from an intentional focus on making resources available to people who have been historically underserved – with 74 percent of Prosperity Investment Program funds going to people of color, businesses like the Cha Lua Deli can grow and thrive.
- Diversity of partnerships, synergy of vision and inclusive community engagement strengthens development outcomes – lessons we took from the Lents Town Center and Burnside Bridgehead projects.
- Business services are enhanced by direct engagement with partners and community members – throughout the year, Prosper Portland staff engaged with more than 8,000 Portlanders, and used that engagement to tailor agency programs like the Inclusive Business Resource Network.
- The future is big – for small businesses. More than 80 percent of businesses served by our traded sector team have fewer than 50 employees and drive a significant portion of employment growth in our region.
In keeping with our strategic plan, we continued to focus on work that serves businesses owned by people of color and women and that benefits low-income and underserved communities. The measures of that work include nearly 275,000 hours worked by apprentices, more than 300,000 hours worked by minorities and 100,000 hours by women on construction projects where our Workforce Equity Policy applied; and more than 1,100 low-income and/or minority recipients of our adult and youth workforce program services provided through partner organizations.
Thank you to the many community, business, and public partners who collaborated to make these results possible. We look forward to continuing our work with you to build an equitable economy for Portland.
Kimberly Branam, Executive Director