Portland manufacturing and industrial businesses can soon apply for an Industrial Modernization Grant
Portland manufacturing and industrial businesses can soon apply for an Industrial Modernization Grant
October 26, 2026
NEWS RELEASE
Contact: Shawn Uhlman, Prosper Portland; Eli Bonilla, Portland Bureau of Planning & Sustainability
Prosper Portland and the Bureau of Planning and Sustainability announce the launch of the Industrial Modernization Grant, which opens Sunday, November 1.
Prosper Portland and Portland’s Bureau of Planning and Sustainability and are pleased to announce that applications for the Industrial Modernization Grant will open Sunday, November 1. This program will provide funding to help manufacturing and industrial businesses, hospitals, and universities modernize their facilities and processes through carbon reduction and energy efficiency projects.
Portland’s industrial and manufacturing sectors are a key component of the city’s economy. Industry accounts for roughly 12% of Portland’s total emissions, and infrastructure upgrades can be capital intensive. By providing grant funding for carbon reduction and energy efficiency projects, the City hopes to increase industry competitiveness and productivity, build a future-ready industrial economy, and pave the way for cleaner air, healthier neighborhoods, and better jobs.
Funded by the Portland Clean Energy Community Benefits Fund (PCEF) and administered by Prosper Portland, this first-of-its-kind program brings together community members, local government, and businesses, providing an opportunity to reduce pollution and waste while improving quality of life for people who work or live close to industry. Grant awards will range between $25,000 and $300,000.
“This program is an important step in making our industrial and manufacturing sector more resilient and future ready,” said Cornell Wesley, executive director of Prosper Portland. “It not only helps to reduce emissions, but it strengthens a key sector providing quality jobs, helping employers to make the investments they need to stay and grow in Portland.”
Partners in this initiative include the City of Portland’s Bureau of Planning & Sustainability, Prosper Portland, Neighbors for Clean Air, Portland State University, Portland Partnership for Clean Industry, Portland Metro Chamber, Energy 350, Worksystems Inc., and the Columbia Corridor Association.
“Portland’s industries and manufacturers are looking ahead and asking how we can work together to modernize facilities that support our climate goals, quality jobs, and long-term neighborhood vitality,” said Deputy City Administrator for Community and Economic Development Donnie Oliveira. “By aligning the technical expertise of Prosper Portland, the Bureau of Planning & Sustainability, and our community partners with the funding and goals of the Portland Clean Energy Community Benefits Fund, we’re creating meaningful opportunities to do exactly that.”
Manufacturing and industrial businesses, hospitals, or universities located in the City of Portland or property owners who lease to eligible businesses are all eligible for the Industrial Modernization Grant. Eligible project costs must be associated with an industrial decarbonization project.
The first round of the Industrial Modernization Grant opens on Sunday, November 1 and will close on Thursday, December 31. Before submitting an application, all applicants must undergo a free Technical Analysis with the Energy Trust of Oregon. To get started on the required and free technical analysis, contact your Energy Trust account manager or fill out a form.
Prosper Portland will hold an informational workshop at Daimler Truck North America’s campus on Monday, November 9 from 8:30 – 10 am. Register to attend.
