Finance

The Local Small Business Repair Grants use existing tax increment funding (TIF) resources and funding allocated by City Council to provide near-term support for small businesses impacted by the pandemic.

City Council allocated $15 million in federal CARES Act relief to Prosper Portland to distribute to small business via the Small Business Relief Fund and block grants to community nonprofits.

The CLG program prioritizes projects that benefit communities of color or people with low incomes, and that promote widely shared prosperity.

The Thriving Small Business loan program, which has been structured to address access-to-capital issues faced by underrepresented populations, including businesses owned by women and people of color and businesses owned by those in low-income areas.

Prosper Portland works with Portland businesses to identify business needs and eligibility for either our assistance programs or those of our partners.

The Commercial Property Redevelopment Loan Program provides financial assistance for property development or rehabilitation that furthers economic development in commercial areas or on commercial corridors.

Enhabit offers home upgrades like seismic strengthening, energy efficiency, radon and solar panels

PropertyFit offers long-term financing for energy efficiency and renewable energy-related building improvements.

The Startup PDX Challenge (2013-2015) focused on supporting entrepreneurs with diverse founding teams and the ambition to scale to a national or international market.

The Inclusive Business Resource Network (IBRN) is a citywide program that brings multiple services for small business into a single network for entrepreneurs.