Strategic Overview

In April 2023, Portland City Council approved Advance Portland: A Call to Action for Inclusive Economic Growth. The goal of this five-year citywide plan is to embrace and manage inclusive growth. Its actions support competitive industries and the development of green products and services. At the same time, the plan seeks to address barriers to growth, inclusion, and innovation.

What Drives Us

The Advance Portland plan drives Prosper Portland’s work. The plan’s four key objectives ground all our programs, policies and initiatives:

Propel inclusive economic growth and innovation.

Portland’s priority industries are the source of quality jobs and growth potential.

Promote equitable wealth creation.

Provide partnership, capital and support to BIPOC-owned small businesses and entrepreneurs through non-race-based programs aimed at eliminating documented disparities in outcomes.

Foster a vibrant Central City and neighborhood commercial districts.

The aim is to have vital centers of employment, small business, entertainment, and cultural amenities.

Collaborating with partners for and Equitable City

Collaboration with community organizations and the private sector is central to our job creation, place-making and economic opportunity work. We share the gains from economic growth and development to ensure all communities benefit, including communities of color and those historically underserved.

Connect Portlanders to high-quality jobs in future-ready sectors.

Industry-based and -driven job training and better proximity to quality jobs are necessary.

Financial & Business Practices

We also look to our Financial Sustainability Plan (FSP), a framework for the agency’s financial and business practices. The FSP identifies a balanced investment approach to help us deliver on strategic priorities.

Programs

  • The Office of Small Business

    The Office of Small Business at Prosper Portland is the central point of entry for Portland small businesses.

  • Neighborhood Prosperity Network

    A citywide initiative to foster economic opportunity & vitality throughout Portland neighborhoods

  • Business District Assistance

    Designed to strengthen and support Portland’s diverse business district organizations

  • Office to Residential Conversion

    An initiative to convert vacant office space to residential uses