ECONOMIC DEVELOPMENT: 2020-2024 INITIATIVES The department prioritizes creating a business-friendly environment. Therefore, several new initiatives and approaches have been implemented.
FOSTERING A RESILIENT LOCAL ECONOMY
Business Attraction The department actively works to attract new businesses to Oregon City, fostering local job creation and strengthening the community’s economic landscape. We aim to expand local opportunities and build a thriving business environment by welcoming key employers, such as Advantis Credit Union, and supporting industry growth. Business Licensing Program Changes to the business licensing program, making it less expensive and more user- friendly, was a significant undertaking. Changes included waiving some fees for new businesses, introducing temporary business licenses, and reducing fees by 50% for existing businesses. DRIVING BUSINESS RETENTION, EXPANSION AND ATTRACTION Economic Development Website The department launched a new website that provides essential information on financial resources, business development tools, and job placement. Talent Ready Oregon City There can be many obstacles to eventually being employed, such as challenges with mental health, lack of childcare, lack of proper job skills, and drug/alcohol addiction, to name a few. Talent Ready was created by the Economic Development Department to bring together human resource and private employers to help Oregon City residents overcome barriers to employment and become ready for work. The Biz Pod This six-week curriculum-based program supports emerging entrepreneurs by providing training and technical assistance to program participants. Graduates of the program receive $3,000 in grant funding to jumpstart their businesses.
“We needed to find a new space that fit our needs for future growth and innovation,” said Keli Myers, Advantis’ SVP/Chief Credit Officer. “The 12-acre space in Oregon City allowed us to create an inspiring and modern campus that fosters creativity and collaboration.”
07
Made with FlippingBook - Share PDF online