Business Economic Resources

Updated November 8, 2021

The State of Oregon announced $20 million in business assistance grants for Oregon counties that were placed into the “Extreme Risk” category in early May 2021. Multnomah County received approximately $5 million of those funds. These funds are intended to help small businesses impacted by public health restrictions, which were put in place to slow the rapid spread of COVID-19 cases. Despite many of the COVID-19 restrictions on business activity being lifted, there are still many small businesses in need of further assistance. 

These funds are being made available to eligible businesses through partner organizations. These organizations will have their own application processes and application windows. The organizations include:

  • Native American Youth and Family Center (NAYA) 
  • Oregon Native American Chamber (ONAC)
  • Micro Enterprises Services of Oregon (MESO) - MESO grants will be provided to existing MESO borrowers. If you are a MESO borrower, please contact your loan officer. 
  • Hispanic Metropolitan Chamber (HMCC) - Application open October 18th through November 5th, 2021.
  • Black American Chamber of Commerce (BACC) - Application open November 1st through November 14th
  • Hacienda CDC - Applications open October 21st through Monday, November 8th (11:59pm), 2021. 
  • Philippine American Chamber of Commerce of Oregon (PACCO) 
  • Asian Pacific American Network of Oregon (APANO) - Application open from Friday, October 15th at 9 AM and closes Friday, October 29th 5 PM 2021

Federal COVID Relief for Businesses and Nonprofits 

The CARES Act and American Rescue Plan Act provide funding for businesses and nonprofits through a variety of programs like the Restaurant Revitalization Fund.

Information about SBA COVID-19 business assistance programs can be found online at sba.gov.                                                  

Help for your employees

Reduced hours

Work Share Oregon can help your employees if you are cutting your hours or shutting your doors, but keeping employees on at reduced hours. The program  allows employers to leverage unemployment insurance (UI) to subsidize a portion of lost wages for employees whose work time is reduced. 

Culturally Specific Business Organization Resources

Other Resources