• Posted by: B W

New project promoting Oregon economic development

OREGON — A new pilot project has been initiated to improve business development coordination and align efforts to grow Oregon’s economy. The project is a partnership between the state of Oregon and four of the state’s largest private economic development organizations.

“To compete, Oregon needs a team approach to economic development that engages both the private and public sectors,” said Sean Robbins, director of Business Oregon, the state’s economic development agency. “This partnership extends our business development reach and leverages taxpayers’ dollars further. Oregonians will be better off because of it.”

Under the pilot project, the state and its regional partners will work as one team to create jobs by helping existing Oregon businesses expand and recruiting new companies to our state. The partners will share office space, meet in-person regularly and develop ongoing communications through shared software tools. The groups will also coordinate state and regional marketing messages, develop joint strategies on company recruitments and expansions, and work together on international trade, foreign direct investment and economic development policy.

Business Oregon will provide $100,000 ($25,000 per regional economic development organization) during the next two years to help offset expenses related to the increased cooperation. Combined, these private economic development organizations represent 11 Oregon counties, 127 cities and about two-thirds of the state’s population. The partners in the agreement, which covers the 2015-17 budget period, are:

Business Oregon, State of Oregon

Economic Development for Central Oregon, Bend and the Central Oregon region (Crook, Deschutes and Jefferson counties)

Greater Portland Inc., Portland and the metropolitan region (Clackamas, Columbia, Multnomah, Washington and Yamhill counties in Oregon and Clark and Skamania counties in Washington state)

Strategic Economic Development Corp., Salem and the Mid-Willamette Valley region (Marion, Polk and Yamhill counties)

Southern Oregon Regional Economic Development Inc, Medford and the Southern Oregon region (Jackson and Josephine counties)

Source: Business Oregon Press Release

Shared By