Oregon Small Business Stabilization Fund

Oregon Community Foundation

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Deadline: Rolling

Grant amount: Unspecified amount

Fields of work: Business Development

Applicant type: Nonprofit

Funding uses: Project / Program

Location of project: Oregon, Clark County, Washington

Location of residency: Oregon, Clark County, Washington

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About this funder:

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Overview:

Oregon Small Business Stabilization Grants

Oregon Small Business Stabilization Grants support nonprofit organizations in Oregon that provide loans or grants to small businesses particularly affected by the outbreak of COVID-19. Small businesses are not eligible to receive grants.

Please note that we will continually evaluate the needs of our communities. Due to the changing nature of this outbreak, the types of projects and available funding from this program may also shift over time.

Generous community partners are supporting this fund. They include: Bank of America, Columbia Bank, Comcast, JP Morgan Chase, Key Bank, Lemelson Foundation, NW Natural, Oregon Growth Board/Business Oregon, Portland General Electric (PGE), The Ford Family Foundation, Tillamook, Umpqua Bank, US Bank and Wells Fargo. Funding is provided in part by the Oregon State Lottery and administered by the Oregon Growth Board.

OCF does not yet have formal guidelines for what makes an application competitive. OCF’s grant priorities include marginalized groups such as small minority-owned, women-owned and rural businesses. Sharing the current needs of the small businesses your organization serves will help us identify additional priorities and work towards guidelines. The application is intended to gather information quickly in order to develop strategies. We’re figuring this out alongside our community and will adapt as we go.

Apply for an amount that suits your current situation, knowing available funds are not unlimited and the need is great.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Grants will be awarded to community lending organizations or other nonprofit intermediaries.
    • Examples include: Community Development Financial Institutions, Credit Unions, City or County Economic Development Districts, Tribal Economic Development Agencies.   
  • Intermediaries based in or doing work in Oregon are eligible to apply. In addition, we will currently review applications from organizations who serve Clark County, WA

Ineligibility:

  • OCF can’t make grants to small businesses.

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