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What is SOREDI?. A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon Governed by 21-member board of directors Membership fee-based organization 5.5 FTE - member staff
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What is SOREDI? • A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon • Governed by 21-member board of directors • Membership fee-based organization • 5.5 FTE - member staff • Promoting regional economic growth since 1987
Financial AssistanceHelping fund start-ups and expansions. • SOREDI manages a $6.4 million revolving loan fund for private business • Nearly 195 loans totally $14.5 million made in 18 years • Leveraged over $30 million in private funds • Created or retained over 2,900 jobs • Over $1.5 million available to lend Duane and Belinda Marzi, Marzi Sinks ~ Grants Pass Reg Powell, SOREDI & Linda Donovan, Pallet Wine Industries ~ Medford
Some businesses need funding options other than loansFolium Partners Montrue Technologies