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PDX Metro Self-Employment Technical Assistance Resources

PDX Metro Self-Employment Technical Assistance Resources. Noah Brockman - PCC-SBDC. Small Business & Economic Recovery. Small business = economic engine Definition 99.7% of all employer firms (SBA) 270K Oregon small biz (>50) PDX Metro (5 counties) 44.6K small biz (>50)

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PDX Metro Self-Employment Technical Assistance Resources

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  1. PDX Metro Self-Employment Technical Assistance Resources Noah Brockman - PCC-SBDC

  2. Small Business & Economic Recovery • Small business = economic engine • Definition • 99.7% of all employer firms (SBA) • 270K Oregon small biz (>50) • PDX Metro (5 counties) 44.6K small biz (>50) • 76% of 23.5K Mult Co small biz (>10) - 2010 • 66% of job creation 1977-2005 small biz • Q: What % of Portland Metro have less than (>50)?

  3. SBA 2010 Jobs Act • Signed by • Small biz Creation, Stability, Growth • Tax Breaks • $50M for SBDCs • Promotes small biz exports and int’l trade • Greater competitiveness for federal contracts • Greater access to capital • Higher SBA loan limits • Lower cost of capital

  4. Oregon SBA Office • Offers lending info sessions • Guarantees SBA backed loans • Funds SBDCs and SCORE • Online resources – Startup Guide

  5. Oregon Business Development Dept (OBDD) • Online: http://www.oregon4biz.com/ • Starting a Business in Oregon Guide (PDF) • Filing In Oregon – Biz Name Search, Biz Registration: http://filinginoregon.com/ • Oregon Business Wizard – Permit & Licensing search • Oregon Minority Owned Emerging Small Business Certification • OBDD Financing

  6. OREGON UNEMPLOYMENT • 10.5% (March 2011) • 3.8M population (2011) • 26wk X $300 = $7,800 • cost of unemployment

  7. Oregon Small Business Development Center Network (OSBDCN) • “Give a person a fish and you feed them for a day. Teach a person to fish and you feed them for a lifetime.” - Chinese Proverb

  8. 25 Years Serving OREGON Small Biz

  9. Oregon Small Business Development Center Network (OSBDCN) • Education + Biz Advising • 2010 OSBDCN created/retained ____k jobs = $31M saved • Oregon SBDC Clients have ____% better survival rate

  10. Business Development Pathway Model • www.BizCenter.org is the place to start

  11. PORTLAND

  12. PCC Small Business Development Center 2010 Economic Impacts • Jobs Created: 150 • Jobs Retained: 305 • Unemployment Savings: 26wks X $300 X 455 = $3.5M • ROI: $3.5M saved-$512K budget/512K =583% ROI or $5.83 for every $1 • Access to Capital: $2.4M • New Sales: $7.1M

  13. CLACKAMAS

  14. GRESHAM

  15. Service Corps of Retired Executives - DOWNTOWN

  16. DOWNTOWN

  17. DOWNTOWN

  18. DOWNTOWN - STATEWIDE

  19. Oregon Association of Minority Entrepreneurs - Northeast

  20. NORTHEAST

  21. Oregon Technology Business Center - BEAVERTON

  22. SW DOWNTOWN

  23. SW DOWNTOWN

  24. NORTHEAST

  25. SW - TIGARD

  26. DOWNTOWN

  27. DOWNTOWN

  28. Oregon Entrepreneur Network - DOWNTOWN

  29. SOURCES OF CAPITAL • Banks – Friends & Family - Kiva.org - LendingClub.com - Prosper.com

  30. WHAT LENDERS LOOK FOR • Capital • Collateral • Character • Credit • Cash-flow

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