[OMS_MANAGERS] Update on Additional Business Funding through Business Oregon

Director, Executive exec at newbergdowntown.org
Thu Nov 19 16:39:03 PST 2020 

Could we take the mad scramble out of it? Have all small businesses apply
over the course of 2 weeks. A lottery can be held for all eligible
applicants. Those that don’t win are automatically enrolled for the next
round - just have to update their application. Can we do this?

On Thu, Nov 19, 2020 at 4:36 PM STUART Sheri * OPRD via OMS_MANAGERS <
oms_managers at omls.oregon.gov> wrote:

> I shared your frustration with the Regional Solutions Coordinator on the
> team I am on as something that could be taken into consideration as the
> funds to Counties are rolled out. I immediately heard back from Annette
> that the comments have been shared with Business Oregon leadership.
>
>
>
> *From:* OMS_MANAGERS <oms_managers-bounces at omls.oregon.gov> *On Behalf Of
> *Kevin Teater
> *Sent:* Thursday, November 19, 2020 3:44 PM
> *To:* Oregon Main Street program managers <oms_managers at omls.oregon.gov>
> *Subject:* Re: [OMS_MANAGERS] Update on Additional Business Funding
> through Business Oregon
>
>
>
> The link was not posted before 3pm, at least not that I noticed. The page
> has definitely updated since I saw it around 2:30pm.
>
>
>
> It's so frustrating to me because we have so many businesses who struggle
> with technology or who speak English as their non-primary language.
>
>
>
> I don't know how a grant like this can be released and have it be a
> first-come, first-serve basis without. That automatically excludes a huge
> portion of our community from even being eligible. The inequity is
> infuriating. It feels like a lack of foresight.
>
>
>
> Kevin Teater (he/him)
>
> Executive Director
>
> Beaverton Downtown Association
>
> www.downtownbeaverton.org
>
> PO Box 311
>
> Beaverton, OR 97005
>
> (503) 332-5419
> ------------------------------
>
> *From:* OMS_MANAGERS <oms_managers-bounces at omls.oregon.gov> on behalf of
> Todd Carpenter <toddecarpenter at gmail.com>
> *Sent:* Thursday, November 19, 2020 3:29 PM
> *To:* Oregon Main Street program managers <oms_managers at omls.oregon.gov>
> *Subject:* Re: [OMS_MANAGERS] Update on Additional Business Funding
> through Business Oregon
>
>
>
> yeah that was totally frustrating.  we didn't get in.  going to have to
> close if it gets extended longer than the two weeks
>
>
>
> On Thu, Nov 19, 2020 at 3:28 PM Emily Bradley <Emily at scdcinc.org> wrote:
>
> From Business Oregon South Coast RDO:
>
>
>
> *“The portal is already been closed. $25M in asks in 22 minutes.”*
>
>
>
> <https://www.google.com/maps/search/2110+Newmark+Ave.+%0D%0A+Coos+Bay,+OR+97420?entry=gmail&source=g>
>
> *--*
>
> *Emily Bradley*
>
> Economic Development Specialist | South Coast Development Council, Inc.
> <https://www.scdcinc.org/>
>
>
>
> 2110 Newmark Ave.
> <https://www.google.com/maps/search/2110+Newmark+Ave.+%0D%0A+Coos+Bay,+OR+97420?entry=gmail&source=g>
>
> Coos Bay, OR 97420
> <https://www.google.com/maps/search/2110+Newmark+Ave.+%0D%0A+Coos+Bay,+OR+97420?entry=gmail&source=g>
>
> 541-888-7003 | emily at scdcinc.org
>
> https://www.scdcinc.org/
>
>
>
>
>
> *From:* OMS_MANAGERS <oms_managers-bounces at omls.oregon.gov> *On Behalf Of
> *Todd Carpenter
> *Sent:* Thursday, November 19, 2020 3:26 PM
> *To:* STUART Sheri * OPRD <Sheri.Stuart at oregon.gov>; Oregon Main Street
> program managers <oms_managers at omls.oregon.gov>
> *Subject:* Re: [OMS_MANAGERS] Update on Additional Business Funding
> through Business Oregon
>
>
>
> wow...  it says it's closed already :(  22 minutes?  or did it even open?
>
>
>
> On Thu, Nov 19, 2020 at 8:13 AM STUART Sheri * OPRD via OMS_MANAGERS <
> oms_managers at omls.oregon.gov> wrote:
>
> FYI – update on the funding that opens today through Business Oregon
>
> *From:* LIEBE Annette * GOV
> *Sent:* Wednesday, November 18, 2020 4:57 PM
> *To:* LIEBE Annette * GOV <Annette.LIEBE at oregon.gov>
> *Subject:* Central Oregon Economic Development Committee: Additional
> Business Funding
>
>
>
> From Carolyn Meece, Regional Development Office for Business Oregon:
>
>
>
> As I hope you have heard, Business Oregon has been awarded $20 million
> more to assist Oregon small businesses, the announcement is below this
> email.  The application portal for small businesses will open tomorrow and
> I don’t think it will take long to get subscribed/oversubscribed.  Please
> be aware that this is my best information as of right now.  I am hoping you
> will help me get this information out to small businesses.
>
>
>
>    - The portal should be opening tomorrow (maybe late morning or early
>    afternoon).
>    - These funds are the $20 million from EBoard/CARES funds.  The $55
>    million is a separate pot and will be awarded to Counties.
>    - This will be on a first come/first served basis with a geographic
>    overlay and open until somewhat oversubscribed.
>    - We expect the portal to close quickly, *maybe* 24 hours?
>    - There are two parts to the process.  The application and the follow
>    up information.
>    - *The application will be relatively simple and needs to be complete**
>    as soon as possible once portal opens**.  Make sure all questions are
>    answered and boxes are checked.  Here are some suggestions of info to have
>    on hand w**hen completing** the application (please understand I
>    haven’t seen the application, so am taking best information of what will be
>    needed):*
>
>
>    - *Company name as registered with SOS, address, & phone number*
>       - *Information from form 132 to provide hours to get to FTE. FTEs
>       will be used, not specific employee numbers.*
>       - *PPP, EIDL & EIDLA awards amounts.*
>       - *BIN*
>       - *EIN*
>       - *NAICS*
>       - *Info on any business owner(s) that hold 20% or more in the
>       company. Name, address, phone # & SSN.*
>
>
>    - After eligibility of company and completeness of application are
>    determined, follow up documentation will be requested and include:
>
>
>    - Financial statements (P&L/Income Statements) for comparable periods
>       in 2019 and 2020 demonstrating a 25% decline in revenues/sales (between
>       March 1, 2020 and August 31, 2020) unless the business was required to
>       close under Executive Order (EO) 20-12 and EO 20-65 (revenue/sales
>       verification waived for these businesses).
>       - Loan documents for PPP & EIDL loans.
>       - Oregon Employment Department (OED) Form 132 to verify employment
>       (Q4 2019, Q1 2020, Q2 2020 *or* Q3 2020).
>       - This information will need to be returned no later than December
>       1, 2020.
>
>
>
> We expect and are targeting to have these funds fully deployed and out to
> small businesses by December 15 (payments to businesses will be batched
> daily as applications are completed and awards are finalized).
>
>
>
> Please let me know if you have any questions and I’ll see if I can get
> answers!
>
>
>
> Sincerely, Carolyn
>
>
>
> *Carolyn Meece, CEcD*
>
> Regional Development Officer
>
> *Business Oregon | **www.oregon4biz.com* <http://www.oregon4biz.com/>
>
> 503-704-1311 mobile
>
>
>
> [image: Business Oregon Facebook]
> <https://www.facebook.com/BusinessOregon>  [image: Business Oregon
> Twitter] <https://twitter.com/BusinessOregon/>  [image: Business Oregon
> LinkedIn] <https://www.linkedin.com/in/carolyn-meece-1170b6b/>
>
>
>
> [image: Sig_Mask]
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> As the economic impacts of the pandemic continue, the Oregon legislature
> and Governor Kate Brown have allocated millions more in grant funding for
> Business Oregon to deliver into the hands of small businesses across Oregon
>
> View this message
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct0_0/1/m?sid=TV2%3A1dyxHZ6rz>
> in a browser window.
>
>
>
> [image: Business Oregon logo]
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct1_0/1/l?sid=TV2%3A1dyxHZ6rz>
>
> FOR IMMEDIATE RELEASE
> November 18, 2020
>
> *More Grants to Help Oregon Small Businesses are on the Way*
>
> Salem, OR — As the economic impacts of the pandemic continue, the Oregon
> legislature and Governor Kate Brown have allocated millions more in grant
> funding for Business Oregon to deliver into the hands of small businesses
> across Oregon. On Monday, November 9th, the Emergency Board of the Oregon
> Legislature approved $20 million more to Business Oregon’s Emergency
> Business Assistance Grant Fund. This funding and program are separate from
> the $55 million in funds the Governor also announced this week.
>
> This grant fund has already put approximately $25 million out into the
> community through four rounds of funding. The first four rounds were
> allocated from Business Oregon to intermediary lenders such as cities,
> counties, Community Development Financial Institutions (CDFIs), and
> Economic Development Districts (EDDs), who in turn granted the money to
> individual businesses. With this new round, Business Oregon is able to fund
> businesses directly. The grants are available to small businesses that have
> seen lost revenue due to the pandemic, and that meet a minimal set of
> requirements.
>
> “This funding is timely, as we face the sharp increase in COVID-19 under
> this new wave of the pandemic,” said Business Oregon Director Chris
> Cummings. “These grants can help our small business owners today, but to
> get back to business in the long haul we’ve got to do what it takes now to
> stop the spread of this virus.”
>
> This round makes some changes to previous rounds of grant funding under
> the program, so that more businesses can access the funds. Businesses with
> up to 100 employees can apply, whereas previous funding was limited to
> those with up to 25 employees, to ensure smaller businesses could access
> the funds first.
>
> Most previous rounds also targeted businesses that did not already receive
> assistance through the CARES Act (such as PPP, EIDL, City of Portland Small
> Relief Program, the Oregon Cares Fund for Black Relief + Resiliency and
> other programs funded with CARES Act funds). This round will now consider
> applications from businesses with 1 to 25 employees that *have* already
> received anywhere from $100,000 to $1 million in funding from these federal
> resources. Businesses with 26 to 100 employees are eligible regardless of
> the amount of federal resources they received (up to $1,000,000), if they
> meet other program requirements.
>
> Businesses are eligible to receive up to $200,000 in grant funding as
> detailed in the grant application. To be eligible, a business must show it
> was prohibited from operations by the Governor’s Executive Order 20-12
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct2_0/1/l?sid=TV2%3A1dyxHZ6rz>,
> or demonstrate a 25% reduction in sales over a 30-day period in 2020
> compared to a comparable period in 2019.
>
> Tomorrow, Thursday November 19, the application form and additional
> details will be found on Business Oregon’s website
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct3_0/1/l?sid=TV2%3A1dyxHZ6rz>.
> If the application is not yet posted in the morning, a time estimate will
> be provided on the web page. Grants will be reviewed on a first-come
> first-served basis, and will be allocated so that there is an equitable
> geographic distribution of funds as dictated by the Oregon Legislature.
>
> The application portal will close once applications totaling $25 million
> in requested grants are received. Business Oregon will reopen the portal if
> any funds remain after reviewing those initial applications for eligibility.
>
> Additional resources and information on COVID-19 response can be found on
> the department’s website
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct1_1/1/l?sid=TV2%3A1dyxHZ6rz>,
> and the Governor's COVID-19 web page
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct4_0/1/l?sid=TV2%3A1dyxHZ6rz>
> has the latest guidance.
>
> *Business Oregon*, the state's economic development agency, invests in
> Oregon businesses, communities, and people to promote a globally
> competitive, diverse, and inclusive economy. The agency's services span
> rural community development and infrastructure financing; business
> retention, expansion and recruitment; export promotion and international
> trade; investments in industry research and development and
> entrepreneurship; small business assistance; and support for arts and
> cultural organizations. Learn more at www.oregon4biz.com
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct5_0/1/l?sid=TV2%3A1dyxHZ6rz>.
>
>
>
>
> *Media Contact*: Nathan Buehler <nathan.buehler at oregon.gov>  503-689-3559
>
>
> ------------------------------
>
> *Business Oregon,* the state's economic development agency, invests in
> Oregon businesses, communities, and people to promote a globally
> competitive, diverse, and inclusive economy. The agency's services span
> rural community development and infrastructure financing; business
> retention, expansion and recruitment; export promotion and international
> trade; investments in industry research and development and
> entrepreneurship; small business assistance; and support for arts and
> cultural organizations. Learn more at www.oregon4biz.com
> <https://development.oregon4biz.com/acton/ct/14786/s-044e-2011/Bct/q-000c/l-0007:9d/ct1_2/1/l?sid=TV2%3A1dyxHZ6rz>
>
>
>
> Copyright © 2020 Business Oregon
> Our address is 775 Summer St NE, Suite 200, Salem, OR 97301, USA
> <https://www.google.com/maps/search/775+Summer+St+NE,+Suite+200,+Salem,+OR+97301,+USA?entry=gmail&source=g>
>
> If you do not wish to receive future emails, update your preferences here
> <http://development.oregon4biz.com/acton/rif/14786/s-044e-2011/-/l-0007:9d/q-000c/zout?sid=TV2%3A1dyxHZ6rz>
> .
> (You can also send your request to *Customer Care* at the street address
> above.)
>
>
>
>
>
>
>
>
> --
>
> Thanks,
>
> Todd Carpenter
>
> PO Bo 2688
>
> The Dalles, OR 97058
>
> Cell:  503-705-2889
>
>
>
>
> --
>
> Thanks,
>
> Todd Carpenter
>
> PO Bo 2688
>
> The Dalles, OR 97058
>
> Cell:  503-705-2889
>
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