The State of Oregon offers a number of financing and incentive programs. For more information on any of the programs below, contact Mike Williams, City of Beaverton Economic Development Division Manager, at 503-526-2456, or visit the Business Oregon website.
Oregon Business Development Fund (OBDF)
The Oregon Business Development Fund (OBDF) is a revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Participants must create or retain jobs, and must typically be a traded-sector business in manufacturing, processing or distribution. The program gives preference to projects located in rural and distressed areas and to small businesses with fewer than 100 employees.
Beaverton is the perfect location for suburban or urban film and television shoot opportunities. Visit the Governor's Office of Film and Television website for more information on incentives.
Grow Oregon is targeted at companies that have created a measure of success and need strategic resources to get to the next level. Services within this program include business planning, financial analysis, debt and equity financing assistance, export assistance, and governing contract assistance.
Renewable Energy and Related Incentives
The State of Oregon offers a number of renewable energy programs and related incentives. A complete list of current policies and related programs and incentives can be found here.
Industrial Development Bonds and Oregon Express Bond Program
Oregon Industrial Development Bonds are tax-exempt bonds issued by the State of Oregon, designed to help Oregon manufacturers grow. They provide long-term financing for land, buildings and equipment. The bonds are available to manufacturers, processors, exempt facilities (e.g., docks or solid waste facilities) and nonprofits, and generally provide the greatest benefit to the borrower for bonds of $5 million or more.