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Portland Business Alliance, Small Business Development Center scholarship program boosts small businesses

Alliance now taking scholarship applications for small business owner development program


For more information, contact:
Megan Doern, 503.552.6754

August 28, 2012

Portland, Ore. – The Portland Business Alliance and Portland Community College’s Small Business Development Center (SBDC) announced the third year of its small business scholarship program as applications for the class of 2013 are now open.  The small business scholarship program provides an opportunity for 12 small businesses to take their business to the next level. As part of the partnership, the Alliance underwrites the majority of the cost for 12 small business owners to complete a one-year training course conducted by the SBDC. The partnership also includes a mentoring component and membership in the Alliance.   Bank of America also supports the program with a $5,000 donation.

“Entering our third year of the partnership, we are confident that the SBDC program will help the selected 12 companies grow and add jobs,” said Dennis Rawlinson, chair of the Portland Business Alliance board of directors and firm chair at Miller Nash LLP. “This scholarship program in turn helps fulfill the Alliance objective of supporting private-sector job creation.”

The course is designed for owners of small businesses in the traded sector that sell a portion of their products or services outside of the Portland region, have been in business for three to five years, have at least one employee and are looking to take their business to the next level.  Program participants will meet monthly.  Topics of the SBDC classes include:
  • Sourcing capital and financing;
  • Financial and marketing management; and
  • International markets.
Scholarship recipients from the first program year added a total of 10 full-time jobs and 22 part-time jobs. Additionally, seven out of 11 businesses experienced revenue growth and five out of 11 businesses report receiving new financing.  The Alliance is also tracking this year’s class to measure business and job growth.

To participate in the program, interested small business owners should fill out an application form on the Alliance website by September 30.  A selection committee will review applications and conduct interviews in November.  Participants will be selected in December and will begin the one-year program in January. 

If you are interested in learning more about the program, contact Jackie Babicky-Peterson at (503) 978-5093 or jackieb@jackiebpeterson.com.

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About the Portland Business Alliance
The Portland Business Alliance is Greater Portland’s Chamber of Commerce, with nearly 1,200 businesses in the region. The Portland Business Alliance’s mission is to promote and foster an environment in the Portland region that attracts, supports and retains private-sector jobs, spurs economic vitality and enables quality educational opportunities for the region's residents.

About the SBDC
Small Business Development Center (SBDC) at Portland Community College is one of 19 in the state of Oregon, offering growth and development opportunities for small business owners throughout the PCC district. http://www.pcc.edu/climb/small-business/