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MWVCOG Oregon Business Development Fund

Regional administration of Oregon Business Development Fund financing for Salem-area business projects.

About this program

The Oregon Business Development Fund provides direct loans for fixed assets, working capital, and business expansion needs. Mid-Willamette Valley regional partners help businesses in the Salem area access state-backed financing.

Eligibility

Eligible Oregon businesses in the Salem region with financing needs and the ability to meet state loan requirements.

Requirements

  • Apply through Business Oregon or regional development partners
  • Submit project budget, business financials, collateral, job impact, and use-of-funds information
  • Meet underwriting, repayment, eligible use, and reporting requirements