Building Opportunities for Oregon Small Business Today (BOOST) Fund

The BOOST loan program is no longer available due to budget reductions, however the grant program still has some limited funding and is accepting applications through May 25, 2012.

BOOST Grants

The last day to submit applications will be May 25, 2012. Complete grant applications must be received not later than 5:00 p.m. on May 25, 2012, to be eligible for consideration.

The BOOST grant program will award and make grants as an incentive to Oregon businesses that create new, full-time jobs in Oregon.

To be eligible, applicants must:

  • be a business with 100 or fewer employees,
  • create and retain new full-time jobs for a period of at least 6 months,
  • be a traded-sector business in manufacturing, processing or distribution and
  • demonstrate that comparable wages are provided to their employees.

Up to $2,500 may be awarded to an applicant for each full-time job created and retained with an annual maximum of $50,000 per applicant in a calendar year. Applications will be processed on a first-come, first-serve basis.

Questions

Have questions? Contact Pam Brunell (email) or call 503–986–0172.