On this page, you will find information about:
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The State of Oregon has directed $10 Million or the purpose of providing financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic that have not received federal emergency assistance under the federal CARES Act or other federal program for emergency pandemic funding.
To fill gaps not reached by other programs, these state funds are directed to adversely affected businesses with 25 or fewer employees, and only those that have been unable to receive federal CARES Act funding. Businesses may use the proceeds for any business-related operating expenses.
- The Business is headquartered in Oregon and has its principal operations in Oregon.
- If required by Oregon law to be registered with the Oregon Secretary of State to do business in Oregon, the Business is so registered.
- The Business has 25 or fewer employees.
- The Business was adversely affected in either one of the following two ways:
- For-profit and non-profit (limited to 501(c)(3) corporations) businesses that were prohibited from operation as directed by Executive Order 20-12.
- For-profit businesses that can demonstrate a one-month decline in sales greater than 50% in the month of March 2020 or April 2020 as compared against sales in the month of January 2020 or February 2020. Those non-profit businesses (limited to 501(c)(3) corporations) that can demonstrate a decline in revenue greater than 50% across the months of March 2020 and April 2020 as compared against the same period of time in 2019.
- The Business that has been unable to access federal CARES Act funds including:
- The Paycheck Protection Program (PPP);
- Small Business Administrations’ (SBA) Economic Injury Disaster Loan Emergency Advance program (EIDL); or
- Other federal programs to date for emergency pandemic funding.
Awards to eligible businesses will be made as a grant. The amount of the grant will vary between $2,500 to $25,000.
CLICK HERE to download the State of Oregon Covid-19 Emergency Business Grant Application.
ATNI-EDC has received $185,000 to distribute to Native-owned businesses that meet the criteria defined by Business Oregon. If you are not a Native-owned business but wish to apply for a grant, please click here to find a granting institution that serves your area.
Receipt of the ATNI-EDC Covid-19 Response Forgivable Loan does not preclude your eligibility for the Business Oregon Grant funds. Business Oregon will be vetting the applications to ensure that each business receives only one allocation of the grant funds.
Completed applications may be emailed it to email@example.com, or mailed to:
PO Box 66592
Portland, Oregon 97290-6592
For questions, please contact Crystal Sandoval at firstname.lastname@example.org, or (503) 206-6162.
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ATNI-EDC Emergency Loan Fund
ATNI-EDC is developing an Emergency Loan Fund that will be available to Native-owned businesses throughout the ATNI Region. Check back for more information!
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ATNI-EDC Covid-19 Response Forgivable Loan Program
In response to the Covid-19 crisis, ATNI-EDC is focusing its efforts on supporting Native-owned small businesses in the ATNI Region. ATNI-EDC received funds to seed the ATNI-EDC Covid-19 Response Emergency Forgivable Loan Program from the Oregon Small Business Stabilization Fund, managed by the Oregon Community Foundation. The Oregon Small Business Stabilization Fund was comprised of State and philanthropic resources.
The ATNI-EDC Forgivable Loan program was launched on April 20, 2020 and closed on June 1, 2020. The Application Review Committee, comprised of staff and leadership of ATNI-EDC, Oregon Native American Chamber, and NAYA met weekly throughout the application period to review applications.
By the close of the program, the review committee approved $93,000 to support 63 Native-owned, Oregon-based small businesses.
ATNI-EDC is seeking funds to grow the Forgivable Loan program to support small businesses throughout the ATNI Region.