Overview
At the direction of Mayor Wheeler, Prosper Portland will provide grant funding to help stabilize and strengthen the following community-serving organizations.
The Minority Chambers of Commerce Support (aka capacity-building support for culturally specific business-serving organizations) works with the following organizations:
- Hispanic Metropolitan Chamber
- Black American Chamber of Commerce
- Oregon Native American Chamber
- Soul District Business Association
- Oregon Pride in Business
Who does this program serve?
Theprogram focuses on helping culturally specific business-serving organizations support their constituents.
Timeline
December 2021: Grants issued to organizations
December 2024: All funding must be obligated for assignment by 2024.
December 2026: All funds must be spent.
How do I apply for this program?
This program does not accept applications and specifically serves the Hispanic Metropolitan Chamber, Black American Chamber of Commerce, Oregon Native American Chamber, Soul District Business Association, and the Oregon Pride in Business.
How is this program funded?
The City of Portland has committed $700,000 to this program. This money comes from the U.S. government’s 2021 American Rescue Plan local recovery funds. Portland will receive a total of $208 million from the American Rescue Plan and has until Dec. 31, 2026, to spend it. The City of Portland is spending money in three priority categories:
- Houselessness Response and Household Stabilization
- Small Business and Commercial District Stabilization
- Community Health and Safety
Read more about these investments in this article: American Rescue Plan: Investing in Portland
Who manages this program?
Prosper Portland, the city’s economic development agency, operates this program. Prosper Portland’s mission is to create economic growth and opportunity for Portland.
Results
The City of Portland is committed to sharing how American Rescue Act funding supports Portland people, households, businesses, and community organizations. Check back for updates on the Minority Chambers of Commerce Support program (aka capacity-building support for culturally specific business-serving organizations).
For more information from Prosper Portland, go to: Prosper Portland’s Economic Recovery Investments Funded by the American Rescue Plan – Prosper Portland