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Community Capital

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NEOEDD’s mission is to provide resources and facilitate quality decision making for the benefit of entrepreneurs, businesses and communities in Northeast Oregon.

The Northeast Oregon Economic Development District (NEOEDD) is a public organization established in 1985. Baker, Union and Wallowa counties formed the District by Intergovernmental Agreement as a way to enhance community and economic development services in the region.

Our staff members are dedicated to the communities they serve in northeast Oregon and have strong business networking, facilitation, financial, organizational and project development skills.

If you are starting or growing a business, ask us about our business finance and business training programs.

If you are working on a public infrastructure or a community project ask us about services for local governments and community groups.

If you are part of a non-profit organization ask how we can help your board and workers strategize, fund and operate in ways that best meet your mission.

Request for Qualified Loan Services Provider

NEOEDD is seeking a qualified firm or individual to provide business lending services in Baker, Union and Wallowa counties. Services include preparing business loan packages for loan committee review, preparing loan closing documentation, servicing loans, maintaining lien positions, collections, monitoring loan conditions, providing assistance to potential borrowers and helping conduct outreach and marketing of loan programs. NEOEDD will consider proposals based either on a contractual or employment arrangement.

To request an RFQ packet, contact lisadawson@neoedd.org, 541-426-3598 or www.neoedd.org. Responses must be received by September 8, 2015.

NEOEDD offers a free, six-week workshop series to help entrepreneurs and small-business owners build the basis for a successful enterprise. Register by Sept. 25 to reserve your seat in Baker City, La Grande, or Enterprise. But, don’t wait—class size is limited!

Lisa Dawson has taught the Foundations Business Training Program for nine years, and her students—existing and aspiring entrepreneurs in Baker, Union and Wallowa counties—continue to give her rave reviews. This hands-on class covers the basics of running a successful business: overhead and inventory costs, goal-setting and sales projections, marketing, taxes and licensing, and other considerations, and brings it all together in a business plan.

Best of all, thanks to a Community Development Block Grant through Baker County, the classes are offered free of charge!

Workshops take place:
Baker City:  Mondays, Sept. 28; Oct. 5, 12, 19; Nov. 2, 9; from 6 to 9 p.m. at Crossroads Carnegie Art Center, 2020 Auburn Ave.
La Grande:  Tuesdays, Oct. 13, 20; Nov. 3, 10, 24; Dec. 1; from 6 to 9 p.m. at EOU Small Business Development Center, 1607 Gekeler Lane, Room 147.
Enterprise:  Thursdays, Oct. 1, 15, 22, 29; Nov. 5, 12; from 6 to 9 p.m. at Fishtrap, 400 E Grant St.
To register, call NEOEDD by Sept. 25 at 541-426-3598 or 800-645-9454, or email kristyathens@neoedd.org.

The workshops last six weeks, with the following topics:
• Gaining Perspective: View business concept from a high altitude in order to define vision and get a good look at the main topics to be addressed.
• Laying the Foundation: Define line of business and analyze financial essentials, from overhead costs to break-even points.
• Getting into the Flow: Cover the financial bases of cash flow, sales forecasting, and financial documents.
• Mission & Markets: Revisit mission, discuss market research, and identify competitors in order to align with target markets.
• Get the Word Out: Discuss creative marketing strategies and give peer feedback on marketing materials.
• Goodbye & Good Luck: Present business plans, share final pitches, and plan for next steps.

Here’s what former class participants have to say about the Foundations class:
• “[I appreciated Lisa’s] low-key and helpful attitude, and her desire to help each of us regardless of our business choices.” –Participant in Halfway
• “I hadn’t looked at break-even point, overhead costs, and marketing costs before this class.” –Participant in Enterprise
• “[I valued] being able to get a grasp on my business intentions and the necessary work involved to be successful.” –Participant in Baker City
• “I felt included as an important part of training from Day 1. Lisa was able to get us to engage in her workshop activities, even though we were all shy at first.” –Participant in La Grande
• “It was a fun and safe environment that helped me learn a ton!” –Participant in Enterprise
• “Lisa made the lessons and process enjoyable and in sections small enough not to be overwhelming.” –Participant in Enterprise
• “Lisa is a great facilitator—very knowledgeable, patient, gets the class thinking/talking/
participating/engaged.” –Participant in Baker City
• “Not once did I go home confused about something.” –Participant in Enterprise

USDA Funding Contractor for Regional Agritourism Development

Five counties in Northeast Oregon will benefit from USDA funding awarded to help businesses and tourism partners develop and market culinary and agricultural tourism in the region. The project will hire an experienced and qualified consultant to coordinate activities and assist partners as part of a collaborative effort involving Northeast Oregon Economic Development District (NEOEDD), Eastern Oregon Visitors Association, Travel Oregon, and businesses and tourism groups from Union, Baker, Wallowa, Umatilla, and Morrow counties. 

NEOEDD applied for the USDA Rural Business Development Grant to hire the consultant and complete project activities including: 
• Inventory of agritourism products available or under development in the five-county area
• Engagement with agritourism working groups in two tourism sub-regions (Northeast Oregon and Oregon’s Rugged Country)
• Hosting of agritourism development workshops in each of the two sub-regions
• Development of marketing goals and action plans
The project activities are expected to be completed by November 30, 2016. 

“We are really excited to leverage new opportunities for our businesses. Each subregion has its own character and strengths, and we want to make sure that travelers can find and enjoy agricultural experiences and products as part of their visit to NE Oregon,” says Sara Miller, NEOEDD economic development specialist. “Anyone interested in starting or improving an agritourism business is welcome to get involved.”

Miller is currently accepting proposals from consultants interested in working on the project, with a budget of $44,000. For more information contact saramiller@neoedd.org or 541-426-3598. Consultant proposals are due September 4, 2015. The RFP quidelines are here.

September 2015 newsletter

Check out our September 2015 newsletter here! Back issues are available on the right-hand sidebar.