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.
Oregon has a new law that allows regular folks to invest in Oregon businesses, and encourages Oregon’s entrepreneurs to raise capital from their neighbors. The Northeast Community Capital Collaborative (NEOC3) and Hatch Oregon are teaming up to help Northeast Oregonians spread the word with evening presentations in Baker City and Joseph.These events—open to the public—will be held from 6:30 to 8:30 p.m.:
Tuesday, Oct. 20
Barley Brown’s Taphouse
2200 Main St. in Baker City
Wednesday, Oct. 21
604 N Main St. in Joseph
Suggested donation scale $5 to $15; free for students
No registration required
Meet four Oregon entrepreneurs who are harnessing the power of local investing:
• John Childers: Baker City Saddle Co. “opened a full service saddle shop in Baker City. In addition to our custom leather work we will be displaying assorted used saddles on consignment.”
• Stuart Phillips: Red Wagon Creamery “takes ice cream to the next level. No shortcuts, no pre-made base mixes, no weird preservatives or chemicals, no frozen berries – just ice cream that we make from scratch to showcase local, Oregon dairy, and using local, seasonal fruit, berries, and produce.”
• John MacDougall: MacDougall & Sons Bat Company “invented, manufactures and sells the toughest and best performing real wood baseball bat in the world.”
• Kyle Akin: Crescendo Organic Spirits “makes traditional Italian liqueurs referred to as ‘cellos’ in a variety of flavors: traditional lemon along with our orange and unique lime flavors.”
Check out these and other Oregon CPOs at https://secure.hatchoregon.com/. In addition, Heather Stafford of Business Oregon and Ruth Miles, Small Business Advocate from Oregon's Secretary of State office, will speak in Baker City.
Is Your Business Ready?
Does a CPO sound like a good capital-raising strategy for you? Hatch Oregon offers a webinar to discuss the basics of a Community Public Offering for entrepreneurs on Oct. 5 and on Oct. 14 (a one-day event, not a series). Topics covered:
• Whether a CPO is right for you and your business
• Costs of raising capital this way
• Time commitments required for a successful raise
• Technical requirements of the rules (disclosure documents, business plan review, legal compliance)
• What the Hatch Oregon platform offers
• What the Investor Ready accelerator offers
Because HATCH has USDA funding to support CPO training in Northeast Oregon, they have waived the fee for residents of Baker, Union, and Wallowa counties. Register here for Oct. 5 and here for Oct. 14, and use promo code NEOEDD to make the webinar free!
NEOC3 is a community partnership that’s spreading the word about local investing, to educate people about their ability to take more control of their financial futures. The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about its programs and business support at www.neoedd.org.
- Grow Your Business
- Community Capital
- Strengthen Your Community
- Develop Your Non-Profit
- Community Endowment
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 firstname.lastname@example.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