GROW OUR OWN

Grow Our Own is Business Oregons statement of who we are, what we believe and how we intend
to deliver on our mission to strengthen the state of Oregons economy. Business Oregon will use
diverse strategies to Grow Our Own, investing in industries and businesses that already call Oregon
home working to retain and expand existing businesses, helping spur new startups, and strategically
attracting companies that strengthen existing industry clusters.

01 / BUSINESS RETENTION,
EXPANSION & RECRUITMENT

02 / INNOVATION &
ENTREPRENEURSHIP

03 / INFRASTRUCTURE
FINANCING

Build Future Job Growth from Todays

Industry Leaders

Harness Research and Technology to Start

Up the Companies of Tomorrow

Invest Capital into Communities with

Catalytic Growth Opportunities

No less than 70 percent of new jobs created in the average

The creation and adoption of new products is a key driver

Infrastructure development brings direct investment and

American community come from existing businesses

of prosperity. Quality job growth depends on a thriving

employment, and primes economic growth. Infrastructure

already in a region. Retaining, expanding and starting up

startup ecosystem where cutting-edge research is

jobs account for 11 percent of the nations workforce and

companies is the most effective way to create jobs.

commercialized, growing job-creating companies.

engages middle-income and middle-skill workers.

OUR PRIORITIES

OUR PRIORITIES

OUR PRIORITIES

We first support the retention and expansion of existing

There are great opportunities to link existing efforts

Business Oregons Infrastructure Finance Authority

Oregon traded-sector businesses and foster a dynamic

together into a more cohesive program, organizing and

(IFA) fills an important role in extending and upgrading

startup and entrepreneurial environment. We then

driving a focused innovation strategy on which the states

physical infrastructure to local communities and has great

selectively recruit new companies that fill supply chain

investments can rely. These investments should focus on

potential to catalyze job creation and enhance Oregons

gaps and/or represent consolidation opportunities.

ecosystem support, R&D, and entrepreneurial capital.

competitiveness for traded sector industry growth.

KEY STRATEGIES

KEY STRATEGIES

KEY STRATEGIES

Business Retention & Expansion

Ecosystem Support

Industrial Land Availability and Preparedness

Targeted Business Attraction

Transformative R&D

Catalyze Job Creation Projects

Global Marketing

Entrepreneurial Capital

Community Health and Infrastructure Capacity

METRIC //
NEW INCOME TAX REVENUE CREATED
FROM PROJECTS

METRIC //
AMOUNT OF PRIVATE FUNDING
LEVERAGED

METRIC //
AMOUNT INVESTED IN OREGON
COMMUNITIES

GROW OUR OWN

04 / GLOBAL TRADE

05 / ACCESS TO CAPITAL

06 / RESEARCH & POLICY

Connect Oregon Businesses to International

Markets to Drive Sales

Harness Research and Technology to Start

Up the Companies of Tomorrow

Drive Sophisticated Decision-making

Most of the worlds consumers live outside of the U.S.

The creation and adoption of new products is a key driver

The Research and Policy division operates as an agency

We must aggressively connect Oregon-based firms with

of prosperity. Quality job growth depends on a thriving

think-tank, offering research and strategies that drive the

overseas sales opportunities, open new markets, and

startup ecosystem where cutting-edge research is

agencys tactics, inform policymakers, and expand local

attract foreign direct investment.

commercialized, growing job-creating companies.

capacity throughout Oregons communities.

OUR PRIORITIES

OUR PRIORITIES

OUR PRIORITIES

Build on the successful export assistance program that has

There are great opportunities to link existing efforts

A research pipeline will be developed annually, and

resulted in $103 million new sales from 160 companies, to

together into a more cohesive program, organizing and

will include both strategic and tactical focused content,

expand its capacity. Also expand FDI program to leverage

driving a focused innovation strategy on which the states

categorized by the other 5 priorities listed in this

strong ties to Pacific Rim and elsewhere. Trade missions

investments can rely. These investments should focus on

document. And Business Oregon will take a forward-

prioritizing exports and FDI strategies will be planned on a

ecosystem support, R&D, and entrepreneurial capital.

leaning stance in shaping economic policy that impacts

four-year rolling schedule.

business growth.

KEY STRATEGIES

KEY STRATEGIES

KEY STRATEGIES

Small-Medium Sized Company Exports

Ecosystem Support

Actionable Research

Foreign Direct Investment Attraction

Transformative R&D

Economic Policy

International Trade Missions

Entrepreneurial Capital

Government Affairs

METRIC //
EXPORT SALES RESULTING FROM AGENCY
WORK

METRIC //
AMOUNT OF PRIVATE FUNDING
LEVERAGED

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