COVID-19 Grants and Loans

Business Oregon Enhanced Innovation Grant

Grant Overview
Funds will be awarded to early-stage Oregon companies that:

  • are advancing innovation-based solutions related to the resolution or the management of the impact of the COVID-19 pandemic, or
  • have received previous Oregon InC funding and have made progress toward commercialization since that funding.
Resident Aid Fund of Tigard (RAFT)

We have created the Resident Aid Fund of Tigard (RAFT) to support Tigard residents affected by the COVID-19 pandemic. This fund will provide at least four grants of up to $25,000 each to Tigard-serving non profits, faith organizations, or other agencies to provide immediate and necessary relief to impacted communities in Tigard. Grantees must be prepared to expend funds in a timely and efficient manner prior to June 30, 2020.

Three types of organizations are eligible:

  • Non-profits
  • Faith-based organizations
  • Government agencies or service districts

Organizations must have a demonstrated history of activity in the program priority areas they are proposing to address. Exceptions may be made for organizations proposing to pilot new services, provided they can demonstrate a history of activity in at least three program priority areas.

America’s Recovery Fund Coalition

America’s Recovery Fund Coalition represents 45% of the United States workforce. With more than 100 members across retail, restaurants, theaters, gyms, salons, real estate, the travel industry, and financial services, we represent a combined 58 million American workers. We are asking Congress for support to help our businesses, workers, and communities recover.

Washington County small business assistance program

The Small Businesses Assistance Program will provide two types of assistance — grants and loans. $300,000 in grant money will be available through Micro Enterprise Services of Oregon. Two loans, one of up to $10,000 from MESO and one from Craft3 for $10,000 to $25,000, will also be available.

The criteria for both loans and grants are the same. Qualifying businesses are those that:

  • Are negatively affected by the current COVID-19 outbreak;
  • Are physically located in Washington County and serve county residents;
  • If the business is part of a chain, business is an individually owned franchise;
  • Had no more than 25 employees at any time between Jan. 1 and March 23, 2020;
  • Have not received funds from similar programs established within the county (e.g. cities, Washington County Visitors Association); and
  • Have been in operation for at least one year.
US Chamber small business emergency loans

The Coronavirus Aid, Relief, and Economic Security (CARES)
Act allocated $350 billion to help small businesses keep
workers employed amid the pandemic and economic
downturn. Known as the Paycheck Protection Program,
the initiative provides 100% federally guaranteed loans to
small businesses who maintain their payroll during
this emergency.

You are eligible if you are:

  • A small business with fewer than 500 employees
  • A small business that otherwise meets the SBA’s size standard
  • A 501(c)(3) with fewer than 500 employees
  • An individual who operates as a sole proprietor
  • An individual who operates as an independent contractor
  • An individual who is self-employed who regularly carries on any
  • trade or business
  • A Tribal business concern that meets the SBA size standard
  • A 501(c)(19) Veterans Organization that meets the SBA size standard

**SBA will accept applications again starting 4/27

Save Small Business Fund

The Save Small Business Fund is a grantmaking initiative offering short-term relief for small employers in the United States and its territories.

TO QUALIFY YOU MUST

  • Employ between 3 and 20 people
  • Be located in an economically vulnerable community (determined by zip code on W9)
  • Have been harmed financially by the COVID-19 pandemic
    Please note in a cursory check that we made of zip codes eligible, not all Oregon cities or zip codes will qualify for this opportunity. Some Hillsboro zip codes are eligible, the Tigard zip code of 97281 appears to be eligible, and coastal and some Portland zip codes are eligible. Check your zip code eligibility at https://www.savesmallbusiness.com/#eligibility
Oregon Community Recovery Fund

The Oregon Community Recovery Grant program will provide funds to nonprofit organizations in Oregon that are particularly affected by the outbreak of COVID-19.

Small Business Association Disaster Loans

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

ORLA Restaurant relief fund (application currently closed)

Through the Restaurant Employee Relief Fund, we will provide grants to restaurant industry employees who have been adversely impacted by COVID-19 financially, whether through a decrease in wages or loss of employment that results in a lack of resources to pay for essential expenses.

Who Should Apply To Receive Funds?

  • Worked on a part- or full-time basis in the restaurant industry for at least 90 days in the past year; and
  • Have had a primary source of income in the restaurant industry for the last year; and
  • Have experienced a decrease in needed wages or loss of job on or after March 10, 2020 the result in a lack of resources to pay for essential expenses; and
  • Live in the United States, an overseas U.S. military base, or any U.S. territory*; and
  • Are over the age of legal majority in their in their U.S. state or territory; and
  • Meet other requirements demonstrating financial need as determined by the NRAEF.
Tualatin Economic Stabilization Fund

The Tualatin Development Commission will commit $250,000 in non-tax increment funds to the Economic Stabilization Fund Program that provides grants in amounts up to $10,000 to qualifying businesses. This grant may be used for any operating expense deemed necessary to sustain the current workforce as feasible or maintain an operating physical presence. For frequently asked questions regarding this program, please click here.

A business must meet all of the following:

  • Businesses with 55 or less FTE (full-time equivalent employees.)
  • The business must have a physical store-front establishment in Tualatin. A storefront is the facade or entryway of a business located on the ground floor or street level of a commercial building
  • Businesses must have a current Tualatin business license.
  • The business must have experienced a loss of income due to COVID-19
  • No national chains. National chains are defined as franchises/for-profit corporations that are not headquartered in the State of Oregon or Washington County, Oregon; except in the case where the franchisee or brand has a Tualatin-based owner and the brand has no more than one location within the Tualatin city limits at completion this grant.
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