Venture Portland, an organization awarding grants to stimulate business, has earmarked $37,000 to fund close to two dozen spring/summer projects in Portland’s neighborhood business districts citywide. According to VP, the funding will result in an additional $179,591 in private investment, a 5-to-1 match.
Central Northeast Neighbors executive director Alison Stoll, who chairs Venture Portland’s Grants Committee and represents the Parkrose Business Association, said the quick effect of VP grants is incredible. “Venture Portland’s grants stimulate neighborhood economic development in real time, [with an] immediate positive impact on our local economy,” Stoll said.
Many funded projects focus on large-scale events that cater to Portlanders’ enjoyment of the outdoors during warm weather. Approved North/Northeast neighborhood business district grant-funded projects:
- 42nd Avenue – Seasonal Event Series
- Beaumont – New website
- Historic Mississippi – Meet the Street Campaign
- Hollywood – Neighborhood Walkabout (July 12)
- Kenton – Fifth Annual Street Fair (May 18)
- Northeast Broadway – Summer Super Sale (July 18-July 20)
- N/NE – MLK Dream Run (August 3)
- Overlook Village – Soccer Events (August 1-August 10)
VP’s grants committee, made up of VP board members and community stakeholders, evaluates competitive grant submissions. Additional grant funds will also assist neighborhood business districts optimize energy from visitors attending Major League Soccer’s August 6th All Star Game in Portland. According to Portland Commissioner Nick Fish, that game, “gives us a unique opportunity to show the world the best of Portland. The Venture Portland soccer grants are the perfect way to have the international spotlight shine on all of the city, including our neighborhood business districts.”