The Department of Commerce Economic Development Administration awarded a $520,800 Project Grant to Business Oregon on April 28, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support Business Oregon's COVID Recovery Plan to provide technical, planning, and infrastructure assistance to the Salem, Oregon area, which has experienced adverse economic impacts from the pandemic. As the state's lead economic development agency, Business Oregon will leverage the EDA funding to deliver services that foster economic resiliency, such as assisting local businesses and communities in developing strategies to diversify their economies and create new jobs. The grant's half million dollar award will aid Oregon's recovery by helping the region strengthen its economic base amid the ongoing challenges of COVID-19.
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