FY 23 congressional community project city of portland

The City of Portland, Oregon was awarded a $352,000 Congressional Grant from the Small Business Administration on July 1, 2023 through December 31, 2025. Congressional Grants (CFDA 59.059) provide funding for small business development and entrepreneurship initiatives.

Under this award, the City of Portland will deliver small business development and entrepreneurship programs and activities to support the local community. As the prime recipient, Portland will implement programming and potentially construction activities to foster small business growth and new business creation. Relevant details indicate Congressional Grants support programmatic and construction activities, suggesting Portland may undertake small business incubator or co-working space development. The award's completion date of December 2025 aligns with the grant program's purpose of bolstering small business and entrepreneurship over a multi-year period.