Oregon Association of Minority Entrepreneurs

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2 Mission: To promote and develop entrepreneurship and economic development for ethnic minorities in Oregon and SW Washington, and thereby reducing racism and discrimination Goal G l : To support minority, it women and emerging small businesses to grow and develop, by then create jobs ownership and wealth.

3 OAME was funded in September 1987 by Samuel Brooks, current Chair of the Board. The Board of Director is represented by 7 members. OAME started with only 8 members, all of them small business owners and of different ethnic backgrounds, today, OAME has over 700 members.

4 OAME s Advisory Board has 29 members representing the Education, Public and Private entities. OAME works in partnership p with other small business service providers, chambers of commers and has several Memorandums of understanding with the objective to support MWESB.

5 OAME Advisory Board Public & Education Sectors Small Business Admin. Business Oregon PPS, PSU, PCC, OUS City of Portland Multnomah County Port of Portland Private / Corporate Sector Bank of the West Pacific Corp Hoffman Construction Providence Enterprise

6 Programs & Services Technical Assistance, one-on-one business support Marketing / business opportunities Access to Capital, micro-loans Business Incubation (40,000 s.f. facility) Networking Youth Entrepreneurship Program

7 Technical Assistance, one-on-one business support Business analysis If you are in business and not making a profit, you are going gout of business stay ready to be ready

8 Nt Networking Events Coffee and Issues Forums (last Friday of the month) Contractors, Architects, Engineers and Professional Technical Meeting ( 2 nd Friday of the month) 26 th.annual Conference and Trade show ( OCC- May 8, 2014) Statewide Small Business Summit (OAME Center - May 7, 2014)

9 Access to Capital / OAMECC Loan Funds: OAME Loan Fund & OAME/SBA Loan Fund Loans Size : $ 500 to $ 50,000 Timing : Approval 24 to 72 Hrs Docs.Required: Loan Application, Current fianancials statements, Cash flow & Biz Plan Type of loans: A/R Loan ( bridge loan) Term Loan 12 > 36 Months with collateral l ( OAMECC Loan Committee to review the application) Strong

10 OAME Credit Corp. Funding Micro Loans provided $ 1.7 M Current Loan Portfolio $ 467,597 Current ML Fund $ 885,000 Expected New Funding: $ 875,000 Total Future ML Fund : $ 1,760,000

11 What is a Business Incubator? An incubator program, it can be with walls or with-out walls; with the objective to support small businesses to grow and develop by providing a core of supportive business services.

12 OAME incubators operating plan: the formula that OAME uses to operate its incubator facilities is the plan, with the purpose to have a successful incubator program. The Incubator facility will help small businesses in reducing operating cost, plus these businesses will receive direct assistance that will make them able to grow and develop

13 OAME Incubator Facilities OAME s Incubators : I. Cascade Plaza ( N/NE Portland,..April 1996 Current Area No.Busnss Jobs 40, II. Rockwood Business Center (Gresham, OR)..July ( 10 MWESB)

14 OAME Center Portland & Gresham

15 Networking events : Coffee & Issues

16 Oregon Association of Minority Entrepreneurs International MOU with Mexico- Instituto Politecnico Nacional ( IPN) ( )

17 OAME s Annual Trade Show

18 OAME s Networking Meetings

19 Contact us: N. Vancouver Ave. Portland, OR 97217