Greater Eastern Oregon Development Corporation (GEODC) Grant
The Greater Eastern Oregon Development Corporation (GEODC) has been awarded $370,000 from Business Oregon to support small businesses in its 7-county region.
Business Oregon approved $5 million statewide in the second round of grants through the Emergency Business Assistance Grant Fund to help businesses that have been impacted by COVID-19 but have not received federal CARES Act funding.
The program is for businesses with fewer than 25 employees and encourages providing access to sole proprietors and historically disadvantaged business owners.
Step 1: Business owner completes the application and demographic questionnaire.
**Found under "Covid-19" section under GEODC tab.**
Step 2: Businesses with 5 or more employees, will need to provide a copy of Form 132 which is sent to the Oregon Department of employment quarterly. The Q4 2019 or Q1 2020 forms are acceptable. This form denotes the number of FTE for the employer.
Step 3: Applicants must provide a Profit and Loss (income statement) for January or February 2020 and one from March or April of 2020 and gross revenues must have decreased 50%. If the business was ordered to close per Governor’s Executive Order 20-12, then they do not need to provide this information.
Step 4: Once the first three steps are completed, forward the information to Susan Christensen by one of the following ways:
Fax: (541) 276-60713.
Mail: PO Box 1041 Pendleton, OR 97801
Questions? Call (541) 612-7142
Once the grant is “approved”, GEODC will notify Business Oregon and they will verify the applicant has not already received funds from this program.
Step 5: The final step in the process is having the grant applicant sign the grant agreement (certification of acceptance) and complete a W—9, then GEODC will send a check.