Directs the Oregon Business Development Department to develop and administer a program for awarding financial assistance for enhanced and new commercial activities that support the retention or expansion of eligible small businesses in Oregon.

Summary

Digest: The Act would have Business Oregon set up a program for loans and grants to fund enhanced and new small business projects. (Flesch Readability Score: 65.2). Directs the Oregon Business Development Department to develop and administer a program for awarding financial assistance for enhanced and new commercial activities that support the retention or expansion of eligible small businesses in Oregon. Takes effect on the 91st day following adjournment sine die.