Use of nominees in the EIN application process 6.
It fuels the creation of new technologies, companies, and industries. It attracts talent, creates high-wage jobs, and ultimately drives growth. States that prioritize sustained investment in innovation and excel accross a broad range of indicators are better positioned to compete long-term in the global economy.
Historically, Oregon has excelled in key indicators of innovation, such as patents and industry productivity. Oregon patents-per-capita significantly outpace the U. Corvallis and the Portland metro are global leaders in patents, driven primarily by invention activity within several large companies.
And Oregon consistently ranks top in the nation in terms of manufacturing output, a metric that signals the industry's commitment to adopting the latest advanced and efficient technologies.
Despite areas of strength, there is significant room for improvement. To compete, Oregon must prioritize investment in research and development, technology commercialization, new product development, and entrepreneurship in urban and rural communities and with full participation by underrepresented populations.
Investment priorities will determine whether we are positioning Oregon to lead on innovation, or if we will merely react to future outcomes. In order for small and middle-market firms to grow, they must have the resources to innovate, use technology to be productive, and have access to consumer markets across the U.
Individual firm success is often dependent on industry competitiveness. Industry clusters are a logical organizing principle to support traded-sector job growth in Oregon.
Business Oregon's role includes company retention, expansion and recruitment, global trade, business technical assistance, financial support, and targeted community infrastructure investments. Oregon is no exception. As our economy is increasingly driven by innovation, advanced technologies, and highly skilled labor, it is also becoming more metropolitan.
Significant headwinds exist that place rural communities at a disadvantage relative to urban areas. This includes a concentration of declining industries, out-migration of skilled workers, and a lack of access to growing economic markets.
Over the last decade, employment in rural Oregon communities declined 1. In general, poverty levels in Oregon are higher in rural Oregon than the state's rural areas.
Despite those headwinds, rural Oregon is home to some of Oregon's most important industries such as agriculture; tourism; food and beverage processing; manufacturing; and forestry and wood products. And rural Oregon is vital to the cultural and social fabric of the state.An Oregon Business Insurance Policy, commonly referred to as a BOP, is essential for Oregon business owners because a BOP combines business property insurance and business liability insurance into a single policy.
This insurance policy can help protect your Oregon business from claims resulting from fires, burglary, or other covered disasters. A business plan is a blueprint of every aspect of your business.
Sales, marketing, advertising, promotion and location are some aspects of creating a plan.
For a tutorial on creating a business plan, visit the U.S. Small Business Administration. Business Oregon communicated with hundreds of stakeholders Participants included state legislators and elected officials, local governments, tribal economic development leaders, heads of regional business development organizations, business CEOs, representatives of academic institutions, entrepreneurs, and Business Oregon staff.
The Oregon Business Xpress is the official One Stop online business portal for the state of Oregon. It's purpose is to be a hub for all the information provided by Oregon state entities related starting, maintaining, and doing business in Oregon.
Oregon Business Plan strives to create jobs, raise incomes, and reduce poverty in Oregon. Read our Industry Clusters page for more information.
Oregon Business Plan @OreBusinessPlan OBP is a plan to grow jobs and raise incomes across Oregon, developed by the private sector in partnership with key public officials.