Thriving Entrepreneurs Grant Program 2024

The Oregon Community Foundation (OCF) is pleased to announce the Thriving Entrepreneurs Grant Program, an open and responsive grantmaking opportunity designed to offer flexible funding to organizations. This program aligns with OCF's mission to advance equity, diversity, and inclusion by supporting Oregon's diverse regions and populations. The Foundation is committed to funding across all regions of Oregon, including remote, rural, suburban, and urban communities, and prioritizes investments that creatively address needs and position entrepreneurs to thrive. The Thriving Entrepreneurs Grant specifically targets entrepreneurs who are women, people of color, living in under-resourced rural communities, or working in under-resourced sectors such as consumer products. The program's impact goals include providing flexible funding and prioritized support to organizations serving these priority populations. OCF anticipates awarding $750,000 in 2024, with each grant lasting for one year (12 months), aiming to strengthen the entrepreneurial ecosystem for these underserved groups. Key priorities for the Thriving Entrepreneurs Grant include addressing clear and compelling business community needs, with goals relevant to Oregon's entrepreneurs, including small and micro businesses. Proposals that demonstrate cultural expertise of staff and board when serving specific populations, show meaningful leadership or influence from people with lived experience, reflect realistic goals and solid planning, and demonstrate strong potential to build organizational stability, effectiveness, or capacity are highly valued. Strong community support, a clear communication of OCF's impact, and a realistic plan for securing remaining funds are also critical considerations. The OCF's strategic priorities and theory of change are reflected in its guiding principles: valuing Oregon’s diverse regions and populations, advancing equity, diversity, and inclusion through funding, and prioritizing investments that demonstrate strong community support, solid planning, and wise stewardship. Expected outcomes include positioning entrepreneurs to thrive in Oregon and fostering positive, substantive change. The Foundation prioritizes organizations that primarily serve one or more of the identified priority populations, are reasonably positioned for long-term organizational viability, support OCF in advancing equity, diversity, and inclusion, and reflect a strengths-based orientation.