The Portland Development Corporation (PDC), staffed by the Economic Development Department, provides a continuum of financial assistance to business and industry throughout the city and works to institute economic development programs in Portland to ensure compliance with the city’s goals, objectives, and requirements.
Formed by the City in 1991, the PDC reviews and approves all requests for commercial loans and grants from the City's business assistance program and has provided more than 195 Portland businesses with over $12 million in financial assistance.
For further information on the PDC loan programs, to download a loan application, or to learn about the comprehensive business assistance and advocacy programs offered to help streamline doing business in the city, please visit the Economic Development Department.
In order to qualify as a board member some or all of the following experience is required: commercial financing, small business operations, commercial real estate, and marketing. Board members must have an interest in or be active in economic development. Portland residency or Portland-based business ownership is required for 6 of the 9 Directors appointed by the City Council.