Business Foundations Free Classes

Business Foundations Workshops Free to Public, In Baker City, La Grande, and Enterprise

ENTERPRISE, Ore. – Northeast Oregon Economic Development District (NEOEDD) offers a free, six-week workshop series to help entrepreneurs and...

Diabetes Self-Management Program workshop

Upcoming Events

From the chamber…

Business After Hours

2015 Savings-Match Funds Running Out

2015 Savings-Match Funds Running Out; Don’t Wait to Apply People of low-to-moderate income who seek funds for a business...

From the Chamber

Public Notice: NEOEDD Board Meeting

Northeast Oregon Economic Development District (NEOEDD) is holding a board meeting on Thursday, Dec. 17, 2015, at 1:30 p.m....

Workshop Series Prepares Entrepreneurs

Workshop Series Prepares Entrepreneurs for Public Offering $2,500 fee waived for residents of Wallowa, Baker and Union counties  ...

National Family Caregiver Month

Business Foundations Free Classes

Filed under: Information — admin @ Wednesday, February 3, 2016

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  February 3, 2016

Business Foundations Workshops Free to Public, In Baker City, La Grande, and Enterprise

Filed under: Information — admin @ Friday, January 29, 2016

noeddENTERPRISE, Ore. – Northeast Oregon Economic Development District (NEOEDD) offers a free, six-week workshop series to help entrepreneurs and small-business owners build the basis for a successful enterprise. Register by Feb. 19 to reserve your seat in Baker City, La Grande, or Enterprise. But, don’t wait—class size is limited!

Lisa Dawson has taught the Business Foundations program for ten years, and her students—existing and aspiring entrepreneurs in Baker, Union and Wallowa counties—continue to give her rave reviews. This hands-on class covers the basics of running a successful business: overhead and inventory costs, goal-setting and sales projections, marketing, taxes and licensing, and other considerations, and brings it all together in a business plan.

Best of all, thanks to a Community Development Block Grant through Wallowa County, the classes are offered free of charge!

Workshops take place:

  • Enterprise:  Mondays, Feb. 29, Mar. 7-28, Apr. 11; from 6 to 9 p.m. at Fishtrap, 400 E Grant St.
  • Baker City:  Wednesdays, Mar. 2-30, Apr. 13; from 6 to 9 p.m. at Baker County Chamber of Commerce, 490 Campbell St.
  • La Grande:  Thursdays, Mar. 3, 17, 24, 31, Apr. 14, 21; from 6 to 9 p.m. at EOU Small Business Development Center, 1607 Gekeler Lane, Room 147.

To register, call NEOEDD by Friday, Feb. 19 at 541-426-3598 or 800-645-9454, or email kristyathens@neoedd.org. Preference is made to people with low-to-moderate incomes; income verification will be required.

The workshops last six weeks, with the following topics:

  • Gaining Perspective: View business concept from a high altitude in order to define vision and get a good look at the main topics to be addressed.
  • Laying the Foundation: Define line of business and analyze financial essentials, from overhead costs to break-even points.
  • Getting into the Flow: Cover the financial bases of cash flow, sales forecasting, and financial documents.
  • Mission & Markets: Revisit mission, discuss market research, and identify competitors in order to align with target markets.
  • Get the Word Out: Discuss creative marketing strategies and give peer feedback on marketing materials.
  • Goodbye & Good Luck: Present business plans, share final pitches, and plan for next steps.

Here’s what former class participants have to say about the Foundations class:

  • “[I appreciated Lisa’s] low-key and helpful attitude, and her desire to help each of us regardless of our business choices.” –Participant in Halfway
  • “I hadn’t looked at break-even point, overhead costs, and marketing costs before this class.” –Participant in Enterprise
  • “[I valued] being able to get a grasp on my business intentions and the necessary work involved to be successful.” –Participant in Baker City
  • “I felt included as an important part of training from Day 1. Lisa was able to get us to engage in her workshop activities, even though we were all shy at first.” –Participant in La Grande
  • “It was a fun and safe environment that helped me learn a ton!” –Participant in Enterprise
  • “Lisa made the lessons and process enjoyable and in sections small enough not to be overwhelming.” –Participant in Enterprise
  • “Lisa is a great facilitator—very knowledgeable, patient, gets the class thinking/talking/
    participating/engaged.” –Participant in Baker City
  • “Not once did I go home confused about something.” –Participant in Enterprise

The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about our programs and business support at www.neoedd.org.

  January 29, 2016

Diabetes Self-Management Program workshop

Filed under: Information — admin @ Monday, January 25, 2016

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  January 25, 2016

Upcoming Events

Filed under: Information,News — admin @ Saturday, January 23, 2016

From the chamber…

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  January 23, 2016

Business After Hours

Filed under: Information — admin @ Monday, January 4, 2016

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  January 4, 2016

2015 Savings-Match Funds Running Out

Filed under: Information — admin @ Monday, January 4, 2016

2015 Savings-Match Funds Running Out; Don’t Wait to Apply

People of low-to-moderate income who seek funds for a business enterprise or for education expenses are encouraged to investigate a program that Northeast Oregon Economic Development District (NEOEDD) administers called “Individual Development Account” (IDA). IDAs provide a 3-to-1 savings match. Someone who saves $1,000 and completes the program will receive an additional $3,000. Up to $12,000 total!

“The IDA program is not a grant, it’s an earned incentive coupled with goal-setting, education and practical experience saving over a period of 6 to 36 months,” says NEOEDD’s executive director, Lisa Dawson, “it’s essentially a financial-responsibility program. The matched funds can put a good dent into a NE Oregonian’s higher education bill, or pay for the equipment, signage, computer, or other investments needed to launch or improve a business.”

NEOEDD has helped more than 100 northeast Oregonians plan for their futures by saving with an IDA, and leveraged a half-million extra dollars that have circulated into our region. Another $210k is pledged to NE Oregon savers who are currently participating in the program. Once accepted, program participants receive free business-planning and money-management classes, helping them build fiscal responsibility and saving habits that can last a lifetime. NEOEDD’s 2015 allocation must be committed by the end of January 2016.

The 2015 income limits for eligibility are as follows; people must be under the limit listed to qualify. There are also limits to net worth.

 

Persons in Family or Household

Yearly Income for Oregon IDA Eligibility

 

1

$35,050

 

2

$40,050

 

3

$45,050

 

4

$50,100

 

5

$56,820

 

6

$65,140

 

7

$73,460

 

8

$81,780

Anyone who is interested in learning more about this program (including its income limits) can visit NEOEDD’s website (http://neoedd.org/content/individual-development-accounts), or call the office at 541-426-3598.

The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about our programs and business support at www.neoedd.org.

 

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From the Chamber

Filed under: Information,News — admin @ Thursday, December 24, 2015

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  December 24, 2015

Public Notice: NEOEDD Board Meeting

Filed under: Information — admin @ Monday, November 30, 2015

Northeast Oregon Economic Development District (NEOEDD) is holding a board meeting on Thursday, Dec. 17, 2015, at 1:30 p.m. at the OSU Extension Office, 10507 N McAlister Rd. #9, La Grande. All NEOEDD board meetings are open to the public. Please contact the office for a meeting agenda.

 

The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about our programs and business support at www.neoedd.org.

 

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  November 30, 2015

Workshop Series Prepares Entrepreneurs

Filed under: Information,News — admin @ Monday, November 23, 2015

Workshop Series Prepares Entrepreneurs for Public Offering

$2,500 fee waived for residents of Wallowa, Baker and Union counties

 

ENTERPRISE, Ore. (Nov. 23, 2015) – Oregon has a new law that allows regular folks to invest in Oregon businesses, and encourages Oregon’s entrepreneurs to raise capital from their neighbors. The Northeast Community Capital Collaborative (NEOC3) and Hatch Oregon are teaming up to help Northeast Oregonian entrepreneurs prepare their own capital campaign with an extensive workshop series that will take place in Baker City and Joseph.

The Community Public Offering (CPO) is a new law in Oregon that creates an exemption for Oregon small business owners to raise up to $250,000 in loan or equity agreements with Oregon residents, who do not need to be accredited investors. The CPO exemption has a maximum per-person, per-deal investment of $2,500. Check out existing Oregon CPOs at https://secure.hatchoregon.com/.

If this sounds like an interesting capital-raising strategy, sign up for Hatch Oregon’s free Intro to the CPO webinar for entrepreneurs on Dec. 9 (12 p.m.). Topics covered:

  • Whether a CPO is right for you and your business
  • Costs of raising capital this way
  • Time commitments required for a successful raise
  • Technical requirements of the rules (disclosure documents, business plan review, legal compliance)
  • What the Hatch platform offers
  • What the Investor Ready accelerator offers

Because Hatch has USDA funding to support CPO training in Northeast Oregon, they have waived the fee for residents of Baker, Union, and Wallowa counties. Registration via Hatch Oregon at http://www.eventbrite.com/e/intro-to-the-cpo-129-webinar-tickets-18871630555. Use the promo code NEOEDD to waive the $50 registration fee.

An entrepreneur or business owner who has a business plan may then apply to participate in the InvestOR Ready Accelerator, which will run from mid-January through February (Mondays in Baker City and Tuesdays in Joseph; dates TBD). The multiple-session workshop series will delve more deeply into the intricacies of the CPO; apply here http://hatchoregon.com/IRA-application. The $2,500 fee is also waived for residents of Baker, Union, and Wallowa counties.

NEOC3 is a community partnership that’s spreading the word about local investing, to educate people about their ability to take more control of their financial futures. The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about its programs and business support at www.neoedd.org.

 

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  November 23, 2015

National Family Caregiver Month

Filed under: Uncategorized — admin @ Wednesday, November 18, 2015

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  November 18, 2015

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