Oregon Business Development Fund (OBDF)
Open continuously
No deadline — apply whenever you are ready.
Direct state loans of up to $1 million (typically covering up to 40% of project cost) for land, buildings, equipment and permanent working capital, with job creation or retention requirements.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Up to 100 employees
- small enterprises
- Sectors: manufacturing, agri, any
- Stage: seed and growth
- Locally registered entity required
Business must be located in Oregon with 100 or fewer employees. Priority for manufacturing, processing and traded-sector businesses, and for rural and distressed areas. Borrower equity of at least 20-25% is normally required.
How to apply
- Contact a Business Oregon regional development officer
- Submit the loan application with financials and a job creation plan
- Underwriting and approval
Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)
Source. https://www.oregon.gov/biz/programs/OBDF/Pages/default.aspx · not human-checked
Verified on 14 August 2026
Source: www.oregon.gov
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