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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (Dec. 9, 1987)
Page 8, Portland Observer, December 9 1987 Cascade Business Center Holds Grand Opening expires. Pacific also contributed over $200,000 in cash and in-kind services and secured the loan on the building. The doors to Cascade Business Center Corporation's second busi ness incubator opened November 25, 1987, ushering in opportunities for new jobs and business develop ment in north and northeast Port land. A commitment to economic de velopment was cited by Pacific as the reason for the company's in volvement. The facility, located at 4134 North Vancouver Avenue, is an expansion of the services-related incubator started at Portland Community Col lege in 1982 The new facility will support up to eight start up industrial and light-manufacturing companies. "W e believe our success as a company is linked to the fortunes of the people we serve," said Robert Moench, Pacific Power Executive Vice President. "W e are working hard to bring jobs and economic opportunity to the Portland area." The incubator is a joint effort by local public, private and educational groups that share an interest in eco nomic development. The Portland Development Com mission supported a $184,000 Inves tor Rehabilitation Loan for the build ing renovation and gave a $5,000 technical grant. "It offers reduced overhead as well as management and technical advice to selected companies, said Director Horace Sanders. "It's an effort to lower the risk often asso ciated with new business develop ment.” "The city has established a spe cial focus on the 17-block area sur rounding this new incubator facility in order to take maximum economic benefit of this substantial public and private investment in northeast Portland," said Mayor J.E. Bud Clark. Pacific Power & Light Company played a major role in the develop ment of the second incubator. It financed the business and market ing plan and donated the use of a 38,000-square-foot building to the project for five years for five dollars. CBCC will have the option to buy the property after the five-year lease A Tektronix, Inc. business unit has agreed to serve as anchor ten ant for five years and will rent 14,000 square feet of space at fair market price. This rent will provide a stable income to the incubator. Fact S heet W hat is a Business Incubator? A business incubator is a place where a fledgling company can re ceive economic, managerial and technical support. Each incubator is unique — financial backing and support varies with the needs of tenants and resources of support ers. The incubator concept was deve loped in the early 1980s as a way to overcome the dismal success rate of start-up companies in the United States. Project backing might come from educational institutions, busi nesses, public and community groups. Assistance could include low overhead, technical assistance, access to equipment/laboratories and business advise. W hat is the Cascade Business Center Corporation? The Cascade Business Center Corporation was formed in 1982 by the Portland Development Commis sion, Portland Private Industry Most business incubators are de pendent on continuing financial support for survival. The Cascade Business Industrial Center hopes to break the mold and be self-suppor ting within five years. The income from Tektronix will form the base for this unique concept that could become a prototype for incubators across the country. Portland Community College has supported the incubator from its in ception and will continue to provide the use of one of its buildings to house the service incubator. PCC also offers tenants technical/labor- atory assistance, training/educa tional programs and clerical ser vices. Pacific Northwest Bell has do nated $5,000 toward the renovation and has agreed to make further gifts over the next two years. The State of Oregon contributed $10,000 from its Minority Initiative Fund and Northwest Natural Gas gave $1,000. The remainder of the funds need ed for the $681,000 renovation came from a $350,000 loan from First In terstate Bank of Portland. The 12 year loan has an 11.5 percent annual percentage rate. Cascade Business C enter Council and Portland Community College. Its purpose is to nurture the development of small business incubators in the Portland area. In 1982, CBCC opened the sixth incubator in the United States — Cascade Business Service Center. Just four years later the second in cubator location is opening — Cas cade Business Industrial Center — which will support Portland's com mercial and industrial new business development. M ission The purpose of Portland's busi ness incubator is to support new businesses by offering selected ten ants below market rents/overhead, technical assistance and business advice. E lig ib ility To be eligible to participate in Portland's business incubator, a candidate must be: • approved by the Board of Di rectors of the Cascade Business Center Corporation; PORK LOIN ROASTS • a new or existing business that needs technical or management as sistance, yet has the potential of becoming a viable business; • willing to limit incubator tenure to three to five years; and • agree, if feasible, to hire local residents and remain in the incu bator inner north/northeast Port land area after "graduation" out of the incubator. How to Apply An owner of a company inter ested in participating as a tenant in Portland's incubator program should contact Horace Sanders, Director, Cascade Business Center Corporation, 4134 North Vancouver Avenue, Portland, Oregon. Incubator Locations Cascade Business Service Cen ter, Portland Community College, Cascade Campus, 753 North Kill ingsworth, Portland, Oregon. Cascade Business Industrial Cen ter, 4134 North Vancouver Avenue, Portland, Oregon. H om eless W om en to Find N ew H om e The Housing Authority of Port land (HAP) will be providing rental assistance to 58 homeless, single women through a 10 year grant awarded by the Department of Hou sing and Urban Development (HUD). The grant totals $1,851,360, with $185,136 allotted for assistance each year. Each tenant will pay 30 percent of her monthly income for the housing unit, with HAP subsi dizing the remainder of the rent. HAP is working with REACH Community Development, Inc. to prepare the Mt. Vernon Apartment Building at 631 S.E. Taylor Street for occupancy. REACH owns the property and will be responsible for developing and managing the build ing when it opens for tenants in ear ly June of 1988. The City/County Emergency Basic Needs Committee is also assisting HAP and REACH in delivering this program. Several other local organizations are inter ested in aiding the program, includ ing the Urban League, Central City Concern, and Multnomah County. The apartment building will pro vide housing for single women who have lost their homes due to dome stic violence, mental disabilities, substance abuse, lack of job skills, are leaving prostitution, or are emancipated teenagers. A total of 1,160 homeless women and teenage girls were served by Portland agen cies in fiscal year 1985 through 1986. This statistic alone demon strates the extreme need for hous ing that is targeted toward the pop ulation of homeless women. Do Your X -M as Shopping jr fp k Bargain Tree We Bus • Sell j* Second Hand Store Fu rn itu re — O ur S p e c ia lty 7TH 1VF • Trade Alm ost A nything WE DELIVER NO CHARGE . Tools &Eaum • Jewelry • Cameras »Coins • Sporting Goods • Collectables • Appliances »Electronics »Furniture 1 KA\ í ( ’ X I’ O K 1 L A N D . O K 97213 (503,252-4011 • Musical Instruments «M ore HRS: M on Sat 9 6 Sun 11-5 PORTLAND OBSERVER The Eyes and Ears of the Community 288-0033 EITHER END TO 5 POUNDS POUND $469 PORK LOIN RIB CHOPS POUND SH O P lENOW'S FOR. BRANDS Aow V A R IC T IIS v«w »Aa SIX1S y«M • • • • • • M U t l M H -a o h .» » K IM »»»h • ! • • • B o rn tM a • J lr d l i i n a a M .l a ita a n • la rt. M la m h a r « a i O ra a t» * • l l r » C a t»l«t* M illi » la a a * Iä ti I B l n 4 a i 1 I O trtM a a • « In « • O a a O ra »» o* u r . n l t a o c ie i * L i. * « « » " • M .l Ma*M«<h I I I O lttlalan < W a ll • » 'm i d i O lta a a a ¿11* N/NE Housing and C o m m unity D evelopm ent C om m ittee. (L-R) Background. Nabeeh Q. Dawan. Wy Lee B arnett; foreground: H ow ard W ebb, Chris Spaulding. Olynn Badheart Bull and M itch e ll. Photo by Richard J. B row n Project Manager Freddie M itch e ll (right) show s his renovation crew trainees how to set up a transit. The crew is preparing to put in a d rive way at a house located at 3805 N.E. M allory. The house, one o f tw o , was purchased by the Wholesale Pricing On Groceries Gone Public Several Portland agencies will provide support services to the ten ants, with three of them actually renting space in the Mt. Vernon Apartment Building. The Bradley Angle House, Inc., which provides counseling and case manages w o men leaving prostitution; and the Portland Women's Crisis Line will be in the building to help the ten ants overcome the problems that pushed them onto the streets. HUD rated HAP's grant proposal to aid homeless, single women as number one out of the 100 appli cations submitted from around the country. HUD used HAP's propo sal as a model application to judge the other proposals. Only 19 grants were awarded nationwide, with HAP's being the only one given in the Pacific Northwest. HUD com plimented HAP on the thorough ness of its program research, the in clusion of program cost estimates, the quality of support agencies that have agreed to provide social ser vices, and the overall quality of the proposal presentation. For more information on HAP's rental assistance program and this opportunity for homeless, single women in Portland, call Carol Jeli- nek at 249-5514. workers' Com pensation Costs Drop Ted Kulongoski, director of the Oregon Department of Insurance and Finance, announced on Decern-< ber 4, 1987, a 29% decrease in the' Workers' Compensation Division's' assessment on premiums. The re duction will result in a $9,000,000' savings for Oregon employers. "Together with NCCI's reconsi deration of its proposed 8.4% in- crease in workers' compensation pure premium rates — which would have cost Oregon employers $46 million — these savings will reduce the costs of doing business in Ore gon to the tune of $55 million,’ - said Kulongoski. The Workers' Compensation Division's assessment on premium^ finances the operational costs of thé Department to carry out the Work ers' Compensation Law and Oregon Safe Employment Act. The rate for 1986 was 7 percent. The new rate for insurers, effective January 1, 1988, will be set at 5.5. percent of the earned premium. The 29 percent decrease in the assessment rate is the result of in creasing payroll revenue due to Ore gon's economic growth, and con-- tinued decreasing costs for voca-* tional assistance paid out of the assessment. On Tuesday, Kulongoski announ ced that workers' compensation pure premium rates would average a 0% increase in 1988. Pure pre; mium rates in Oregon increased four, Juanita Quiton, 38, of Portland, years in a row — 8.2% in 1984' has joined the Peace Corps. Quiton 14.1% in 1985, 26.7% in 1986, and departed Nov. 8 for the African 14.5% in 1987. < nation of Swaziland, where she will The National Council on Com1 be the coordinator of a rural edu pensation Insurance (NCCI), an irx cation center, training teachers and dustry wide rating organization, had assisting in curriculum develop recommended an overall 8.4% in ment. crease in pure premium rates, whiclj A 1967 graduate of Girls Poly was denied. technic High School in Portland, Kulongoski attributed much of Quiton earned a degree in elemen the savings to reforms in the Work^ tary education from Portland State ers' Compensation Law adopted by University in 1973. Since her gra the 1987 Oregon Legislature. duation she has worked as a youth employment program manager and mediation specialist for the City of Portland. The Salvation Army's kettle in Peace Corps, the federal agency come has declined by about 15 per which sends Americans to assist cent so far this year, according to people in developing nations, now Major William Hunter, divisional has approximately 5,400 volunteers secretary of The Salvation Army s serving in 62 developing nations Cascade Division. in Africa, Asia, Latin America, and "W e are seeing fewer checks the Pacific. Since 1961, over dropped in our red kettles," Hunter 120,000 Americans have served says. "W e are also having diffi with the Peace Corps, nearly 3,000 culty getting enough kettle worketf of them from the state of Oregon. this year. We are worried becausé Currently, 154 Oregon residents are kettle donations are critical to The serving as volunteers. Salvation Army's Christmas relief Information about Peace Corps work." opportunities can be obtained by People interested in bellringerâ,' contacting the Seattle Peace Corps jobs can call Bill Collier at Z # recruiting office toll free: 1-800 0693. 426 1022. Portland Native Joins the Peace Corps Kettle Incom e Drops by 15% Did you know that for almost 30 years you could have bought some of your groceries at wholesale prices? The Bee Company, for over 30 years, has offered the public weekly shipments of name-brand groceries at genuine wholesale prices. You’ll find canned and packaged goods, pet foods, as well as frozen and close-dated deli products on the shelves. The best feature is that you do not have to buy by the case. You buy just what you want to buy, just the amount you need. Located at 800 N. Killingsworth, just east of 15, they are open Monday through Saturday 9:30 am to 6:00 pm. Isn't it about time you save on your grocery bill? butch czoarç ç M a«r D e s g n F o r M e n &, W o m e n CÑ i/>o PHONE 283-3171 Relaxers $20.00 TCB C urls $35.00 1227 S.W. MORRISON T b iy’ll Tell You All About It •* > • r'« JÍiS • 222 U994 -M f | *
