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.
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PORTLAND OBSERVER
The Eyes and Ears of the Community
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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
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