Portland observer. (Portland, Or.) 1970-current, June 25, 2014, Page 3, Image 3

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    June 25. 2014
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Sponsored by:
TheWeek Review
Page 3
Fred Meyer
Page 2
What's on your list today?.
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JUNE 27• 6pm-9:30pm JUNE 28&29
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Shawn Penny (top right), with son Shawn Jr. and daughter Sydney, encourage participation in the
family-friendly Good in the Hood Festival this weekend at Lillis Albina Park, located at North Flint
A venue and Russell Street. Penny serves as president o f the multicultural celebration which opens
Friday, June 2 7 and continues through Sunday, June 29. Highlights include live music with among
others, will feature a parade, and a host o f other activities.
It’s Good in The Hood!
Multicultural festival
showcases north and
northeast neighborhoods
For over two decades, the Good in the Hood Festi­
val has shined a light on the vibrancy of the north and
northeast side of Portland, and this year is no different.
The three-day m ulticultural festival, an official
event of the Portland Rose Festival, opens Friday,
June 27 and continues through Sunday, June 29.
There will be live music consisting of Jazz, Blues,
R&B, Latin, and Hip Hop; great food; and a multiple
of activities for the whole family, including a 3 on
v tx i i M i i i v i i i , 1 i n U 1 l l l d l l U I l
beer and wine garden.
A Good in the Hood parade hosted by the Northeas
Coalition of Neighborhoods is held on Saturday, June
28 at 11 a.m. The parade will roll out of King School
Park, located just south of Northeast Alberta Street al
Seventh Avenue, and end at North Flint and Russell
Street next to Tubman Middle School. Children will
toss candy out to the audience along the route.
The final day of the festival will begin at 10a.m. and
close out at 7 p.m. The entire event is for all ages and
open to the community
For more information, contact Good in the Hood
President Shawn Penny at 503-756-1926 or visit
goodintheneighborhood.org.
Micro Loans Helping Minority Firms
C lassifieds
pages 14-15
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page 16
The Oregon Association of Mi-
nonty Entrepreneurs was recently
recognized by the Small Business
Admmistration as the number one
micro lender m the Pacific North-
west, and seventh nationally among
178 micro lenders in the country.
OAME micro loans help women,
minonty and emerging small busi-
nesses in Oregon and southwest
Washington access the short term
capital they need to become sue-
cessfu1,
The aw ard results were an-
nounced at the SBA Microloan Pro-
gram Training Conference in De-
troit, Mich. 0A M E President Jorge
Guerra and Program Director Matt
Rutter accepted the award on behalf
of the OAME membership. OAME
has been in existence for over 27
years, helping promote and develop
minority entrepreneurship and eco-
nomic development in the State of
Oregon. OAME works in partnership
between ethnic minorities, entrepre-
neurs, education, government and
established corporate businesses.
“We are extremely proud of the
job OAME is doing in providing
small businesses with the capital
they need to grow and be success-
ful,” said SB A Portland District Di-
rector Camron Doss “Microloans
help many entrepreneurs that need
what would be considered smaller
loans than a conventional business
Ioan or may not qualify for a tradi-
tional loan for a variety of reasons.”
The SBA’s Microloan program
provides loans of up to $50,000 to
help small businesses and certain
not-for-profit childcare centers start
up and ex p an d . T he av erag e
microloan is about $13,000.