Incentives and Finance

Tax Incentives
Standard enterprise zone exemptions
Designed to encourage business investment in specific areas of the state primarily with property tax relief. more information
Long-term rural enterprise zone incentives
Enhanced enterprise zone program with up to 15 years of tax abatements. more information
E-commerce enterprise zones
A special enterprise zone designation with income tax credits too. more information
Oregon Investment Advantage
A new income tax exemption program that helps businesses start or locate in most Oregon counties with a 10-year income tax holiday. more information
Strategic Investment Program (SIP)
Exempts a major portion of large capital investments (more than $25 or $100 million) from property taxes anywhere in Oregon. more information
Construction-in-progress
Exempts new commercial facilities from property taxes for a period of time anywhere in Oregon. more information
Food processor exemption
Processors of raw or fresh fruits, vegetables, legumes, nuts, seafood or eggs receive new machinery and equipment exemption from property taxes for five years. more information
Rural Renewable Energy Development Zones
An enterprise zone-type exemption from property taxes on wind farms, biofuel production and other eligible projects in a designated county. more information
Business Energy Tax Credit (BETC)
Investments in energy conservation, recycling, renewable resources and less-polluting transportation fuels. more information
Biofuels Raw Materials Credit
Producers or collectors of biomass receive credit based on quantities used for biofuel in Oregon. more information
Research tax credits
Corporate tax credit for qualified research and basic research conducted in Oregon. more information and Tax Form for this credit (PDF)
Dependent care tax credit
Employers who provide dependent care assistance to their employees may claim one of two credits—the Information and Referral Services Credit or the Employer-paid Dependent Care Credit. more information (PDF)
Federal/State worker-based tax credits
Three incentive programs for business. more information
All tax credits for corporations
Available from the Oregon Department of Revenue (PDF)
Finance solutions
Brownfields Redevelopment Fund
Direct loan and grant program to conduct environmental actions on brownfields. more information
Oregon Business Development Fund (OBDF)
Loan fund works with banks to secure necessary funds. more information
Oregon Business Retention Program
Designed to help private sector companies. Program provides multi-industry expertise in finance, marketing, operations, turnarounds, restructurings, feasibility studies, etc. more information
Oregon Capital Access Program (CAP)
Program helps lenders make more commercial loans to small businesses. more information
Oregon Credit Enhancement Fund (CEF)
Loan insurance tool that lenders can use to help businesses needing extra security to obtain financing. more information
Entrepreneurial Development Loan Fund (EDLF)
Initial, direct loan to help companies get started in Oregon. more information
Industrial Development Revenue Bonds/Express Bonds
Designed to help Oregon manufacturers grow. These are tax-exempt bonds, issued by the state of Oregon. They provide long-term financing for land, buildings and equipment. more information
Local Revolving Loan Funds
Funds available for small business financing. more information

Other programs
Governor's Strategic Training Fund
Fund supports the retention and growth of living-wage jobs, a skilled workforce and competitive businesses in Oregon. It is a flexible, responsive and time-sensitive resource for training Oregon's private-sector workforce. The emphasis is to upgrade skills of the workforce in order to increase productivity, keep Oregon businesses viable and competitive, and offer new skills and opportunities to Oregon's workers. more information
Matching Grant Programs
Small Business Innovation Research and Small Business Technology Transfer Research are two federal grant programs tailored to small business. More information on Oregon's match.
US Small Business Administration
504 Loan Program and the US Small Business Administration 7(a) Loan Guarantee Program more information
Business Start-up Information
Film production
The Oregon Production Investment Fund rebates 20% of Oregon-based production expenses and 10% of wages paid for work in Oregon. The Greenlight Labor Rebate can offer qualifying productions an additional cash payment of up to 16.2% of Oregon payroll for productions that spend more than $1 million. more information