Last Updated on August 23, 2023 by Hannah Stevens
The federal government allocates the majority of the budget of more than $8,705.00 millions dollars in grants and additional funding sources of $6,807.00 million dollars from local governments into the business sector since small businesses and large corporations are the backbone of Oregon’s economic growth. The state of Oregon has 88,753 business establishments, and they are broken down as follows:
Oregon Business Sector Breakdown by Size
- 53,489 registered businesses in Oregon have 0 to 4 employees. This breakdown includes those who work from home and sole proprietorship.
- 15,169 registered businesses in Oregon have 5 to 9 employees.
- 9,199 registered businesses in Oregon have 10-19 employees.
- 7,055 registered businesses in Oregon have 20-99 employees.
- 1,769 registered businesses in Oregon have 100 to 499 employees.
- Over 2,072 registered businesses in Oregon have over 500 employees.
Oregon Business Sector Breakdown in Service Industries
- 11,634 registered businesses in Oregon are in the Professional, Scientific and Technical Services sector.
- 5,435 registered businesses in Oregon are part of the Administrative, Support, Waste Management, and Remediation Services sector.
- 10,353 registered businesses in Oregon belong in the Accommodation and Food Services sector.
- More than 9,508 registered businesses in Oregon are also service orientated businesses but are not categorized to the above sectors.
You may also be eligible to apply for grants for small businesses if you work in the agriculture industry. The state of Oregon has more than 39,000 farms.
Small Businesses in Oregon
It is difficult to start and manage a small business in Oklahoma. More than $45,238,063,000.00 US dollars is spent on employee salaries/payroll alone in Oklahoma, and every year, more than 15,129 companies declare bankruptcy. Although grants from the federal government are not publicly given for expansion or creation of businesses, Oklahoma offers some small business grants to business owners that can be used to help them start and grow their ventures. Moreover, grant recipients don’t have to repay the government funding. So, it is worth looking into small business grants to help fund your business.
Contact Oklahoma financial aid agencies to apply for Oklahoma business grants.
Recent State Funding Opportunities
Below is a list of opportunities recently published in the local state: