Eligible projects are business development projects as defined in OAR 123-092-0020(2).
To be eligible, applicants must be in the traded sector or primarily support traded sector activities, and must operate a business with 50 or fewer full-time-equivalent employees.
Relending of funds shall not be an eligible activity.
The primary focus of ORF is on providing net, new funding. However, requests to refinance existing debt or equity financing shall be considered on a limited basis at the sole discretion of the Department.