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What is SOREDI? A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon.

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Presentation on theme: "What is SOREDI? A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon."— Presentation transcript:

1 What is SOREDI? A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon Governed by 21-member board of directors Membership fee-based organization 5.5 FTE - member staff Promoting regional economic growth since 1987

2 Financial Assistance Helping fund start-ups and expansions. SOREDI manages a $6.4 million revolving loan fund for private business Nearly 195 loans totally $14.5 million made in 18 years Leveraged over $30 million in private funds Created or retained over 2,900 jobs Over $1.5 million available to lend Reg Powell, SOREDI & Linda Donovan, Pallet Wine Industries ~ Medford Duane and Belinda Marzi, Marzi Sinks ~ Grants Pass

3 Jefferson Grapevine Network

4 Some businesses need funding options other than loans Folium Partners Montrue Technologies


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