Prosper Portland, the city of Portland’s economic and urban development agency, has expanded its Small Business Stabilization Restore Grant Program to offer assistance for small businesses impacted by the January 2024 ice storm.
The agency is offering reimbursements of up to $25,000, covering a number of different ways the storm impacted businesses. In their application, business owners can cite up to $10,000 of revenue loss for businesses closed between January 12 and January 20, interior or exterior repairs due to the winter storm, costs associated with inventory loss, and/or up to $5,000 worth of equipment replacement. Businesses must meet specific criteria to apply: They have to be located
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