Opportunity
Oregon Buys #S-12300-00016749
Business Oregon Seeks Co-Investment Partners for SSBCI Venture Direct Program
Posted
April 24, 2026
Respond By
January 01, 2032
Identifier
S-12300-00016749
NAICS
523910, 525910, 522299
Business Oregon is seeking co-investment partners for its SSBCI Venture Direct Program to support small businesses in Oregon. - Government Buyer: - Oregon Business Development Department (DBA Business Oregon), Economic Development Division - Products/Services Requested: - Co-investment partnership services to deploy SSBCI capital through a direct venture capital program - No specific product part numbers or purchase quantities; focus is on partnership services - OEMs and Vendors: - No specific OEMs or vendors named in the solicitation - Notable Requirements: - Partners must be able to deploy capital and act as co-investment partners in alignment with SSBCI program objectives - Opportunity is classified under NIGP code 94656 (Venture Capital Services) - Competitive sealed proposal process - Place of Performance: - State of Oregon, with Business Oregon headquartered in Salem, Marion County
Description
The American Rescue Plan Act of 2021 reauthorizes the State Small Business Credit Initiative to provide financial support to small businesses. Business Oregon is seeking proposals to deploy SSBCI capital through a new direct venture capital program called the Business Oregon Venture Direct Program. The program aims to find entities to act as co-investment partners with Business Oregon. The procurement method is a competitive sealed proposal under personal services discipline.