TL;DR (generated · confidence: high)

The report recommends Oregon develop a comprehensive statewide economic development strategy with measurable goals for job and income growth, prioritizing business retention, expansion, and attraction with small business support. Public-private partnerships should catalyze innovation districts through state investments of $10 million per project to unlock long-term traded-sector employment (examples: Confluence Innovation Campus, Southern Willamette Valley Innovation Corridor). A Governor-directed concierge function through the Regional Solutions Program and Regional Development Officers should coordinate state agency support for strategic projects from inception through completion.

Key points (each cites a PDF page):

Develop statewide economic development strategy with measurable job and income growth goals (p. 15)
Focus on business retention, expansion, attraction, and targeted support for small businesses (p. 15)
Incorporate sophisticated approach to target sectors and generative artificial intelligence (p. 15)
Catalytic public-private partnerships for innovation districts with state investments on order of $10 million per project (p. 15)
Named investment examples: Confluence Innovation Campus (Portland), Southern Willamette Valley Innovation Corridor, industrial site development in Eastern Oregon (p. 15)
Establish Governor-directed economic development concierge function through Regional Solutions Program and Regional Development Officers (p. 15)
State agencies should actively support priority projects, coordinate across jurisdictions, resolve barriers, and facilitate timeline solutions (p. 15)

Amounts: $10 million per project · Programs: Regional Solutions Program · Confluence Innovation Campus · Southern Willamette Valley Innovation Corridor

Additional Recommendations

Additional Recommendations Complete and implement a statewide economic development strategy with measurable job and income growth goals, a focus on business retention, expansion and attraction, targeted support for small businesses, a sophisticated approach to target sectors and generative artificial intelligence. Align with workforce development, infrastructure, and innovation priorities. Engage small and medium-sized businesses, entrepreneurs, and rural communities in developing the strategy and identifying target industries. Prioritize catalytic public-private partnerships that can serve as the foundation for emerging innovation districts, unlocking long-term economic growth and traded-sector employment through state investments on the order of $10 million per project (e.g. Confluence Innovation Campus in Portland, the Southern Willamette Valley Innovation Corridor, and industrial site development in Eastern Oregon). These investments should align with programs that accelerate innovation and commercialization partnerships statewide. Establish a Governor-directed economic development concierge function through the Regional Solutions Program and Regional Development Officers, with clear expectations that state agencies actively support priority projects, coordinate across jurisdictions, resolve barriers, and facilitate timeline solutions that advance local and regional economic development priorities. This effort should ensure that projects of strategic importance receive visible executive action and coordinated state support from initial engagement through project completion.

15 - OREGON PROSPERITY COUNCIL | RECOMMENDATIONS FOR OREGON’S LONG-TERM COMPETITIVENESS AND PROSPERITY | JUNE 2026

Parent: Chapter 1: Statewide Economic Development Strategy & Structural Reform · PDF: p. 15