Monday, November 9, 2015

Newberg and Tualatin Are Among Finalists For Economic Development Prize - Portland Business Journal

According to information from Carr Biggerstaff, board chair of the Chelam Valley Chamber of Commerce in a Portland Business Journal report, Newberg is one of 50 quarterfinalists in the contest and has already received $50,000 to develop its plan. The city of Tualatin is also among the quartefinalists.

CVCC is made up of a team of community partners in Newberg who have worked over a year to submit a plan to America's Best Communities, which finds Frontier Communications, DISH and other partners to stimulate local economic growth.

In early January, the contest will narrow the list down to 15 semifinalists, who will then attend a summit to present their strategies. From that group, eight will move on with $100,000 each to implement their plans. About a year after the plans are implemented, in April 2017, the contest will name three winners based on how effective the plans have been.

First place will get $3 million, second place gets $2 million and third place will get $1 million.