This info session will be an opportunity to better understand the Cannabis Business Development Equity Program Request for Proposals (CBD Equity Program RFP). Several members from the selection committee will be present along with Prosper Portland staff to answer questions regarding the RFP objectives and selection process.
If you are unable to attend in person the event will be live streamed and use sli.do (with the hastag #CBDRFP) to take questions from virtual attendees.
You can find the RFP here: prosperportland.us/biznetwork
— OVERVIEW FROM THE CBD Equity Program RFP
The City of Portland and Prosper Portland recognize that in order to address the unique needs of cannabis businesses, spec...ialized technical assistance is needed. While the recent legalization of cannabis presents new business opportunities, entrepreneurs of color face multiple obstacles resulting from cannabis prohibition.
Based on recommendations from a community survey and a stakeholder steering committee that included restorative justice experts, community partners, and minority-owned cannabis businesses, the City of Portland is allocating $150,000 of the cannabis tax revenues to address the following areas:
1. Access to business technical support for minority-owned cannabis businesses. This includes: mentoring, business basics, finance and legal support.
2. Innovation in the cannabis supply chain as well as downstream businesses
3. Access to capital
On behalf of the City of Portland, Prosper Portland will grant $150,000 to community partners.
Successful proposers can either be organizations or independent contractors with relevant experience in providing technical assistance to businesses with some cannabis and/or food product industry experience. Contractors will also be evaluated on their ability to provide culturally response assistance to entrepreneurs in the priority populations identified.
You can view the full CBD Equity Program RFP here after May 9th: prosperportland.us/biznetwork
. If you have questions please contact Amanda Park at Prosper Portland: [email protected]