 December 2024 | 35th Edition
Equity Line brings you the newest content relevant to your business. Whether you work in transportation-related fields, construction, or just drive Oregon’s roads and have an interest in what ODOT is doing for the Oregon economy, Equity Line is a newsletter you will want to read.
 ODOT’s ESB Program expands eligibility to include more Oregon businesses
The Certification Office for Business Inclusion and Diversity (COBID) has announced an increase of the financial thresholds for small businesses to qualify for our Emerging Small Business Program. This increase is based on increases in the U.S. Bureau of Labor Statistics’ Consumer Price Index and is designed to reflect current economic conditions impacting small businesses. A larger number of Oregon-based businesses are now eligible to apply for ESB certification and participate in the program.
Questions about ESB-certification? Contact the COBID team at 503-986-0075 or visit the website.
Curious about the benefits of Small Business Certifications?
The Certification Office for Business Inclusion and Diversity certifies minority-owned, women-owned, service-disabled veteran-owned and emerging small businesses interested in contracting with state, county and city government agencies. These certifications foster an environment where small businesses can compete fairly, regardless of ethnicity, gender, disability or size. When historically underserved businesses participate in public contracting, they help enhance and strengthen our economy.
Certification in Oregon, including renewals, is free of charge. Certification benefits include:
- Bid opportunities on goal-oriented federal, state, county and city projects
- Opportunities to work with large firm programs for certified firms
- Awards on projects that do not have a goal
- Opportunities for emerging small businesses
- Connecting to prime contractors
- Networking opportunities and events
- Business exposure
- Education opportunities
- Mentorship programs
For more information on small business certification, eligibility, application process, renewals and technical assistance, check out the certification FAQs.
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 Small Business Reminder from the CCD:
Annual Motor Carrier Renewal Period ends December 31!
Renewing your credentials is easy with Trucking Online.
 Find ODOT’s Small Business Programs Navigators at these meetings:
LatinoBuilt
Latino Business Alliance
NAMC – National Association of Minority Contractors
OAME – Oregon Association of Minority Entrepreneurs
Portland Business Development Group
ODOT recognizes our partnership with Latino Business Alliance in supporting Latino-owned businesses in Oregon.
“According to U.S. Census data, Latino-owned businesses are the fasted growing sector of the U.S. economy, creating jobs and economic growth across the country.” – LBA
The Latino Business Alliance (LBA) is passionate about helping Latino business owners succeed and thereby improving the quality of life for the Latino community.
La misión de la Alianza Empresarial Latina es empoderar a las pequeñas empresas para que crezcan económicamente y, al mismo tiempo, promover la participación y la visibilidad dentro de la economía estadounidense en general.
Learn more about the Latino Business Alliance and how it is empowering Latino business owners through networking, opportunities and resources.
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