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Bill would fund nonprofits to help businesses complete COBID certification; supporters say certification unlocks contracts

2159512 · January 28, 2025
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Summary

Senate Bill 569 would appropriate $4 million to the Oregon Business Development Department to fund nonprofit organizations that help businesses obtain COBID certification as minority‑owned firms.

Senate Bill 569, sponsored by Senator Aaron Woods, would direct the Oregon Business Development Department to establish a program to provide grants to qualified nonprofit or community‑based organizations that assist businesses in becoming certified by the Certification Office for Business Inclusion and Diversity (COBID) as minority‑owned businesses. The bill includes an appropriation of $4,000,000 from the General Fund for the 2025‑27 biennium.

Senator Aaron…

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