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BDAB approves extra Invest Bend focus sessions; staff to seek input from underfunded and minority‑owned firms
Summary
The Bend Development Advisory Board agreed to add two focus‑group meetings to the Invest Bend strategy process — including a session targeted at higher‑risk or underfunded businesses with emphasis on minority‑owned firms — and heard data on housing, migration and local economic trends.
An Invest Bend update presented to the Bend Development Advisory Board outlined the economic and housing analysis behind the city’s draft economic development strategy and won board approval to add two focus‑group sessions: one targeted to “higher risk or underfunded businesses” with emphasis on minority‑owned firms, and an additional final review session for the strategy’s investment recommendations.
A staff presenter told the board the project is approximately 55% complete overall. Work‑product status cited in the presentation included: the state of housing assessment at about 90% complete and the state of the economy assessment about 80% complete; labor and industry cluster work had just begun and the draft strategy was roughly 45% complete. The presentation said the BRRRR investment strategy work stream was roughly 50% complete because it began earlier in the process.
Staff described two…
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