In the 2004–2005 academic year, 80 PSU students worked in teams through the BOP to provide business assistance to 30 companies, including Buddha Belly Bakery, Chef Sheila, Dragonfly Chai, Annie Mae's Gifts and Apparel, Montego Bay Restaurant, Nola's Nuggits, Pasta Bangs, Platinum Fade Hair Salon, Sock-it-to-me socks, Soul Chain Boutique and The Abbey Cafe. Through a combination of mentoring by counselors and technical assistance provided by the student teams, BOP consulting services include creating business plans, researching market potential, developing human resource plans, and developing and implementing financial and accounting systems.
“Everyone benefits from the Business Outreach Program. The students get community-based learning and businesses receive the long-term assistance needed to better their business,” said Gary Brown, BOP director. “I strongly believe that the BOP is one of the best resources for small business development in the Portland area because we have the capacity and infrastructure to serve their needs and we develop long-term relationships with our clients.”
Since its inception in PSU’s School of Business Administration in 1994, the BOP has worked with 370 companies, 1,080 PSU students and has helped created hundreds of new jobs in North and Northeast Portland–more than 150 in the past three years alone. The BOP’s mission is to help small and emerging businesses achieve their potential by providing knowledgeable and relevant mentoring and technical assistance, to provide students the opportunity to engage in community-based learning with local small businesses, and to collaborate with other service providers to improve the overall economic well-being of the neighborhoods the BOP serves.
The Spring Luncheon celebrates the progress of participating businesses partners, recognizes the contributions of BOP supporters and advisory board members, and applauds the student consultants’ efforts. The luncheon features Scott Dawson, dean of the School of Business Administration, a brief awards ceremony and a keynote address from Bruce Feathers of Featherlite Enterprises, an entrepreneur who knows first-hand the struggles small business owners go through in establishing and maintaining their businesses. Media wishing to attend the luncheon should call Erin Malecha Arias at 503-725-8794. For other information, call the BOP, 503-725-3705, or visit www.sba.pdx.edu/outprog.
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Source: Gary Brown (503-725-3705)
PSU School of Business Administration
For Immediate Release (#05-060)