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SOREDI: Empowering Economic Growth in Southern Oregon

SOREDI is a private non-profit organization dedicated to enhancing prosperity in Jackson and Josephine Counties. Since 1987, it has supported economic development through financial assistance, creating and retaining thousands of jobs. With a revolving loan fund of $6.4 million, SOREDI has facilitated over $14.5 million in loans, leveraging additional private funds. Businesses like Marzi Sinks, Pallet Wine Industries, and Jefferson Grapevine Network have benefited from SOREDI's support. For businesses seeking funding options beyond loans, Folium Partners and Montrue Technologies offer solutions.

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SOREDI: Empowering Economic Growth in Southern Oregon

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  1. What is SOREDI? • A private non-profit organization dedicated to increasing the long-term prosperity of Jackson and Josephine Counties in Southern Oregon • Governed by 21-member board of directors • Membership fee-based organization • 5.5 FTE - member staff • Promoting regional economic growth since 1987

  2. Financial AssistanceHelping fund start-ups and expansions. • SOREDI manages a $6.4 million revolving loan fund for private business • Nearly 195 loans totally $14.5 million made in 18 years • Leveraged over $30 million in private funds • Created or retained over 2,900 jobs • Over $1.5 million available to lend Duane and Belinda Marzi, Marzi Sinks ~ Grants Pass Reg Powell, SOREDI & Linda Donovan, Pallet Wine Industries ~ Medford

  3. Jefferson Grapevine Network

  4. Some businesses need funding options other than loansFolium Partners Montrue Technologies

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