what is soredi? a private non-profit organization dedicated to increasing the long-term prosperity...
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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
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
Reg Powell, SOREDI & Linda Donovan, Pallet Wine Industries ~ Medford
Duane and Belinda Marzi, Marzi Sinks ~ Grants Pass
Jefferson Grapevine Network
Some businesses need funding options other than loans
Folium Partners Montrue Technologies