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On November 2, 2025, Oregon Governor Kate Brown signed into law a new commercial legislation aimed at promoting small business growth in the state. The bill, known as the Small Business Growth and Development Act, will provide various incentives and protections to support the growth of small businesses in Oregon’s economy.One of the key provisions of the new law is the establishment of a Small Business Development Fund, which will provide financial assistance to small businesses looking to expand or start new projects. The fund will offer low-interest loans, grants, and other financial incentives to help small businesses access the capital they need to grow and thrive.Additionally, the Small Business Growth and Development Act includes measures to streamline the regulatory process for small businesses, making it easier for them to navigate the complexities of state and local regulations. This will help reduce the burden of compliance on small businesses and free up resources for investment and growth.The new law also includes provisions to protect small businesses from unfair competition and predatory practices. It establishes a Small Business Ombudsman’s office, which will have the authority to investigate complaints of unfair business practices and provide legal assistance to small businesses facing legal challenges.Governor Brown expressed her support for the new commercial law, stating that it will help create a more level playing field for small businesses in Oregon and support the state’s economic growth. She emphasized the importance of small businesses to the state’s economy, noting that they are responsible for the majority of job creation and innovation in Oregon.The Small Business Growth and Development Act has received widespread support from small business advocates, who see it as a significant step towards creating a more supportive environment for small businesses in Oregon. With the enactment of this new commercial law, small businesses in Oregon can look forward to a brighter future and greater opportunities for growth and success.