The Alliance of Portland Neighborhood Business Associations (APNBA) is now Venture Portland. The board, comprised of leaders from 30 diverse business districts, agreed the name and corresponding logo reflect the organization’s focus on growing business and connecting neighborhoods.

“I am proud to serve as Venture Portland’s President during this exciting time,” said Justin Zeulner, Director of Sustainability and Planning for the Rose Quarter/Portland Trail Blazers. “Being part of Venture Portland has shown me the strength of Portland’s neighborhood business districts and provided a unique insight into the importance of strategic neighborhood economic development. Venture Portland will continue our work with a name that encourages both Portlanders and visitors to venture into local business districts and support Portland’s economy.”

As a key partner in Portland’s Economic Development Strategy to stimulate neighborhood business, Venture Portland supports business districts through grant funding, strategic training, and focused technical assistance.

“Venture Portland plays a pivotal role in the health of the city’s neighborhood business districts,” said Portland Mayor Sam Adams. “Their focus on providing useful tools and education to diverse business district leaders is essential to the success of our local economy and the priorities outlined in the city’s Economic Development Strategy.”

The Portland Development Commission’s Neighborhood Economic Development Strategy identifies Venture Portland’s programs as critical to economic opportunity throughout Portland.

“When developing the Neighborhood Economic Development Strategy it was clear Venture Portland would play a crucial role in the plan,” said Patrick Quinton, Executive Director of the Portland Development Commission. “Their long-standing commitment to Portland’s neighborhood business districts will be instrumental to our business community’s success.”

Since November 2010, Venture Portland provided nearly 1,000 hours of training/personal technical assistance to business leaders throughout the city. Last year the organization awarded $80,000 to fund 39 business district projects, leveraging an additional $150,000 in private investment.