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GPI and CREDC travel to New York to advance investment in Greater Portland

October 15,2018 | By Anna Marum
A team from Greater Portland Inc and the Columbia River Economic Development Council is heading to New York City this week to promote the region as a strong investment opportunity.

The group will be in New York from Oct. 16-19 for its annual trip, and will be meeting with an athletic and outdoor company considering an investment in the region. The group also has meetings with multiple venture capital groups, as well as site selection consultants and brokers.

New York has a high concentration of venture capital, and previous trips have resulted in prospects evaluating the region. This week, the team from Greater Portland will continue to trumpet our region’s advantages.

“Greater Portland has a lot to offer New York companies looking to move or expand,” said Janet LaBar, president and CEO of Greater Portland Inc. “The cost of doing business is considerably less, and our region punches above its weight when it comes to attracting a talented workforce and providing an unmatched quality of life.”

GPI is targeting venture capitalists not only for their ability to drive investments to companies that may consider the Greater Portland region as a smart place to grow, but also because many of them sit on boards for large companies and have the opportunity to influence company leaders. 

GPI also has a meeting with Union Square Hospitality Group, a strategic investment company that specializes in the food and beverage sector. Its portfolio includes popular Portland brand Salt & Straw.

In addition, GPI will connect with the British Consulate General, building on Greater Portland’s strong relationship with the U.K. Just this year, U.K.-based firm Element Six broke ground on a $94-million synthetic diamond factory in Gresham, and Delta Air Lines resumed its nonstop flight from Portland to London.

Photo via WikiMedia Commons user AngMoKio

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