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Business Briefs

Army Corps rep willexplain contract process

Businesses interested in working with the U.S. Army Corps of Engineers can learn about the federal contract process during a workshop, Wednesday, Sept. 23, at the RCC/SOU Higher Education Center, 101 S. Bartlett St., Medford.

Carol McIntyre, small business advocate for the Army Corps of Engineers in the Portland district, will present information for construction, manufacturing, wholesale, information, technical services, recreation, and waste management and remediation services.

The event will run from 9 a.m. to noon in Room 129B.

To register, go to www.ptassist.com/services/ptac_web_register.php?id="3787C46251"

PacPower customers will see bills reduced

Pacific Power customers in Oregon will see an overall average payment decrease of 3.1 percent because of adjustments to the Residential Exchange Program, the utility said Monday.

The average Oregon residential customer using 900 kilowatt hours per month will see monthly bills go down an additional $4.22.

For the average residential customer, the total credit from the Residential Exchange Program will be $9.35 per month, which includes the additional $4.22 as well as the average $5.13 credit that was already in place. Small agricultural customers will see a total credit of 0.768 cents per kilowatt hour.

The new credit levels will take effect Oct. 1 if approved by the Oregon Public Utilities Commission and be effective until the end of 2017.

Investment network looksat companies' presentations

The Southern Oregon Angel Investment Network will review presentations from four companies today.

CredNetic and WizMaps of Medford, and Folium Partners of Ashland, and Homeschool Outerwear of Portland are collectively raising $3.5 million. From 2011, the region’s Angel Investment Network has invested $1.34 million in seven companies through a winner-take-all elimination process. In late 2014, the Angel Investment Network began evaluating any and all angel-viable startups on an ongoing basis.

The review process for companies seeking angel investments begins when the company presents to representatives for Southern Oregon Regional Economic Development Inc. (SOREDI).

Oregon ranked  No. 5 for small business gains

The Intuit Small Business Employment Index for companies with fewer than 20 employees showed that small business employment fell by 5,000 jobs, declining 0.02 percent nationally. The August decline is relatively small in comparison to the overall growth of employment over the past year. The Intuit Small Business Employment Index is based on approximately 264,356 small-business customers of Intuit Online Payroll and QuickBooks Online Payroll, covering the period from July 24 through Aug. 24.

Oregon ranked No. 5 nationally in small-business employment gains during August, trailing Idaho, Minnesota, Nevada and Alabama for the month.

Small business employees saw an increase in monthly compensation by 0.30 percent, with average monthly pay reaching the equivalent of $2,838, up $9 from July. Employees also worked longer hours, averaging 25.4 hours per week.