Enterprise Beaverton is a renowned business district that has been a hub for innovation and economic growth in the Portland metropolitan area. With its strategic location, highly educated workforce, and supportive business climate, Enterprise Beaverton offers a wealth of opportunities for businesses of all sizes. This comprehensive guide will delve into the key aspects of Enterprise Beaverton, empowering entrepreneurs and business leaders to leverage its advantages and achieve success.
According to the Beaverton Area Chamber of Commerce, Enterprise Beaverton generates over $12 billion in annual economic output, accounting for 25% of Beaverton's total economy. Its close proximity to Portland and the region's major transportation hubs has fueled its growth.
Enterprise Beaverton is home to a thriving tech industry, with a concentration of companies in software, hardware, and biotechnology. The Oregon Technology Business Center estimates that the Beaverton-Tigard area is home to over 6,000 technology companies, employing more than 30,000 people.
Enterprise Beaverton benefits from a highly skilled and educated workforce. According to the U.S. Census Bureau, 63% of Beaverton residents hold a bachelor's degree or higher, compared to 52% for the state of Oregon. This educated workforce attracts top-tier companies seeking talented employees.
The City of Beaverton and various organizations actively support businesses in Enterprise Beaverton. The city offers a range of incentives, programs, and resources to assist businesses with start-ups, expansions, and relocations. The Beaverton Economic Development Commission facilitates collaborations between businesses, government, and community partners.
1. Proximity to Major Markets:** Enterprise Beaverton's location near Portland and other major markets in the Pacific Northwest provides businesses with access to a large consumer base.
2. Highly Skilled Workforce:** The educated and skilled workforce in Beaverton ensures a ready supply of qualified personnel for businesses.
3. Innovation Ecosystem:** Enterprise Beaverton is part of a thriving innovation ecosystem, with close ties to universities, research institutions, and venture capital sources.
4. Business Support:** The City of Beaverton and other organizations offer a comprehensive suite of services and programs to support businesses of all sizes.
5. Quality of Life:** Beaverton offers a high quality of life for employees and their families, with excellent schools, recreational opportunities, and a thriving arts and culture scene.
Network with Industry Leaders: Attend industry events, join business organizations, and engage with other businesses in the area to build relationships and stay informed about industry trends.
Leverage Incentives and Resources: Explore the various incentives, programs, and resources offered by the City of Beaverton and other organizations to support your business.
Invest in Employee Development: Focus on providing training and development opportunities to enhance the skills and knowledge of your workforce.
Collaborate with the Community: Partner with local organizations, schools, and universities to foster connections and explore opportunities for collaboration.
Embrace Innovation: Encourage creativity and innovation within your organization to stay ahead of the competition and seize new opportunities.
Ignoring the Competition: Underestimating the competition in Enterprise Beaverton can lead to missed opportunities and lost market share.
Neglecting Employee Well-being: Failing to prioritize employee satisfaction and well-being can lead to high turnover and reduced productivity.
Missing Out on Business Support: Many businesses fail to take advantage of the valuable support services and resources available in Enterprise Beaverton.
Underestimating the Importance of Community Engagement: Businesses that fail to engage with the local community may miss out on valuable opportunities for growth and support.
Resisting Change: Businesses that are resistant to change and innovation may struggle to keep up with the rapidly evolving business landscape.
1. What is the address of Enterprise Beaverton?
Enterprise Beaverton is located in the city of Beaverton, Oregon. Its boundaries are roughly defined by SW Beaverton Hillsdale Highway to the west, SW Murray Boulevard to the east, SW Scholls Ferry Road to the south, and SW Walker Road to the north.
2. How large is Enterprise Beaverton?
Enterprise Beaverton encompasses approximately 2,000 acres of land and is home to over 1,000 businesses.
3. What is the median income in Enterprise Beaverton?
The median household income in Enterprise Beaverton is $98,000, significantly higher than the national average.
4. What are the major industries represented in Enterprise Beaverton?
The largest industries in Enterprise Beaverton are technology, healthcare, manufacturing, and retail.
5. Does Enterprise Beaverton offer tax incentives for businesses?
Yes, the City of Beaverton offers a range of tax incentives, including property tax exemptions and enterprise zone incentives.
6. What are the transportation options available in Enterprise Beaverton?
Enterprise Beaverton is served by TriMet, the region's public transportation system, which provides bus service throughout the area. Additionally, the MAX Light Rail Blue Line has a stop in central Beaverton, connecting commuters to downtown Portland and other parts of the metropolitan area.
7. What are the recreational opportunities in Enterprise Beaverton?
Enterprise Beaverton offers a variety of recreational opportunities, including parks, walking trails, bike paths, and sports facilities. The nearby Tualatin Hills Nature Park provides miles of hiking and biking trails, while the Beaverton Civic Center Library boasts a state-of-the-art gymnasium and fitness center.
8. What is the future outlook for Enterprise Beaverton?
Enterprise Beaverton is expected to continue to grow and thrive in the coming years. With its strong economy, highly skilled workforce, and supportive business climate, it is well-positioned to attract new businesses and investment.
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