2015ANNUAL REPORT

Uniting Regionally to Compete Globally.

This past year brought great strides to Greater Portland Inc. We increased our focus on making the region one of the nation’s most competitive and vibrant metropolitan economies.

By attracting six companies to the region, GPI assisted in the creation of 234 jobs, and we have continued to enhance relationships with companies considering relocating to, or expanding within, the Greater Portland area. We also increased our visibility in other markets and among national influencers when we led or joined in five sales missions and hosted three national site-selection consultants for a familiarization (FAM) tour.

In 2015, GPI updated our digital front door through a revamped website, and efforts to bring awareness and attention to the region were successful through earned media in the The Chicago Tribune, The Wall Street Journal and Bloomberg Business.

We also continued to represent Greater Portland in national and international settings through the Brookings/ JPMorgan Chase Global Cities Initiative.

With our partners, GPI completed the Greater Portland 2020 framework, the comprehensive initiative for regional economic development, and we broadened our base by securing 13 new investors.

I am honored to serve as GPI Board Chairman. We have accomplished much, and I look forward to continuing to work with all of you on creating prosperity and opportunities for our region.

Sincerely,

James J. Piro

Chairman of the Board, Greater Portland Inc

President and Chief Executive Officer,

Portland General Electric

Greater Portland Inc 2015 Annual Report 2

FROM THE CHAIRJAMES J. PIRO

TABLE OF CONTENTS

Year in Review.......4

Executive Summary.......5

OVERVIEW OF CAMPAIGNSUniting Regionally to Compete Globally.......6

Choose Greater Portland.......8

Stay and Grow in Greater Portland.......10

A Look Ahead From President & CEO Janet LaBar.......12

Investors.......14

Photo: Mt. Hood View from Hillsboro Greater Portland Inc 2015 Annual Report 3

FINANCIALS2015 Audited Financial

Statements are here.

3 greaterportlandinc.com

GPI has the unique privilege of bringing the region’s top companies, innovators and leaders together to strategically market our world-class assets around the globe. Leveraging a highly talented workforce, collaborative and entrepreneurial approach to business, and sought-after lifestyle, GPI and our partners work together to nurture and recruit businesses that bolster the region’s economy and promote long-term job growth.

Through our strategic campaigns: Uniting Regionally to Compete Globally; Choose Greater Portland; and Stay and Grow in Greater Portland, GPI has continually supported efforts to make our region a top location for investment.

The GPI team is proud to represent Greater Portland and is committed to improving economic opportunities for our region’s families, communities and businesses by helping the region thrive. Our successes in 2015 set the stage for job growth, new business and broad economic prosperity in the Greater Portland area. Read on for detailed accomplishments by work area..

EXECUTIVE SUMMARYYEAR IN REVIEW

LAUNCHED NEW GPI WEBSITE

234 NEW JOBS

BEST PRACTICES WORK ACHIEVED

96% SATISFACTION BY LOCAL ECONOMIC DEVELOPMENT

PROFESSIONALS

RECEIVED A COMMITMENT OF

$150,000FROM JPMORGAN CHASE TO

KICK-START GREATER PORTLAND 2020

$174,000 IN NEW REVENUES

Greater Portland Inc 2015 Annual Report 4 Greater Portland Inc 2015 Annual Report 5

ADDED 13NEW INVESTORS

4.5 MILLIONMEDIA IMPRESSIONS

PROVIDED

45 INSTANCES OF ASSISTANCE TO OUR

COMMUNITIES

RANKED 17THBY OREGON BUSINESS MAGAZINE IN 100 BEST

NON-PROFIT SMALL ORGANIZATIONS

UNITING REGIONALLY TO COMPETE GLOBALLY REGIONAL COLLABORATION

96 PERCENT

Achieved 96 percent satisfaction by local Economic Development Professionals for GPI’s economic development work

GREATER PORTLAND 2020Completed the Greater Portland 2020 planning process for the region’s five-year Comprehensive Economic Development Strategy (CEDS)

500 ATTENDEESEnergized more than 500 attendees through the launch of Greater Portland 2020 at GPI’s Economic Summit

IMPROVE EFFICIENCYEntered into a first-time partner agreement with Business Oregon and regional economic development organizations across the state to improve efficiency and strengthen collaboration

COMMUNITY PARTNERSHIP

Part of successful federal Investing in Manufacturing Communities Partnership (IMCP) supra-regional application by the Pacific Northwest Manufacturing Partnership (PNMP)

Greater Portland Inc 2015 Annual Report 7Greater Portland Inc 2015 Annual Report 6

CHOOSE GREATER PORTLANDBUSINESS RECRUITMENT AND REACH

234 JOBS

Assisted in the creation of 234 jobs through the attraction of six new companies/projects to the region

30 ACTIVE PROSPECTS

Managed an average of 30 active prospects

5 SALES MISSIONS

Led or joined 5 sales missions to the Bay Area (2), Chicago, Japan and Washington, DC

3 CONSULTANTS

Hosted 3 national site-selection consultants for a regional familiarization (FAM) tour

641 CORPORATE DECISION MAKERS

Elevated awareness of key regional assets through targeted emails to more than 641 corporate decision makers

4.5 MILLION IMPRESSIONS Facilitated earned media that ledTo more than 4.5 million impressions and visibility of the region in:- The Wall Street Journal- The Chicago Tribune- Bloomberg Business- Alaska Beyond- Alaska Beyond, Horizon Edition- Executive Global

7,000 VISITORS Launched new GPI website, which drew more than 7,000 visitors in its first month

15,000 IMPRESSIONS

Targeted c-level executives within the Software & Media Industry through LinkedIn ads that garnered more than 15,000 impressions

PROSPECTS

30

234 NEW JOBS IN 2015

PROSPECT FUNNEL

LEADS

47

COMPANIESEXPANDED TO REGION

6

Greater Portland Inc 2015 Annual Report 9Photo: Columbia River Crossing Greater Portland Inc 2015 Annual Report 8

STAY AND GROW IN GREATER PORTLANDBUSINESS RETENTION EXPANSION (BRE) AND REGIONAL STRATEGY

45 INSTANCES

Provided 45 instances of assistance to our communities in support of their BRE efforts

3 PROJECTS

Supported 3 projects that poseda threat to leaving the region

RESEARCH CAPABILITIES

Expanded research and analysis capabilities, benefiting prospective companies, site-selection consultants and member communities

GREATER PORTLAND GLOBAL

Launched Greater Portland Global, the region’s global trade and investment plan

Greater Portland Inc 2015 Annual Report 11

GLOBAL CITIES Represented Greater Portland in national and international settings through the Brookings/JPMorgan Chase Global Cities Initiative

Greater Portland Inc 2015 Annual Report 10

A LOOK AHEAD FROM THE PRESIDENT & CEO JANET LABAR

Over the past year, I have been encouraged by the opportunities that exist across this region for businesses looking to grow. As the organization with the unique privilege of marketing this dynamic region, GPI has developed strategies to position Greater Portland as a top investment location and bring this message to decision makers around the world.

Looking ahead, GPI will further focus on delivering on our core objectives—marketing the region and pursuing opportunities for job creation and investment. We will expand our business development activity by embarking on more targeted sales missions and aim to bring more attention to Greater Portland through Familiarization (FAM) tours.

We will also get deeper into digital marketing strategy with key site selectors and companies through targeted digital advertisements, social media posts and newsletters, and digital communications that are useful and informative for the reader.

We’ll seek to best support our communities and local partners in their work to help existing companies grow, and lend regional expertise on community readiness for projects. We’re partnering with more organizations to leverage resources and hone in on where we can collectively make the most impact.

As we gear up to make 2016 a banner year, GPI is energized and ready to make a positive and impactful difference in Greater Portland’s economy.

Thank you for your continued support of GPI and your commitment to advancing our region.

Sincerely,

Janet LaBar Greater Portland Inc President & CEO

Greater Portland Inc 2015 Annual Report 13Photo: Willamette River in Wilsonville Greater Portland Inc 2015 Annual Report 12

111 SW Columbia Street, Suite 830, Portland, OR 97201 | (503) 445-8065

greaterportlandinc.com | info@greaterportlandinc.com

Greater Portland Inc 2015 Annual Report 14

Greater Portland Inc is the regional economic development partnership helping

companies expand and locate to the Portland-Vancouver area.

STAY CONNECTED TO GREATER PORTLAND INC

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CORNERSTONE DIRECTORS$50,000 - $125,000

Cambia Health SolutionsMark Ganz

City of PortlandMayor Charlie Hales

JPMorgan Chase Mike Hurley

Melvin Mark Companies Jim Mark

MetroCouncil President Tom Hughes

Portland Development Commission Patrick Quinton

Port of PortlandBill Wyatt

PLATINUM DIRECTORS $25,000 - $49,999

Bank of AmericaRoger Hinshaw

City of BeavertonMayor Denny Doyle

City of GreshamMayor Shane Bemis

City of HillsboroMayor Jerry Willey

City of VancouverMayor Tim Leavitt

Clackamas County Commissioner Jim Bernard

Columbia River Economic Development CouncilMike Bomar (Treasurer)

Columbia-Willamette Workforce Collaborative Andrew McGough

Delta Airlines TBD

KeyBank Michelle Weisenbach

Kuni Automotive Group George Athan

Miller Nash Graham & Dunn Dennis Rawlinson

Multnomah County Commissioner Loretta Smith

PLATINUM DIRECTORS (continued)

NW Natural Gregg Kantor

Oregonian Media Group Steve Moss

Oregon State University Brian Wall

Perkins & Co Gary Reynolds (Non-Voting)

Portland Business Alliance Sandi McDonough

Portland General Electric Jim Piro (Chairman)

Portland State University Erin Flynn (Secretary)

Portland Trail Blazers Chris Oxley

Port of Vancouver Todd Coleman

PricewaterhouseCoopers Roger Mills

Produce Row Property Mgmt Co Randy Miller (At Large)

The Standard Greg Ness (Immediate Past Chairman)

Stoel Rives Wally Van Valkenburg (Vice Chair, Private)

US Bank Stacey Dodson

Washington County Chairman Andy Duyck

Washington State University Vancouver Chancellor Mel Netzhammer

Wells Fargo Ralph Hamm

GOLD INVESTORS $10,000 - $24,999

Alaska AirlinesBiamp SystemsCenturyLink - Chris DenzinClark College - Bob KnightPacific PowerPamplin Media GroupSkanska USA Building - Jim LinkSpirit Media

GOLD INVESTORS (continued)

TMT Development - Vanessa SturgeonViewpoint Construction Software

SILVER INVESTORS$5,000 - $9,999

AAAadidasCascade Web Development - Ben McKinleyeBay Portland OfficePortland TimbersPyramid CommunicationsTriMet

BRONZE INVESTORS $2,500 - $4,999

BoeingCity of Roses Disposal & RecyclingHillsboro HopsIA Interior ArchitectsInterWorks - Debbie KitchinK&L GatesProlifiq SoftwareVancouver EnergyZGF Architects 

SMALL CITIES CONSORTIUM

CanbyCorneliusEstacadaFairviewForest GroveHappy ValleyLake OswegoMilwaukieOregon CitySandySherwoodTigardTroutdaleTualatin - Mayor Lou Ogden (Vice Chair, Public)West LinnWilsonvilleWood VillagePort of Skamania Skamania County Economic Development Council

Greater Portland Inc 2015 Annual Report 14 Greater Portland Inc 2015 Annual Report 15

GPI INVESTORS BOARD MEMBERS ARE LISTED