Lineart icon of a bar graph and magnifying glass against a green background

2020 Oregon Capital Scan Released

The 2020 Oregon Capital Scan has been completed by the University of Oregon Lundquist College of Business. The capital scan tracks the flows of capital for businesses in Oregon to help investors, entrepreneurs, and policymakers understand the dynamics of an ever-changing business ecosystem.

Since 2014, the Lundquist College of Business has been responsible for the biennial survey of flows of capital into and through the state’s businesses. The 2020 report covers the activity in Oregon during the 2018-2019 timeframe and some data from 2020, including an overview of CARES Act funding through Paycheck Protection Program loans.

The Capital Scan captures data on a variety of capital types, ranging from city and county grants for local business to late-stage venture capital investments in high-growth companies. Newly included in the 2020 edition are data covering credit union business lending and reporting on activity of the largest banks through data from the Community Reinvestment Act.

The story of business funding is complex, and this report can only begin to address questions many stakeholders have about where and for whom capital is accessible for business growth. As a scan of the landscape, the 2020 Oregon Capital Scan seeks to inform stakeholders about high-level trends and provide a starting point for further research and inquiry.

“We’ve gathered a significant amount of new data for this year’s edition of the Capital Scan,” said Lundquist Center for Entrepreneurship Program Manager Nathan Lillegard, who leads the college’s effort on the project. “Capturing a clear picture of the state of Oregon’s capital ecosystem before COVID times should help us all understand what levels of capital flow and access will be necessary to return to normal sometime in the future.”

A broad coalition of stakeholders supports the ongoing efforts to track capital flows in Oregon. Funding for the work by the Lundquist College team is coordinated by the Oregon Community Foundation.

“We appreciate the interest that our donors and partners have in supporting the Oregon Capital Scan. This data informs our strategies to support entrepreneurs and invest in Oregon startups,” said Melissa Freeman, OCF Director of Strategic Projects.

Capital Scan 2020 Partners

  • Business Oregon
  • Craft 3
  • The Federal Reserve Bank of San Francisco
  • The Ford Family Foundation
  • The Lemelson Foundation
  • Meyer Memorial Trust
  • Oregon Community Foundation
  • Oregon State Treasurer
  • Oregon Small Business Development Center Network
  • Oregon Economic Development Association
  • Oregon Entrepreneurs Network
  • Prosper Portland
  • U.S. Senator Ron Wyden’s Office.

Inquiries about the report can be directed to Nathan Lillegard, Program Manager for the Lundquist Center for Entrepreneurship, at

Download 2020 Capital Scan

Access Past Capital Scan News and Reports