Oklahoma

Oklahoma provides a range of incentives to support job creation, workforce training, and business expansion. Programs like the Oklahoma Quality Jobs Program and the Small Employer Quality Jobs Program offer cash rebates to businesses creating quality jobs, while additional resources support training and consulting services for small businesses.

Oklahoma Quality Jobs Program

• Purpose: Provides cash rebates to companies that create new quality jobs in Oklahoma.
• Eligibility: Companies in basic industries that meet wage and benefit requirements.
• Benefit: Cash rebates of up to 5% of new taxable payroll for up to 10 years.
• Application: Through the Oklahoma Department of Commerce.
• More info: Focuses on attracting high-quality jobs to the state.

Oklahoma Small Employer Quality Jobs Program

• Purpose: Encourages small businesses to create new jobs in Oklahoma.
• Eligibility: Small businesses (500 employees or fewer) in basic industries creating new jobs.
• Benefit: Quarterly cash rebates of up to 5% of new taxable payroll for up to 7 years.
• Application: Through the Oklahoma Department of Commerce.
• More info: Designed to support job creation in small businesses.

Oklahoma Training for Industry Program (TIP)

• Purpose: Provides customized training for new or expanding companies.
• Eligibility: New or expanding companies creating new jobs in Oklahoma.
• Benefit: Free, customized training programs delivered through Oklahoma's CareerTech system.
• Application: Through the Oklahoma Department of Career and Technology Education.
• More info: Tailored training to meet specific company needs.

Oklahoma Business Expansion Incentive Program (BEIP)

• Purpose: Supports existing Oklahoma companies that are expanding and creating new jobs.
• Eligibility: Existing Oklahoma companies making a capital investment and creating new jobs.
• Benefit: Cash rebates to help offset the cost of creating new jobs.
• Application: Through the Oklahoma Department of Commerce.
• More info: Focuses on supporting the growth of existing Oklahoma businesses.

Oklahoma Small Business Development Centers (OKSBDC)

• Purpose: Provides free business consulting and low-cost training services.
• Eligibility: Small businesses and entrepreneurs in Oklahoma.
• Benefit: Access to business advisors, training programs, and resources.
• Application: Through local OKSBDC offices.
• More info: Offers assistance with business planning, accessing capital, and operational improvements.

Note: For the latest information, verify details with the Oklahoma Department of Commerce and other relevant state agencies, as program specifics may change.