New & Existing Business

New and existing businesses account for eight out of ten new jobs, support local economies and drive our great state forward. Whether you’re just starting up or have been in business for years, the Oklahoma Department of Commerce has tools and services to help you succeed.

Starting a New Business

If you’re thinking about, or already in the process of starting a new business you probably have many questions. We’re here to help.

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Oklahoma is globally recognized for its outstanding incentive program and pro-business environment. Businesses can choose between a cash incentive or a tax credit package, and in some cases, qualifying businesses can take advantage of both programs.

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Tools and Assistance for Existing Businesses

Whether your business is big or small there are many tools to help you succeed. We’re here to help you find and take advantage of them.

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Trade Services

The Oklahoma Department of Commerce’s Global team offers a range of personalized services to Oklahoma companies seeking to expand their business by trading internationally. These include trade assistance, access to partners, and STEP Fund financing for international marketing.

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Business Retention and Expansion

Job creation generally comes from two primary sources: helping existing businesses to expand and attracting new businesses to the community. Helping existing businesses retain their current workforce and adding new jobs through expansion is by far the best and least expensive way to increase the number of jobs in a community.

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Regional Economic Development

Regional Economic Development seeks to advance the development of economic regions through coordinated and mutually beneficial efforts in areas such as education, workforce development, business attraction, business retention and expansion, marketing/branding, infrastructure, transportation, and quality of life, for the benefit of all member communities/counties in the region.

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