The Oklahoma Department of Commerce is the primary economic development entity in the state. We recruit new businesses to the state by promoting the great assets we have for businesses to succeed. We work to foster an entrepreneurial culture and infrastructure in Oklahoma to encourage the start-up of new businesses and partner with communities to ensure existing businesses grow and prosper.

 

Doing Business in Oklahoma

From aerospace to agribusiness and financial services to startups, we help businesses grow. Operating a business can be challenging, but Oklahoma has removed the barriers and streamlined the process to make it easier for companies to develop and grow. With living costs as much as 40% lower than the national average and world-class workforce development programs, we’re making it easier to plug into the Oklahoma business ecosystem to gain access to the people, programs, and tools that will support real-time business decisions.

• Business Relocation + Expansion - You won’t find a state in the United States that beats Oklahoma’s renowned business environment. Large-scale incentives, state-of-the-art infrastructure, and energy costs 22% lower than the national average make Oklahoma an opportunity you don’t want to pass up.
• Business Services - We’re committed to helping our local businesses succeed and grow in every capacity. Oklahoma offers the following business services: 
  • Trade + Export Services
  • Business Consutations
  • Workforce Development
  • Women-owned Business Certifications
  • Minority-owned Business Certificatoins
• Startups + Entrepreneurs - Maneuvering through the startup process can be intimidating. That’s why we have gathered together resources from across the state to help guide your business idea from inception to implementation such as: How To Start a Business, Business Licensing + Operating Requirements, Business Incubators.
• Data + Reports - We have a comprehensive set of data and reports, showcasing the economic environment of the state to help construct informed decisions such as: Published Reports and Maps.

 

STEP Fund

Promoting your company at trade shows can be an effective way to gain recognition in your industry and to enter into the global market or expand your international trade capabilities. But not every small business is in the position to coordinate trade show logistics or design and operate their own trade booth. The Oklahoma Department of Commerce makes it possible for Oklahoma companies to partner with the state at trade shows across the globe. With the help of the Oklahoma STEP Fund, qualified companies can get reimbursed for 75% of the participation cost.

 

The STEP Fund is a matching grant reimbursing 75% of costs for three different designated services: participation costs and travel expenses to exhibit at international trade shows, cost of Export Compliance Training, and Export Solutions through US Commercial Services.

 

For more information about the STEP Fund, click here.

 

 

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