Oklahoma Department of Commerce — Business Incentives

state agency

Funding opportunities

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Open Tax credit · State

Software/Cybersecurity Workforce Tax Credit

Are you an Oklahoma software/cybersecurity employee with a degree from an ABET accredited institution? You might be eligible for a tax credit. Learn more here....

Open Tax credit · State

Civil Engineering Workforce Tax Credits

This program offers companies a 5 to 10% credit on compensation paid to civil engineers and an individual tax credit of $5,000 per year for civil engineers. Hom...

Open Tax credit · State

Aerospace Industry Engineer Workforce Tax Credits

This program offers companies a 5 to 10% credit on compensation paid to engineers and an individual tax credit of $5,000 per year for engineers. Home / Doing Bu...

Open Tax credit · State

Federal Opportunity Zones

Oklahoma’s OZs allow investors to realize significant federal tax benefits through investing capital gains in Qualified Opportunity Funds. Home / Doing Business...

Open Tax credit · State

Business Expansion Incentive Program (BEIP)

The Business Expansion Incentive Program (BEIP) assists Oklahoma companies making major capital investments in machinery, equipment and buildings. Home / Doing...

Open Tax credit · State

SIDE Act

The Strategic Industrial Development Enhancement Act promotes the competitiveness of rural industrial parks by improving connections between railroads and indus...

Open Tax credit · State

Rural Jobs Act

The Oklahoma Rural Jobs Act promotes greater access to capital for qualifying small businesses located in rural areas of the state. Rural Funds, their affiliate...

Open Tax credit · State

21st Century Quality Jobs

Oklahoma’s 21st Century Quality Jobs program attracts growth industries by rewarding businesses with a highly skilled, knowledge-based workforce. Home / Doing B...

Open Tax credit · State

Small Employer Quality Jobs Program

Oklahoma’s Small Employer Quality Jobs program helps you expand and create new jobs in Oklahoma. The program provides quarterly cash payments.

Open Tax credit · State

Quality Jobs Incentive Program

Oklahoma’s Quality Jobs incentive helps improve your company’s bottom line. It provides quarterly cash payments up to 5% of new payrolls for up to 10 years. Hom...