INCENTIVES & FINANCING

Whether you’re launching a startup, expanding a facility, or relocating your operations, Okmulgee offers the right tools—and the right team—to help you succeed.

Our community combines Oklahoma’s nationally recognized business incentives with local flexibility, strategic partnerships, and responsive leadership. We don’t do red tape—we do relationships. And that makes all the difference.

Call 918-938-0970 or email info@chooseokmulgee.com to start a conversation about your project and possible incentives.

Federal Incentives

Opportunity Zones
Okmulgee County includes multiple federally designated Opportunity Zones, which offer three levels of capital gains tax relief for qualified investments in underserved areas.

New Markets Tax Credits (NMTC)
Most of Okmulgee and surrounding areas qualify for this powerful federal incentive, which provides 39% in federal tax credits to investors supporting projects in low-income communities.

Priority Enterprise Zones
All of Okmulgee County’s industrial parks are located in state-designated Priority Enterprise Zones—aligning local infrastructure with state and federal investment strategies.

State Incentives

Quality Jobs Program
Up to 5% of new payroll reimbursed over 10 years for companies that create well-paying jobs.

Investment Tax Credit
A 5% tax credit on qualified capital investment. Can be used instead of Quality Jobs, depending on ROI.

Small Employer Quality Jobs
Tailored for companies creating 5–500 jobs. Offers up to 10% of payroll in cash-back incentives.

Training for Industry Program (TIP)
Delivered by Green Country Technology Center, this program helps fund custom workforce training for new and expanding companies.

Innovation Expansion Program
Matching grants for existing businesses investing in modernization, product development, or new processes.

Ad Valorem Tax Exemptions
Eligible manufacturers may qualify for 5-year property tax exemptions on new capital improvements.

Oklahoma Business Incentives & Tax Guide, 2024

The rules, legislation and appropriations related to taxes and incentives are very dynamic, and as changes occur, this comprehensive Tax Guide will be updated with the most current information.

Local Incentives

Industrial Land Incentives
Qualified industrial projects may receive low-cost or no-cost land, based on job creation, wages, and capital investment.

Permit & Utility Coordination
We assist with permit fee reductions, expedited reviews, and negotiated water rates for large-volume users.

Historic Preservation Credits
Office and redevelopment projects in our Historic Preservation District may be eligible for state and federal historic tax credits.

TIF Districts
Okmulgee’s Tax Increment Financing districts allow eligible projects to reinvest future tax revenues into site improvements or infrastructure.

Hands-On Local Support
We may not have a big local incentive budget, but we have something better: commitment, creativity, and connections. OADC will work directly with city, tribal, and state leaders to build a support package that fits your project.

Other Development Resources

OKSBDC
The Oklahoma Small Business Development Center has the knowledge tools and resources to help your business start, grow and succeed. They provide no-cost, one-on-one confidential consulting to assist you to start, sustain or expand your business.

i2E
With nearly $64 million of investment capital under management, i2E is focused on serving Oklahoma companies in all phases of the business life cycle, from startups looking for their first round of capital to established businesses seeking funding to expand their markets or products.

Oklahoma Works/OESC
The Oklahoma Employment Security Commission (OESC) and other employer (and job seeker) resources can be accessed at the Okmulgee office

Aerospace Commerce Economic Services (ACES)
The primary goal of ACES is to establish a common state-wide strategy for the growth of the Oklahoma aerospace industry. ACES will focus the collective aerospace resources into an integrated, coordinated state-wide effort to improve the economic climate for aviation, aerospace and defense industries in Oklahoma.

The OADC has excellent working relationships with multiple consulting engineers, commercial and industrial Construction companies and all public utilities.

Let’s build something together. Call 918-938-0970 or email info@chooseokmulgee.com to connect with the OADC team.