Incentives

State and Federal incentives can be vital in supporting small and medium-sized manufacturers in Oklahoma by providing financial assistance and resources that facilitate growth, innovation, and competitiveness.

Programs like the Oklahoma OIEP (Oklahoma Industry Expansion Program), Quality Jobs program, BEIP (Business Expansion and Incentive Program), and STEP (State Trade Expansion Program) offer various incentives like tax credits, grants, and workforce training support. These incentives help offset costs associated with expanding operations, upgrading equipment, hiring skilled labor, and accessing new markets. For Oklahoma manufacturers, leveraging these incentives not only enhances financial stability but also fosters long-term sustainability and job creation within local communities

The Oklahoma Manufacturing Alliance can help you navigate the complexities of applying for and maximizing state incentives. Through our expertise and network of resources, we can guide you through the application process and help you identify applicable incentives based on their specific needs and growth objectives. Whether it’s navigating the requirements of the Quality Jobs program to secure wage rebates or accessing training grants under the OIEP program to upskill their workforce, the Alliance provides tailored assistance to streamline the application process and optimize the benefits. By partnering with the Oklahoma Manufacturing Alliance, SMMs can effectively capitalize on state incentives, accelerate their expansion plans, and position themselves for sustained success in the dynamic manufacturing landscape of Oklahoma.