Agency / Department: Oklahoma City
Resource: Urban Renewal Authority Small Business Grant Program
Details: Grant funds may be used for future payroll, rent or mortgage, utilities, business equipment, inventory, small business training, technical assistance and other necessary business expenses. Expenses paid or incurred prior to the award of the grant are not eligible.
Eligible businesses must:
Have five or fewer employees (including the owner), including sole proprietorships.
Be located in a designated Urban Renewal Area. There’s a link to a map at ocura-ok.org.
Be owned by someone of low- or moderate-income as defined by the U.S. Department of Housing and Urban Development (HUD)’s CDBG guidelines; OR be located in a census tract where at least 51 percent of the residents are low- or moderate-income as defined by HUD’s CDBG guidelines.
Have appropriate licenses and permits before funds can be disbursed. Businesses may apply for the grant without the necessary licenses and permits and as a benefit of the program, will receive help in obtaining them.