Retention and Expansion

The BAEDC recognizes the importance of existing business and the role it plays in the health and stability of Broken Arrow’s local economy. We are committed to supporting the success and growth of existing businesses and industries. 

Our team works with your company to help identify and assess the needs and challenges your business may be facing and connect you with solutions and resources that will support the stability and growth of your company. 

We work closely with many community partners, including the City of Broken Arrow, our public school systems, technical training partners, higher education, elected officials, utility partners, and many other entities dedicated to providing solutions and an environment for success within our community. 

Our Economic Development staff is readily available to meet with your businesses to offer assistance and resources in a number of areas including identifying available real estate, incentive programs, assisting with workforce training, and more.

We work to meet with our largest employers on an annual basis, but please contact our office at 918-893-2112 if you would like to schedule a time for us to visit that is convenient for you. 

Programs and incentives designed to help your business grow and thrive

The Broken Arrow Economic Development Commission (BAEDC) will help your business identify the incentives that will best suit your business goals. There are many available, depending on the type of business, the type and number of jobs created and retained, the wages paid, and the overall community impact.

Broken Arrow City Retail Incentive

Retail businesses support the local economy through job creation and tax base enhancement and are critical to the City of Broken Arrow’s economic vitality. 

Find out more about Broken Arrow’s Retail Development Incentive Policy

Oklahoma state incentives programs

Oklahoma has some of the lowest tax rates and some of the best tax incentives in the nation. The state offers companies a low cost of doing business, a low cost of living for employees, and tax rebates that reduce tax burdens even further. Learn more on our incentives page. 

Find comprehensive, up-to-date information on Oklahoma’s business incentives and taxes in the Oklahoma Incentives and Tax Guide.

Success Stories

Alfa Laval

Based in Sweden, Alfa Laval is a global leader in heat transfer and fluid-handling technologies. The City of Broken Arrow and Oklahoma Department of Transportation invested millions of dollars in public improvements to create an industrial access road for the company. Alfa Laval qualified for state incentives through the Oklahoma Department of Commerce Quality Jobs Program and retained Training for Industry Dollars form CareerTech to fund training for their new facility. These efforts resulted in a new job count of 347 employees at an average annual wage of $51,000.

FlightSafety

In 2010, The City of Broken Arrow worked with one of our major employers, FlightSafety International, to provide incentives to retain and grow their company here. They received a plant site on a 99-year lease at a cost of $1 per year, as well as $6.6 million in infrastructure for construction needs.

Additional Business Resources

Kiva Tulsa is a microfinance lending program devoted to providing capital to Tulsa area businesses. Through small loans, entrepreneurs and innovators can quickly get the help they need to take the next step in their business.
Workforce Tulsa is an organization by businesses, for businesses devoted to providing workforce education, training, and support services to ensure that Tulsa’s growing worker skill and quantity numbers are met.
Innovation to Enterprise (i2E) is a nationally recognized organization that has provided business expertise and funding to more than 700 of Oklahoma’s emerging small businesses. They work directly with entrepreneurs, researchers and companies to help them commercialize their technologies, launch and grow new businesses and access needed capital.
The Oklahoma Center for the Advancement of Science and Technology (OCAST) was established by the Oklahoma legislature to help grow and diversify the state’s economy through technology development, technology transfer and technology commercialization. OCAST funds basic research, applied research and internships through the Oklahoma Health Research, Oklahoma Applied Research Support, Plant Science and Faculty and Student Intern Partnerships programs.
The Oklahoma New Product Development Center (NPDC) assists Oklahoma companies with their manufacturing, product development, processes, and provides business analysis services to complement the product development process and guide the marketing communications campaigns created for companies.
The Oklahoma Manufacturing Alliance is a support group, advocate, and resource base for small manufacturers in the state of Oklahoma.
TEDC makes direct loans and participates with other financial institutions on small business projects that fall short of conventional lending standards.
OKSBDC advises business owners in many areas including financial analysis, capital sources, business planning, operations, industry research, international trade, commercial finance, human resources, accounting, competitive market studies, import/export assistance, government contracting opportunities, information technology and economic and business data modeling and analysis.
OK2Grow is a business-driven workforce development and career pathways nonprofit focused on entrepreneurship, high school completion, and career awareness activities.
SCORE (Service Corps of Retired Executives) is there to support and offer assistance where needed in any stage of business. From their nationally known mentorship program to their regular educational opportunities, SCORE advocates for small businesses everyday.
Tulsa Tech’s Business and Industry Services team helps Tulsa-area industry clients to continually train and retain a workforce that is adaptable to changing economic demands.
OK Catalyst provides SBIR/STTR experts who assist innovators in writing Federal grant proposals, help companies secure early-stage funding to conduct R&D, and mentor entrepreneurs on how to bring their technology to market.

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