The Enid Regional Development Alliance is your direct contact to city, state, and federal agencies to provide your business with everything necessary to make relocation or expansion seamless. Enid’s straight-forward business incentives, skilled, available workforce and world-class job training ensures that businesses get the most from their investment in Enid.

The community of Enid has a rich history of “partnering” with the private sector utilizing federal, state, and local resources to create unique opportunities for growth. Enid will consider partnering with any business, industrial or retail, in a way that will provide a quality return on investment. Your company can be assured that each “partnering” request will be considered and acted on in a timely manner.

Please contact The Alliance to discuss how Enid might partner with your business.

Tax Increment Financing (TIF) captures the added value of a real estate project and uses these funds to help pay for the improvements of the new project. To qualify, there are performance guidelines that must be met for capital investment, new jobs, and new local payroll. Some recent examples are: Advance Food Company Expansion (Freezer Plant)- $8 million freezer facility, 700 new jobs; Roosevelt Park Apartments - $5 million affordable housing units. 

Land
The City of Enid and the Garfield County Industrial Authority have provided discounted/donated land or buildings for numerous projects. To qualify, there are performance guidelines that must be met for capital investment, new jobs, and new annualized local payroll. Some recent examples are: Advance Food Company (original plant, distribution center, and second manufacturing facility), Mid-Continent Packaging, and Pump Star.  See Enid's Available Properties.

Enid Build-to-Suit Program
For companies that need a new industrial or commercial building in Enid, we offer a business-friendly Build-to-Suit Program. With low construction costs and favorable tax treatment, our Build-to-Suit program is popular among new and expanding companies. 
The typical Enid Build-to-Suit package has these features:

• Client selects construction type based on variables provided.
• Client retains the right to select architects and contractors.
• Client may supervise construction if desired.
• The facility can be sold, leased, or leased with an option to purchase.

James W. Strate Center for Business Development
Eighty percent of new businesses that start in a business incubator become profitable ventures. Enid has one of the most professional and useful incubator facilities in the state. Tenants of the Center for Business Development are exempt from state tax liability on income earned as a result of business activities for up to 10 years. They also receive a reduction space rental while having access to the “back office” needs that are available at the Center.  Business Incubator Brochure

Training for Industry (TIP)
The Training for Industry Program helps new and expanding businesses create customized, productive workforce as needed. Through Autry Technology Center, the TIP provides the funds and services to bring curriculum, training materials, and instructors to companies who qualify.

Utility Assistance Program
The City of Enid offers a utility assistance program designed to help employers recruit workers. The program provides additional resources to help new employees with the cost of relocation. City of Enid will pay water, sewer, and trash utilities on behalf of the employee for the first three months of service. The City of Enid will also waive the utility activation fee.

Grow Enid Loan Fund
The Enid Regional Development Alliance has established a revolving loan fund for entrepreneurs and business expanding in the Enid area. This loan program can be used to finance any business expense and can be combined with commercial lending to complete your financing package.

Enterprise Zones (EZ)
Enid’s two shovel-ready, certified industrial parks are in an Enterprise Zone. These Enterprise Zones provide extra incentives for business. Double the Oklahoma Investment/New jobs Tax Credit is allowed and low interest loans may be made available. The Oklahoma Department of Commerce designates enterprise zones and publishes lists of eligible counties, cities and census tracts.

Business Improvement District (BID)
The Downtown Enid Business Improvement District (BID) is an area where property owners vote for a special property assessment to make their community more competitive. The City of Enid will consider the Downtown Enid BID in spring of 2009. The Downtown Enid BID program will contract with the City and property owners to implement the BID’s initiatives. 

Foreign Trade Zone (FTZ)
Foreign-Trade Zones are designated areas which, for customs purposes, are considered outside the U.S.  Almost any imported merchandise can be brought into a Zone, for almost any kind of manufacturing or  manipulation, duty-free. In Enid, the Cimarron Industrial Park at Woodring Airport is being designated as a subzone with FTZ #106.

Federal Historic and State Historic Tax Credits
Federal Tax Law currently provides attractive incentives for the rehabilitation of historic and older buildings. These special benefits encourage revitalization of historic districts as well as individual buildings. To qualify for the tax incentives, requirements of both the Internal Revenue Service and the U.S. Department of the Interior must be met. Enid has several neighborhoods and buildings with prior historic certification and registration.

Local Quality Jobs Incentives
The City of Enid has provided Local Quality Jobs Incentives for projects that create new primary sector jobs. Cash incentives have been provided in the form of quarterly payments, annual payments, or forgivable loans. To qualify, there are performance guidelines that must be met for capital investment, new jobs, and new annualized local payroll. Some recent examples are: StarTek- $3 million capital investment, $8 million new annual local payroll, Atwoods (distribution center and corporate offices)- $3 million capital investment, $1 million in new annual local payroll.

New Markets Tax Credits (NMTC)
Equity investors in Community Development Entities (CDEs) can receive tax credits of 5% to 6% per year for each year in the investment is held for up to seven (7) years following the initial investment. The CDE must in turn invest in projects in qualifying census tracts - 20% poverty rate or higher. Enid has one of Northwest Oklahoma’s few qualified census tracts that includes 100% of the downtown retail area.

State of Oklahoma Programs
In addition to Enid’s local incentives, the State of Oklahoma has been recognized nationally for its outstanding business location and job growth incentives. For more information, download the ODOC Incentive and Tax Guide.