Business Expansion Incentive Program (BEIP) Application

Business Expansion Incentive Program (BEIP) Application
IMPORTANT: BEIP is for existing Oklahoma companies doing new major expansion projects that have not started yet.

Before filling out this application, please contact Jon Chiappe at 405-815-5210 or Jeremy Stoner at 405-842-1145 to find out if your project could potentially qualify. BEIP will not cover 100% of an approved project.

NOTE: A BEIP Agreement must be downloaded, signed by an authorized company representative, dated and attached to the bottom of this application. Additional program information can be found at this weblink: Business Expansion Incentive Program.
Is the company a for-profit business located in Oklahoma as specifically defined in the Oklahoma Pooled Finance Statute?*

YesNo
Only for-profit companies with an Oklahoma location(s) are eligible to apply. This application cannot be completed.
Company Name:*
Company FEI Number:*
Company NAICS:*
Parent Company (if any):
Does the company remit withholding taxes through a third party (such as a PEO)?*

YesNo
What is the name of the third party used for remitting withholding taxes?
What is the FEI Number under which the withholding taxes are remitted?
Most Current Annual Year Sales:*
Enter the amount, round to whole dollars
Company Physical Address (no PO Boxes)*

Street Address

Street Address Line 2

CityState

Zip Code
Company Contact
Company Contact:*

First NameLast Name
Company Contact Title:*
Company Contact Email:*
example@example.com
Office Phone Number*
Mobile Phone Number
Project Finance Information

Award amounts depend on market potential, amount of the company's investment, and the economic impact of new production capabilities in Oklahoma’s economy.There is not a requirement of an amount that the company invests toward the project. However, the greater the percentage of its own funds in the project, the greater the benefit to the state will be. This will be considered in the review.
Please fill in project spending amounts by type:
What is the timeframe for the project starting?*

Less than one monthOne to three monthsThree to six monthsGreater than six months
Provide a detailed description of the project.*
You can attach additional detailed documents at the bottom of this form.
Is the physical address of the project the same as Company Physical Address above?*

YesNo
Project Physical Address:

Street Address

Street Address Line 2

CityState

Zip Code
How many people are currently employed at the company in Oklahoma?*
Enter whole numbers
For the average wage, enter whole dollars for the annual salary. The wage entered cannot include any benefits but should include overtime or bonuses. Do not enter wages in hourly format.
What is the average annual wage of existing jobs in Oklahoma?*
Enter the amount, round to whole dollars, no decimals
Will the project involve new job creation?*

YesNo
Anticipated CUMULATIVE # of New Direct Jobs from Project:
Anticipated New Jobs Hire/ Start Date:

MonthDayYear
Date
What will be the average annual wage of new jobs?
Enter the amount, round to whole dollars
For jobs retained or created, will the company provide a qualifying health plan?****

YesNo
***Note: Qualifying health plans are defined as health insurance for all full-time employees, offered within 180 days of employment for which the employee pays no more than 50% of the cost of premiums for coverage of basic hospital care, physician care, mental health care, substance abuse treatment, prenatal care, and prescription drug coverage.
Please discuss the type of assets acquired or utilized by the business entity.*
Please describe the economic effect of the project within the relevant geographic region.*
What is the market area served by this project?*
Describe the likelihood additional businesses or suppliers will locate to or expand in the area based on this project occurring.*
Attachments

1. REQUIRED - This application must include a signed agreement found at this link BEIP Agreement. It must be signed by a company officer or an authorized company representative.

You can also attach one or more of the following to assist your project:

2. Letter/Resolution of support from city, town, county or public trust

3. Detailed Project Budget

4. Exhibits, maps or renderings

5. Other supporting documents for project narrative or description
Browse Files
PDF, Word, Excel documents only Cancelof
Certification and Legal Authority

I, the undersigned, hereby certify that this application is (a) complete; (b) contains no misrepresentation and is accurate and correct in all facts; (c) may be relied upon as a true representation of the nature of the project. I further certify that all subsequent documentation shall also be accurate, correct, and void of misrepresentation. This document has been duly authorized by the governing body of the applicant.

The company, guarantors, and others required to submit proprietary information and financial disclosures are, by the act of applying for assistance, authorizing the distribution of the information to such persons as may be required for the review, approval, and administration of the expenditure. They are also authorizing reference and background investigations, and inquiries into their credit.
Terms and Conditions:*

I agree
Authorized Company Representative:*

First NameLast Name
Authorized Company Representative Title:*
An authorized representative is an officer, director or owner of the company.
I, the undersigned, hereby certify that I am an Authorized Company Representative have authority to make binding decisions on behalf of the Company regarding application for/acceptance of project funding.*

I affirm
Signature*

Clear
Should be Empty:

Business Expansion Incentive Program (BEIP) Application

Company Contact

Project Finance Information

Certification and Legal Authority