OKC Rescue Program

OKC Rescue Program

Status: Launched April 2022

Administrator: The Alliance for Economic Development of Oklahoma City

Funding Source: City of Oklahoma City's allocation from the federal American Rescue Plan Act (ARPA)

Geographic Scope: Oklahoma City only

Purpose

Help small businesses and nonprofits with COVID-19 economic recovery through direct financial assistance and technical support services.

Eligibility

• Location: Must be located in Oklahoma City
• Size: 100 or fewer employees
• Ownership/Status: Must meet at least ONE of the following:
- Minority-owned business - Located within a Qualified Census Tract (majority low-income neighborhoods) - Demonstrate economic impact of COVID-19

Key Features

Technical Support Funds: Up to $15,000 in matching services for:
• Marketing (including websites and customer outreach)
• Human resources services
• IT support
• Financial and business planning advice
• Architecture and engineering services
• Legal services
• Accounting services

Facility Improvement Reimbursements (for small businesses):

Outdoor facade improvements

New ventilation systems

Outdoor seating

Other facility modifications

Program Components

1. Direct Reimbursement: Qualifying projects directly reimbursed 2. Training Programs: Create more resilient workforce 3. Accelerators: Combination of training and grant funding to grow small businesses or launch innovative ideas

Application Process

Low barriers in application process by design

Contact

The Alliance for Economic Development of Oklahoma City
• Address: 105 N. Hudson Avenue Suite 101, Oklahoma City, OK 73102
• Phone: 405-604-6780
• Email: info@theallianceokc.org