Oklahoma Business Expansion Incentive Program (BEIP)

Key facts

Copied word-for-word from the official Oklahoma state agency page. Last verified October 28, 2026.

Program name

Oklahoma Business Expansion Incentive Program (BEIP)

Issuing agency

Oklahoma Department of Commerce (State of Oklahoma)

Funding type

Tax credit or incentive

Funding purpose

Business and Commerce

Status

Ongoing program

Application deadline

Ongoing program · no application deadline published

Published credit or incentive amount

Not stated on the official Oklahoma state agency page

Eligible applicants (our reading of the official page)

• For profit organizations other than small businesses
• Small businesses

Relevant to

BusinessesHow we determined this: Derived from the eligibility statement on the official page (business, small business).

Geographic restrictions

This is a Oklahoma state program. Check the official page for location requirements.

Official source

View the official program page ↗

How to apply (from the official page)

Apply for the Business Expansion Incentive Program

Source

www.okcommerce.gov/doing-business/business-relocation-expansion/incentives/business-expansion-incentive-program/

Last verified

October 28, 2026 (against the official Oklahoma state agency page)

Record confidence

highCurated from the official agency page; reviewed by an editor.

Eligibility details (from the agency)

To qualify for the incentive, companies typically need to meet or exceed these requirements: $2 million or greater in capital investment $2 million or greater in total annual existing payroll

Description (from the official program page)

The Business Expansion Incentive Program (BEIP) assists Oklahoma companies making major capital investments in depreciable items like machinery, equipment and buildings. This incentive makes quarterly cash payment awards to help companies grow and boost business expansion investments in Oklahoma.