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One of the keys to success for DAEDF has been its ability to develop relationships with state and local agencies and to use these relationships to benefit existing and new business.
For industry looking to expand, DAEDF can help locate and finance the renovation, acquisition, or construction of buildings. For large industries, DAEDF facilitates everything from gaining building permits, to negotiating tax incentives, to acting as general contractors during construction of sites. For example, when Family Dollar agreed to locate a large, regional distribution facility in Duncan, DAEDF was able to get the 907,000-square foot facility constructed and operational within months from the date an agreement was signed.
Duncan competes with thousands of communities nationwide for each business it attracts and financial incentives are a key component of any site selection package or business expansion. Through a combination of state and local sources, the Foundation is able to offer substantial assistance to qualifying businesses. The Foundation provides a free incentive analysis for each prospective business. This service makes it easier for site selectors to evaluate costs and speeds up the decision making process.
For a free, confidential incentive analysis, click here (PDF File)
SERVICES AND PROGRAMS PROVIDED
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Business & Industry Surveys
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Assembly of site and building inventory information in Duncan area
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Administration of Revolving low interest loan program for existing and new industry
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Finance packaging for industry
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Site selections of land and building for industry relocations and expansions
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Industrial park land development assistance
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Industrial building development assistance
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Research and information service contact point for business and industry, to and between state, federal, city and county entities
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Other economic development services:
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Enterprise zone establishment
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Area manufacturer’s information
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International contacts
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Grant funds administration
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Promotional literature on business climate and community
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Recruitment / Marketing packaging
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Housing studies
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Labor availability studies
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Web-site development for economic development recruitment
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Venture Capital Tax Program
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Tax Increment Financing
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New Market Tax Credit Districts
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Former Indian Lands
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Duncan Center for Business Development - Oklahoma's Newest Business Incubator
Whether a domestic or international company looking to relocate or expand in our area, the Duncan Area Economic Development Foundation is ready to serve.
