Oklahoma Administrative Code
Title 150 - Oklahoma Department of Commerce
Chapter 75 - Business Incubators Incentive Program
Section 150:75-1-6 - Reporting
Universal Citation: OK Admin Code 150:75-1-6
Current through Vol. 42, No. 1, September 16, 2024
(a) Incubator sponsors shall file annual reports with the Department not later than December 15 of each calendar year.
(1) Each report must contain the following
information:
(A) Number of
newincubator tenants by industry for current reporting
period;
(B) Total cumulative number
of incubator tenants by industry;
(C) Total number of new jobs created by
tenants for current reporting period;
(D) Total cumulative number of jobs created
by tenants;
(E) Total financial
value of initial investment by tenants for current reporting period;
(F) Total financial value of cumulative
investment by tenants; and
(G)
Number of firms still operating in Oklahoma after ending their tenancy in the
incubator, and the number of jobs provided by these firms for the current
reporting period; and
(2) Failure to submit annual reports as
requested herein may result in decertification of the incubator
facility.
(b) The Department, on or before December 31 of each year, shall provide a report to the Speaker of the House of Representatives and the President Pro Tempore of the Senate containing the following information:
(1) The number of applications for incubators
submitted;
(2) The number of
applications approved;
(3) The
number of incubators created under this act;
(4) The number of tenants occupying each
incubator;
(5) The number of jobs
provided by each incubator and tenants of each incubator; and
(6) The number of firms still operating in
the State after ending their tenancy in incubators, and the number of jobs they
have provided.
Added at 16 Ok Reg 3392, eff 8-12-99; Amended at 18 Ok Reg 3506, eff 9-14-01
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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