Tulsa Economic Development Corporation
TEDC was founded in 1979 as Tulsa Economic Development Corporation, an organization charged with promoting and sustaining small business growth in Tulsa.
Over the last five years, we've provided or located more than $150 million to help nearly 300 small businesses start, expand or sustain. These dollars will impact over 3,500 jobs. In 2005, we began the TEDC Creative Capital brand to reflect our expanded range of programs and geographic reach. Today, we make or facilitate loans ranging from $5,000 to $10 million using public and private funds. Our mission remains the same as it was at our founding: to create economic vitality in communities by encouraging small business growth.
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Mission
To create economic vitality in communities by encouraging small business growth.
Storytelling
A native and resident of Tulsa, Shavonna Caldwell's dream to open a contemporary women‚ clothing boutique became a reality in 2016. Habit Boutique provides a unique shopping experience that offers clothing, accessories and gift items, located in north Tulsa at the Shoppes on Peoria.
"They are sincere advocates for small businesses and connected me to resources that better equipped me as a small business owner." Shavonna Caldwell, Owner
Our Impact (2022)
300 individuals served
12 training programs or workshops offered
Use the icons to explore our impact metrics.
Access to Capital
Providing entrepreneurs capital in order to start and/or grow their business. (i.e. direct lending or grant programs for small businesses)
Removal of Barriers
Providing support to entrepreneurs to empower them and become more educated business owners (i.e. general business support, training in accessing procurement).
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300 Total number of loans awarded
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150,000,000 Total dollar amount of loans dispersed
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20 Total number of grants awarded
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100,000 Total amout of grants dispersed
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170 Total number of individual (1:1) technical assistance sessions conducted
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345 Total number of hours spent providing technical assistance
Type of Organization
- Lending Institution
Locations Served
- Tulsa, OK
Key Programs and Initiatives
- EDEN - Entrepreneur Development and Education Network
Types of Offerings
- 1 to 1 business advising
- Business incubation
- Cohort Training Programs
- Entrepreneurial Training
- Financing
- Matchmaking/networking opportunities
- Technical Assistance
Program Delivery
- Hybrid (in person/virtual)
Members of the Black Community Served
- Immigrants
- Women
- Veterans
Locations of Members of the Black Community Served
- Low to moderate income areas
- Low-income areas
- Rural areas
Targeted Entrepreneur Segments
- Construction
- Manufacturing
- Wholesale & Retail Trade
- Transportation & Logistics
- Finance and Insurance
- Management
- Educational Services
- Arts
- Entertainment
- Accommodation & Food Services
Business Stage
- Scale Up : a business that already validated its product in a market and has proven sustainable.
- Start Up : a young business that is just beginning to develop and determine a market fit.
Cost of Programs
- Free