INCUBATOR SPACE                  opportunities for your company by                                                              Greenwood Chamber of Commerce was founded in
       AVAILABLE OFFICE SPACE                                                                          Greenwood
                                          representing the business owners’ interest in                                                  1938 by a group of North Tulsa businessmen. It
                                                                                                   CHAMBER OF COMMERCE, INC.
     Available for immediate occupancy.   areas crucial to community growth, stability,                         &                        was organized to provide an effective medium for
      Monthly Lease Rates ranging from                                                            BUSINESS RESOURCE CENTRE
              $225.00 - $440.00.          economic well being, employment and
                                                                                                                                         business, civic, and social expression.        The
                                          empowerment. It helps communicate business

                                          and community concerns to elected officials                                                    Chamber was an active force in the early

                                          and regulatory agencies by providing strong                                                    development of the Greenwood Business District,

                                          legislative advocacy. This is further proof that                                               known throughout the ‘30s and ‘40s as ‚Black
                                          the Greenwood Chamber of Commerce met the
                                                                                                                                         Wall Street‛. In the late ‘70s, the Chamber led the
                                          challenge of the past and is sufficiently
                                                                                                                                         renaissance of the Greenwood District.        This
                                          equipped with the talent, energy and focus to

                                          do greater things in the future.                                                               rebirth brought about the renovation of ten (10)

                                                  With your patronage, the Greenwood                                                     remaining historic buildings presently known as

                                          Chamber of Commerce can continue to answer
                                                                                                                                         the Greenwood Centre. The Greenwood Chamber
                                          the call to ‚Build a Better Tulsa‛ in the years
                                                                                                                                         of Commerce is a limited partner in the Centre.
                                          to come. Your support is imperative as the
                                                                                                                                                  Today, the Greenwood Chamber of
                                          Chamber strives to aggressively revitalize
                                                                                                                                         Commerce, Inc., operates under the same
                                          Tulsa. The Greenwood Chamber of Commerce,
                                                                                                                                         principles developed by its founders and returns
                                          Inc., invites you to endorse these efforts by
                                                                                                                                         to the forefront of the economic and community
                                          choosing to become a Member. Please call
                                                                                                                                         resurgence of, not only the historic Greenwood
                                          (918) 585-2084 for membership information.
                                                                                                                                         District, but also the North Tulsa Community.

                                                                                                                                         The Chamber operates the Greenwood Business
                                                                                             121 & 131 N. Greenwood Avenue - 2nd Floor
For information call:                                                                               Tulsa, Oklahoma 74120-1444           Resource Centre, which is a part of the
(918) 585-2226                                                                                       Chamber: (918) 585-2084
                                                                                                  Resource Centre: (918) 585-2226        Chamber’s ‛economic development ‚ program.
Greenwood Chamber... Increasing                                                                         Fax: (918) 585-9268
           GENERAL INFORMATION                                                                                                                                       3.      Applicants must have the capability to
The Greenwood Business Resource Centre was                DISBURSEMENT CONTROL PROGRAM                            MANAGEMENT/TECHNICAL ASSISTANCE                            repay loan as evidenced through usage
established in 1995. It is operated by the Greenwood                                                                                                                         of a viable business plan. Start-up
                                                         This concept assists businesses with monitoring     The scope of this program involves some "on-site"
Chamber of Commerce and is a part of the                                                                     management assistance to existing businesses                    businesses must have a cash equity
                                                         accounts, receipts and disbursements until                                                                          injection of at least ten (10%) percent.
Chamber's "economic development" program. The                                                                inclusive of but not limited to the following:
Centre is designed to nurture fledgling and start-up     respective owners are positioned to handle the
businesses. This is accomplished by providing            company's fiduciary matters in a prudent            ·        Establishment of Internal Control Systems
business     incubator      office   space,    certain   manner. Assistance in this area is inclusive of               ...Filing
management/technical assistance and administrative       but not limited to the following:                             ...Record Keeping
support services that will stabilize and/or spur                                                                       ...Invoicing                                       EXISTING BUSINESS PREREQUISITES
business growth.                                         ·       Maintenance of Business Checking            ·        Structuring Financial Statements
                                                                                                                                                                     1.      Must have been in operation for at least
                                                                 Account                                     ·        Establishment of Banking Relationships
The Centre is located in the Historic Greenwood                                                                                                                              one (1) year, and show evidence of a
                                                         ·       Act in Capacity of Second Signatory         ·        Business Counseling
Business District, a nostalgic retail and commercial                                                                                                                         physical commercial business location.
                                                                                                             ·        Plan Development
shopping corridor. It is immediately accessible to               Agent
                                                                                                                      ...Business Plans
downtown Tulsa, OSU-Tulsa, Langston-Tulsa,               ·       Maintenance of Company's Receipts &                                                                 2.      Must be registered with the appropriate
Greenwood Cultural Center, I-44, I-244, and other                Disbursements                                                                                               local, state, and/or federal government
                                                                                                                      ...Personal Development
major highway arteries.                                  ·       Establishment of Vendor Relationships                                                                       agencies where licenses and/or permits
                                                                                                                      ...Feasibility Studies
                                                                                                                                                                             are required for operation.
                                                         ·       Structuring Proposals & Contracts           ·         Financial Packaging
    BUSINESS RESOURCE CENTRE STAFF                                                                           ·          Loan Facilitation
                                                                                                                                                                     3.      All business and personal taxes must be
                                                             ADMINISTRATIVE SUPPORT SERVICES                 ·         Identification of Other Resources                     current. In the event of outstanding tax
                 Reginald King                                                                                         ... Business Training
            Resource Centre Manager                                  & FEE SCHEDULE                                                                                          liabilities, applicants   must     show
                                                                                                                       ... Seminars                                          documented proof of a current repayment
                                                         The business public also benefits from use of the
                  Angela Gunn                                                                                                                                                plan and designated trustee.
                                                         Greenwood Business Resource Centre through                       MICRO LOAN PROGRAM
         Financial Operations Associate
                          ~                              utilization of programs and support services. The
                                                                                                                                                                     4.      Operating at a profit and/or break even
                   Dawn Jehs                             services are offered on a fee basis:
                                                                                                             The Micro Loan Program offers loans ranging from                point or be able to realistically project a
        Administrative Support Specialist
                                                                                                             $500.00 - $35,000.00. Loans may be used for                     marginal profit within a six (6) month
                                                                SECRETARIAL - $7.00 per hour
                                                                                                             equipment purchase, accounts receivable, inventory              period.
           BUSINESS INCUBATOR                                   COPYING -         $0.10 per copy
                                                                                                             financing, contract financing, permanent real
The Business Incubator space is designed to                     WORD PROCESSING - $8.00 per hour            estate/improvements, and working capital. This          5.      Must have a business plan or have a plan
nurture small businesses by providing an                        Document Binding - $10.00 per document      added incentive assists businesses in meeting capital           developed prior to loan application.
environment that reduces some of the risk involved in           Basic Bookkeeping $9.00 per hour            needs. Participating partners are:                              Should Greenwood Business Resource
operating a company. Some of the advantages of a                Notary Services - $2.00 per document                                                                        Centre develop the business plan on
business incubator are:                                         Fax Services - $2.00 per document           Community Development Financial Institution Fund                behalf of the applicant, a fee will be
                                                                Other Services                                                                                              assessed.    Payment of such will be
                Shared Services                                  Business Plan                    $500.00    U.S. Small Business Administration                              negotiated at time business plan is
                Reasonable Rent                                  Marketing Plan                    500.00                                                                    discussed.
           Access to Support Services                            Feasibility Study                 150.00    Community Development Block Grant Fund
                    Access to                                    Personal Development Plan         150.00                                                            6.      Must be able to pay a non-refundable
            Business, Management,                                                                                              ELIGIBILITY CRITERIA                          application fee at the time of loan
        Financial & Technical Assistance                          FEES subject to be HIGHER                                                                                  application.
             Telephone Answering                                  based on Extent of Services                The Micro Loan Program is designed to assist
          Centralized Mail Pick-Up/Drop                                                                                                                              7.      Must show evidence of a business bank
                                                                                                             in the capitalization of for-profit businesses,
                                                                                                                                                                             account and/or be willing to establish one.
                                                                                                             excluding financial institutions and organizations,
Encompassed in the space are individual                                                                      and must meet the following criteria:
offices, a break room with refrigerator, wet sink,
microwave oven, spacious reception area and a                                                                    1.       All applicants must be clients and/or
private conference room. Monthly lease rates are as                                                                       tenants of the Greenwood Business
low as $225.00. Additional leasing information can                                                                        Resource Centre.
be obtained by calling (918) 585-2226.
                                                                                                                 2.       All applicants must have completed TAEO
                                                                                                                          Business Training curriculum-unless
                                                                                                                          otherwise exempt.

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