1. Land-cost Reduction: Reduce start-up investment costs. Reducing the land cost dependent on the number of jobs created, capital investment, and most importantly on the ownership of the land.

2. Facility Financing: Reduce annual operating costs through interest-rate reduction. Loans could be discounted or interest free. Funds could be provided from a local pool (which could be a group of already existing businesses in the county) targeted for economic development projects.

3. Micro Loan Program: The goal of the Micro Loan Program is to aid in expanding or start up businesses who hire persons in the low and moderate income level. The Micro Loan funds may be used-in such a way to provide jobs and business or as a loan along with a cooperating bank in Barber County. The maximum loan size is $15,000 to be used by an entity with five or fewer employees, one or more of whom owns the business. (Barber County has this)

4. Property Tax Exemption: The board of county commissioners or the governing body of a city may exempt certain business property from property tax. Qualifying properties must be used exclusively for manufacturing articles of commerce, conducting research and development, or storing goods or commodities that are sold or traded in interstate commerce. The tax exemption includes all or any portion of the appraised value of buildings, commensurate land and improvements, and associated tangible personal property. Property additions and expansions of existing businesses are eligible for the property tax exemption if new jobs are created as a result of such activity. A total or partial property tax exemption may be in effect for up to ten years after the calendar year in which the business commences its operations or an expansion is completed. This describes our existing Neighborhood Revitalization Program that Barber County has.

5. Infrastructure Assistance: Provide Local funds to develop on-site infrastructure, or the infrastructure supporting the site, e.g., utility and road extension.

6. Start-up Assistance: Local assistance with relocation and operation start-up that apply mainly to equipment. A one time offer of sales tax exemption based on the number of jobs. Also available for existing business expansion.

7. Utility Reductions (electric, gas, water, and sewer): Reduced annual operating costs through reduction of utility rates. Electric power costs can frequently be reduced through economic development riders. Water and sewer rates can be best negotiated in areas with significant excess capacity.

8. Customized Training: Training would apply to all skill levels. Training costs could include instructor salaries, curriculum planning and development, travel, supplies, manuals, and minor training equipment. Utilization of a local community college or technical school to develop a long-term training program. There are KIT and KIR grants in place through the Department of Commerce. Explore options to form a partnership with our local Colleges (Pratt & Northwestern Oklahoma State University & Technology Center) to conduct training.

9. Site Prep Work: Free/discounted site work preparation.