Oklahoma’s Entrepreneurs Could Secure New Funding

Investments in innovation can boost economies and keep an industry growing. This logic is exactly why Oklahoma is investing in entrepreneurs with the next big idea.

The Builders + Backers Idea Accelerator is offering all Oklahomans over 18 a chance to test their entrepreneurial ideas by providing up to $5,000 in non-dilutive grants. Applicants do not need a full-formed business plan and pitch. The application simply requires an idea.

Those selected will partake in a 90-day virtual program without needing to quit their day job. The program will take off in November. The deadline to apply is Sept. 29, 2024.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.