Oklahoma Department of Commerce

Updated on Dec 01, 2023

Edit

Comment

Formed 1987 Annual budget $300 million (FY11)		Employees 185 (FY11)
Preceding agency Department of Economic and Community Affairs Headquarters 900 N Stiles Avenue Oklahoma City Minister responsible Larry Parman, Secretary of Commerce

The Oklahoma Department of Commerce is a department of the government of Oklahoma under the Oklahoma Secretary of Commerce. The Department is responsible for the supporting local communities, stimulating growth of the existing businesses, attracting new business, and promoting the development and availability of a skilled workforce. The Department is the lead agency for economic development in the state. The Department is led by and under the control of a Director appointed by the Governor of Oklahoma, with the approval of the Oklahoma Senate, to serve at the pleasure of the Governor.

The current Cabinet Secretary is Larry Parman, who was appointed by Governor Mary Fallin in October, 2013. Governor Fallin also appointed Parman as Director of the Department concurrent with his service as Secretary.

The Department of Commerce was established in 1987 during the term of Governor Henry Bellmon.

Mission

To increase the quantity and quality of jobs available in Oklahoma by:

Supporting communities;

Supporting the growth of existing businesses and entrepreneurs;

Attracting new businesses; and

Promoting the development and availability of a skilled workforce.

Leadership

The Department is led by the Secretary of Commerce and the Director of the Department of Commerce. Under Governor of Oklahoma Mary Fallin, Larry Parman is serving concurrently in both positions.

Organization

Cabinet Secretary

Director

Deputy Director

Business Customer Services Division

Business Development Services - responsible for the retention and creation of jobs in existing businesses

International Trade Promotion - responsible for promoting export trade and the attraction of foreign direct investment

Shanghai, China Trade Office

Jerusalem, Israel Trade Office

Mexico City, Mexico Trade Office

Berlin, Germany Trade Office

Community Development Division

Community Development Services - responsible for providing technical assistance to and financial investment in local communities

Main Street Center - responsible for providing training and technical assistance for preservation-based commercial district revitalization

National Recruitment Division - responsible for recruiting new business investment

Research and Analysis Division - responsible for providing information and analysis on State's business climate, tax incentives, and business advantages

Deputy Director and General Counsel

Executive Services Division - provides administrative support services to entire Department

Human Resources Division - provides all personnel services for Department

Financial Affairs Division - provides financial services to the Department

Deputy Secretary of Commerce for Workforce Solutions

Workforce Development Division

Staffing

The Commerce Department, with an annual budget of $100 million, is one of the smaller employers of the State. For fiscal year 2011, the Department was authorized 125 full-time employees in FY2014.

Budget

The Commerce Department has an annual budget of several hundred million dollars, making it one of the smaller appropriated agenices of the State. For fiscal year 2011, the Department's budget consists of 20% in annual appropriations and 80% in federal grants. The Department's divisions have the following budgets:

Supporting Agencies

Oklahoma Housing Finance Agency

Oklahoma Department of Labor

Native American Cultural & Educational Authority of Oklahoma

Oklahoma Economic Development Databases

Oklahoma Space Industry Development Authority

References

Oklahoma Department of Commerce Wikipedia

(Text) CC BY-SA

Contents