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 or expand. 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.
TEDC receives funding from the U.S. Department of Housing & Urban Development's CDBG program as a City of Tulsa sub-recipient, the U.S. Small Business Administration, the U.S. Department of Treasury's CDFI Fund, and other public-private resources.