Listen Now: Tulsa Offers $10,000 To Transplants To Boost Entrepreneurship
Tulsa, Oklahoma is looking for a few extra residents… and the city is making it worth your while.
Tulsa is offering ten thousand dollars to people who work from home or entrepreneurs looking for a new city for their new idea. In addition, if you stay at least one year you will receive cash that includes rent subsidies and stipends.
Called Tulsa Remote, the program is sponsored by the George Kaiser Family Foundation. Since going live earlier this month, the website has received more than six thousand applications.
The plan is to make the community more inclusive, boost the economy and bring in different types of businesses. The attempt to bring people to Tulsa is the latest effort to persuade people to consider small town living.
Since the recession, more people are choosing to settle in to big cities where jobs are a bit more plentiful. So in order to survive, small towns are paying for people.
The ten thousand dollars package is spread out over a year and covers moving expenses, rent and general cost of living, which in Tulsa is a lot less.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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