Oklahoma Department of Commerce

Oklahoma Department of Commerce

Department of Commerce logo
Agency overview
Formed	1987
Preceding agency	Department of Economic and Community Affairs
Headquarters	900 N Stiles Avenue Oklahoma City
Employees	185 (FY11)
Annual budget	$300 million (FY11)
Minister responsible	Larry Parman, Secretary of Commerce
Agency executive	Larry Parman, Director
Website	www.okcommerce.gov

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.^[1]

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.^[2]

Program	Number of Employees
Administration Executive Services Human Resources Financial Services	43
Community Development Community Development Services Main Street Center	32
Business Promotion Business Development Services International Trade Promotion	20
Business Recruitment	8
Research and Analysis	10
Workforce Services	12
Total	125

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:^[3]

Division	Budget (in millions)
Operational Support	$8.4
Community Development	$22.8
Global Business	$4.3
Economic Development Contracts	$265.6
Total	$300.6

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

1. http://newsok.com/governor-fallin-names-new-commerce-secretary/article/3892051
2. FY 2014 State Budget, Oklahoma Office of Management and Enterprise Services
3. FY 2010 Department of Commerce Approrpations Bill. Oklahoma Legislature

External links

• Department of Commerce homepage