ORGANIZATION
AMOUNT REQUESTED
$8,000,000
STATUS
None
OKLAHOMANS PROJECTED TO BENEFIT
0-25,000
ESTIMATED PROJECT DURATION
6-12 months
IMPACTED COUNTIES
Statewide
PROJECT PURPOSE
We make a high quality carbon from waste wood and landfill diversion. This carbon will then used to remediate spills from the oil and gas industry within Oklahoma. We also will remediate toxic Superfund sites and brownfields. Lastly, we will sequester the carbon and increase crop yields for our farmers.
EVIDENCE
None
POPULATION DESCRIPTION
Jobs will be created for Native Americans The raw wood materials will be sourced from Native American lands and the use of the product will benefit Native American lands by remediating toxic soils and increasing crop yields among Native American farmers. Native Americans suffered unemployment disproportionately through the pandemic as they greatly depended on entertainment and tourist revenue.
PERFORMANCE MEASURING
Hire 20 full time employees, source several million in equipment from Oklahoma businesses creating many indirect jobs, and have an economic impact of over $10 million annually in Oklahoma.
ONGOING INVESTMENT AMOUNT
$
ONGOING INVESTMENT DESCRIPTION
None
ONGOING INVESTMENT REQUIRED
Able to continue operation without additional funding from the State of Oklahoma
PROGRAM CATEGORY
Addressing Negative Economic Impacts
PROGRAM SUBCATEGORY
Aid to Other Impacted Industries
FEDERAL GRANT AMOUNT
$
FEDERAL GRANT DESCRIPTION
None
HQ COUNTY
Oklahoma
ENTITY TYPE
Small business (<$5M revenue annually)
Data source: Oklahoma Office of Management and Enterprise Services / More information ยป