Author Archives: gurustu

Gilmer J. Capps, Lawton, is one of 31 individuals from across the state that graduated from the Oklahoma Citizens Academy.  This is a program of the Oklahoma Community Institute.  In its seventh year, the Citizens Academy seeks to increase the number of local leaders that are making a positive impact on the development of their communities. Capps serves Rural Enterprises of Oklahoma, Inc. (REI) as field representative marketing the organization’s financing and business development services in southwestern Oklahoma. His responsibilities include visits with lenders, working with entrepreneurs and economic development partners. In addition he makes presentations to community leaders and … Continue reading →

Folks in the rural small community of Allen, OK are celebrating the expansion of J & Exchange, Inc., into their business incubator.  J & S Exchange located to Allen to accommodate its transportation and construction services business.  The company transports bulk material to road construction sites, primarily federal and state projects providing road bed stabilization services after the dirt work and before asphalt is applied. Joe and Sandra Nemecek said Allen was a perfect location for the expansion of their operation providing a convenient access south into Texas markets with Hwy. 75 providing similar convenience for northeastern Oklahoma and Arkansas. … Continue reading →

Bubbling hot corn chowder, zesty Jalapeno pepper relish, a moist whiskey cake, creatively iced cookies and pasta with a rich marinara sauce were some family favorites tried and tested at the recent “Starting a Food Business” workshop hosted by the Women’s Business Center (WBC) of Rural Enterprises of Oklahoma, Inc.  Over 20 food entrepreneurs attended the workshop and almost all brought samples of their specialty for the taste test.  A tour of REI’s commercial kitchen was also part of the workshop. Featured presenter was Andrea Graves, OSU Food & Agricultural Products Center, who provided information on labeling and UPC codes, … Continue reading →

March 30, 2010 – Turning Family Recipe Into Marketable Product Is Focus of April Workshop Have a favorite family recipe you think is marketable?  How about the salsa or jelly you give to your friends? Want to test your product?  A free workshop sponsored by the Women’s Business Center (WBC) of Rural Enterprises of Oklahoma, Inc. (REI)  will address how to move your specialty food product into the marketplace.  The workshop will be held April 8 from 10 a.m. – 12 p.m. at the REI Conference Center, 2912 Enterprise Blvd., Durant. The workshop will provide answers to questions like “how … Continue reading →

Tom Seth Smith, President & CEO of Rural Enterprises of Oklahoma, Inc. (REI) has been selected to serve on the Community Development Advisory Council of the Federal Reserve Bank of Kansas City.  The Council advises the Federal Reserve Bank on current developments and emerging issues in community and economic development.  Council members are community and business leaders from the Tenth Federal Reserve District including Oklahoma, Wyoming, Nebraska, Colorado, Kansas, Missouri and New Mexico. The mission of the Federal Reserve Bank is to promote community development and fair and impartial access to financial products in the Tenth District. Smith, who is … Continue reading →

Think of it as physical therapy for your eyes.  Vision therapy integrates visual acuity, the sharpness of vision and seeing fine details, with the binocular function plus detailed brain activities.  It’s a sequence of therapy procedures individually prescribed to develop efficient visual skills and it can improve school performance for children.  A vision evaluation at the Oklahoma Vision Development Center will help determine if vision therapy will be beneficial. Rural Enterprises of Oklahoma, Inc. (REI) and Arvest Bank, Bartlesville, teamed up to facilitate the expansion utilizing the SBA 504 lending program.  This financial partnership allowed Dr. Monte Harrel to move … Continue reading →

The Goddard School has broken ground to launch this early childhood development franchise in Jenks, OK.  The economic development partnership of Union Bank, Tulsa, and Rural Enterprises of Oklahoma, Inc. (REI) was instrumental in getting construction underway.   The SBA 504 lending program was utilized for real estate, construction, machinery and equipment. Business owners are Jennifer and Guy Arthur Richey with Jennifer serving as on-site director.  The Richey’s are constructing an 8,000 sq. ft. facility designed to accommodate approximately 140 children from six weeks to six years old.  The new School is projected to open this summer and will offer … Continue reading →

Founded over 20 years ago, the New Product and Process Fair has been inspiring the creativity of young and old alike. This year’s Fair in Oklahoma City was no exception with a total of $9,900 awarded to winners in the various divisions. Fair Grand Prize Winners were Teri Ward, Sand Springs; Jamie McCracken,Mannford, small business division and Veronica Senkowski, secondary division, Oklahoma City. Ward’s entry, Copper Bella Copper Plated Thermoplastic, brings metal plated industrial grade plastic to the construction industry. Jamie McCracken’s BrainSavy Teaching Tool brings fun to learning and Veronica Senkowski’s “Square It” is a board game for the … Continue reading →

Rural Enterprises of Oklahoma, Inc. (REI) has released its year-end report on activities and economic impact from its services in 2009. “Even during a year when economic uncertainty prevailed, we are pleased to report that the financial impact from our economic development services in 2009 was $113,236,031,” said Tom Seth Smith, President & CEO. “We served 6,898 people last year, affecting 1,265 jobs and much of the credit for such a positive report goes to our network of partners helping us carry out our programs statewide.” Highlights of the economic impact are as follows: $50,898,746 in business financing was secured … Continue reading →

The Women’s Business Center (WBC) of Rural Enterprises of Oklahoma, Inc. (REI) is initiating a monthly Women’s Business Breakfast. The program will meet the first Thursday morning of each month, from 8:15 a.m. to 9:45 a.m., at the Colloquium Room, Presbyterian Health Foundation Conference Center, 655 Research Parkway, Suite 100, in Oklahoma City. For directions, please go online to www.phfcc.com/directions.htm. The initial meeting is scheduled for Thursday, January 7, 2010. Women business owners and professionals are invited to participate and share their experiences with those who share their interests. Learn how to market your business through interactive discussions and hear the … Continue reading →