Grant approved for north Tulsa development
In mid-May, U.S. Secretary of Commerce Gina Raimondo announced the Economic Development Administration awarded a $3 million grant to create the business and entrepreneurship center. The Indian Nations Council of Governments (INCOG) has approved a $3 million grant for Greenwood Entrepreneurship @ Moton, a former hospital in north Tulsa. The grant will be used to support the renovation and repurposing of the former hospital. The Economic Development Administration awarded the grant to create the business and entrepreneurship center near historic Black Wall Street. GEM will provide local entrepreneurs with resources and opportunities to succeed. The original Moton opened in 1932 as a replacement for the Maurice Willows Red Cross Hospital. The name was changed in 1983 to honor Dr. W.A. Morton.
게시됨 : 11개월 전 ~에 의해 ~에 Business
In the summer of 2023, the Indian Nations Council of Governments assisted the Tulsa Economic Development Corp. with a federal funding request to support the renovation and repurposing of a former hospital that will become Greenwood Entrepreneurship @ Moton .
In mid-May, U.S. Secretary of Commerce Gina Raimondo announced the Economic Development Administration awarded a $3 million grant to create the business and entrepreneurship center.
“This investment in Tulsa will turn a former place of healing into a place of opportunity, supporting broad-based entrepreneurial services to bolster small businesses, helping everyone in the region, especially historically underserved communities, to thrive,” said U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo.
Located near historic Black Wall Street, GEM “will be an entrepreneurial hub and support center that will help provide local entrepreneurs with the resources and opportunities that will help them succeed,” an INCOG news release said.
The original Moton, a municipal hospital, opened in 1932 as a replacement for the Maurice Willows Red Cross Hospital, which had begun serving patients at 314 N. Hartford Ave. in the wake of the destruction of Black Wall Street. Moton was named for Robert Russa Moton, an African-American educator and second superintendent of the renowned Tuskegee Institute.
After Moton briefly closed in the late 1960s, it reopened as a clinic, and two other buildings were added to the small complex over the next decade. The name was changed in 1983 to honor Dr. W.A. Morton, a local physician. In 2006, operations transferred to a new 60,000-square-foot clinic less than a half-mile away at 1334 N. Lansing Ave., Morton Comprehensive Health Services.
Volt, a Tulsa-based messaging operations infrastructure platform that enables software companies to integrate with multiple SMS providers and streamline number registration compliance and delivery reporting, announced the closing of its $3 million seed round.
The round was led by Mercury, with participation from Atento Capital, Uncorrelated Ventures, Stout Street Capital, and Yellow Rocks. The new funding will enable Volt to further enhance and accelerate its product development and strategically expand its team.
SMS is a technology for sending short text messages between mobile phones.
The SMS marketplace has grown significantly in recent years as a result of increased marketing and customer support efforts, evidenced by a 20.3% compound annual growth rate from 2019 to 2025, according to a news release.
Volt, launched in the middle of 2022, was founded by Martin Langelo Lien and Matt Morfopoulos. The idea for the business was born out of the founders’ experience with the inefficiencies of compliance for SMS operations firsthand while running a text marketing company for three and a half years, during which they recognized the fundamental need for infrastructure to ensure compliance was maintained across carriers.
Volt was built to help companies manage the complexities of large-scale text messaging and significantly reduce the engineering hours spent on the upkeep of internal infrastructure.
Tulsa-based GPA Midstream Association announced Sarah Miller will replace Joel Moxley as the top executive.
Miller’s career includes 17 years with Williams Companies, including serving as the company’s senior vice president and general counsel. As a shareholder and director practicing in the energy and natural resources group at the law firm of Hall Estill based in Tulsa, Miller has served as GPA Midstream’s general counsel since October 2019.
Her legal practice focuses on commercial contracting for midstream service companies and producers, construction and procurement contracting, acquisition and divestitures, and corporate governance.
Shaping the U.S. midstream energy sector since 1921, “GPA Midstream sets standards for natural gas liquids, develops simple and reproducible test methods to define the industry’s raw materials and products, manages a worldwide cooperative research program, provides a voice for the industry on Capitol Hill, and is the go-to resource for oil and gas technical reports and publications,” a news release said.
— From Staff Reports