36 Degrees North announces nearly $600 million, five-year economic impact
7 Jul 2022
36 Degrees North, Tulsa’s largest hub for entrepreneurs, has generated a combined economic impact of $572.5 million over the last five years, the organization said Thursday.
Contained in its 2021 Economic Impact Report, the figures equate to a direct economic impact of $159 for every dollar invested.
For the year, 36 Degrees North served 387 member companies that created or retained 2,181 jobs and generated sales of $111.3 million. Additionally, companies at 36 Degrees North secured more than $25 million in external funding, with the majority (84%) coming from venture capital investment.
For all too many years, many if not most American cities turned their backs on the rivers responsible for their very existence. The thinking held that banks along those tributaries were best left to factories, warehouses, and industrial real estate. If detritus associated with manufacturing needed trashing, well, the rivers...
Watch Now: American Airlines adds nonstop flight from Tulsa to New York's LaGuardia AirportJul 4 2022
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