Working from home could become even more rewarding in this US city.
Tulsa is aiming to attract people by offering those who work remotely and entrepreneurs $14,746 to move there. If they agree to stay for at least one year, the workers will receive cash that includes rent subsidies and stipends.
The initiative in Tulsa is the latest effort to convince people to move to smaller cities. The programs dangle thousands of dollars in perks and incentives, hoping to draw in workers who might otherwise settle in major metropolitan areas. Since the financial crisis, the country's most prosperous cities have become more economically dominant. According to a Brookings Institution report on economic inequality, the rise of information technology has rewarded areas that are already densely developed.
Dubbed Tulsa Remote, the programme is sponsored by the George Kaiser Family Foundation, whose website for the initiative has received more than 6,000 applications since it went live earlier this month, according to Ken Levit, the executive director of GKFF.
Levit said Tulsa Remote is part of a broader strategy of making the community more vibrant and inclusive and boosting its economic development by energising and diversifying its businesses. "I am surprised and elated by the response, by the enormous amount of momentum out of the box," he said.