DURANT, Okla. (KTEN) — The City of Durant is investing in its local economy with a new grant program aimed at helping small businesses grow.

The Durant Industrial Authority is accepting applications for one-time grants of up to $5,000 for businesses in certain parts of the city. Owners can put the money towards expenses like renovations or marketing.

The money comes from a $200,000 pool. When all the money has been distributed, the DIA will approach the City Council to replenish the fund for the next year

"By putting these grants out there, we're offering that little push to help our business owners get the education they need to be successful, because we want them to be successful," said DIA executive director Lisa Taylor. 

To be eligible for the grant, businesses must have participated in the DIA's boot camp earlier this year, or complete 30 hours of training offered by the Oklahoma Small Business Development Center. They are also limited to no more than 15 employees.

"There's a lot of money that comes into larger corporations that come into our location, but there's not a lot of money and funds for those small businesses that have few employees," SBDC business advisor Nichole Tucker explained.

Kenzie Williams owns Ooh La La Glam Studio, coming up on its six-month anniversary. She plans to use grant money to supply her stylists with all the tools they need.

"We're all getting new ring lights, so every salon station has their own iPad, their own ring light, their own booster seat," Williams said. "It all should come equipped; only you and your skill is needed at Ooh La La."

Brittney Williams of Ellie's Closet, a children's clothing store, wants to focus on expanding her digital presence.

"I help local moms that have their own small niche, in maybe making bows, blankets, T-shirts," she said. "I want to make the website where you can order their items as well as mine in store."

Application deadlines are on the 20th of each month. More information and eligibility requirements are available on the City of Durant website.