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OCAST requests funding to expand industry innovation, capital access and a STEM internship program

2219702 · February 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Oklahoma Center for the Advancement of Science and Technology (OCAST) requested recurring and one‑time funds to expand its industry innovation program, to sustain a STEM internships initiative and to leverage federal and foundation matches for innovation projects.

Oklahoma’s innovation agency, OCAST, told the Senate Appropriations Committee on Feb. 4 it seeks modest recurring operational increases and larger investments to expand its industry innovation grants and a STEM internship program.

Why it matters: OCAST programs are intended to spur technology commercialization, small business growth and workforce development in science and tech fields; funding choices affect statewide economic development and federal match capacity.

Senator Seifried presented OCAST’s requests and Director McGrail, appearing before the committee, described three programmatic priorities: expanding the Industry…

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