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OCAST asks legislature for expanded funding to scale industry innovation, internships and capital access
Summary
Jennifer McGreal, executive director of the Oklahoma Center for the Advancement of Science and Technology, told the Appropriations Committee the agency has reorganized to support statewide innovation and is requesting targeted increases to fund more awards, internships and capital programs.
Jennifer McGreal, executive director of the Oklahoma Center for the Advancement of Science and Technology (OCAST), told the Appropriations and Budget Committee that the agency shifted its focus since 2021 from a narrow research‑centric model to a statewide innovation strategy and is seeking recurring funding to expand programs and access to capital.
McGreal said OCAST has restructured governance and programs: the Oklahoma Science Technology Research and Development (OSTRAD) board was reduced from 21 to nine members, with seven members required to come from emerging industries; the agency consolidated five grant programs into a single streamlined Industry Innovation Program and has stood up new capital access pilots, accelerators and a STEM intern program.
She presented FY 2024 impact numbers OCAST now publishes: OCAS programs and services reported 2,024…
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