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SSTI Digest

Geography: Oklahoma

OCAST to Create Commercialization Center

The Oklahoma Center for the Advancement of Science and Technology (OCAST) is creating the Oklahoma Technology Commercialization Center. The Center will help technology-based firms assess their commercialization needs, guide them through the commercialization process, and link them to a network of technology sources and commercialization assistance services.

The Center will provide access to specialized business development services, early-stage risk financing, and help in transferring technology.

"OCAST's goal for the project is to increase per capita income in Oklahoma by achieving a critical mass of technology-oriented companies and entrepreneurs within the state, thereby attracting other similar firms," said Sheri Stickley, OCAST's director of Technology Development Programs.

Stickley said the Center will accomplish this by:

Funding Continued for Oklahoma Program

The Oklahoma Alliance for Manufacturing Excellence, Inc. will receive $1.5 million from the National Institute of Standards and Technology's Manufacturing Extension Partnership (MEP). The Alliance, a program of the Oklahoma Center for the Advancement of Science and Technology, is an MEP affiliate that received its initial federal funding through the Technology Reinvestment Project.