Funding Opportunities
OCAST is Oklahoma’s only state agency solely focused on technology-based economic development. Funded entirely through state appropriations, OCAST is uniquely positioned to bridge the gap between innovation and industry —moving those ideas from concept to commercialization.
Through a network of strategic partnerships, OCAST offers a continuum of funding programs and services that accelerate innovation, support job creation, build collaborations and strengthen Oklahoma’s economy. These opportunities serve entrepreneurs, manufacturers, and high-tech startups and early-stage companies across the state.
Whether you're seeking support for basic or applied research, looking to launch or grow a tech-based business, or pursuing federal funding, OCAST is here to help. Explore the programs below to find the opportunity that’s right for you. If you don’t see what you’re looking for, visit our About page to learn more about our work with industry, education, research institutions federal partners, and economic development organizations across Oklahoma and beyond.
Industry Innovation Program
Secure non-dilutive capital to move your innovative project toward market launch. OCAST awards up to $500,000 in funding to companies leading innovation projects that have the potential to create economic impact in Oklahoma.
Seed Capital Investment
OCAST supports entrepreneurs, researchers, and companies across Oklahoma in commercializing their technologies, launching and growing new businesses, and accessing capital when they need it most.
Commercialization Network (OCN)
A statewide resource that centralizes the strengths of Oklahoma’s entrepreneurial system. Where tech startups can access the resources, expertise, and connections to support them. Designed for all Oklahoma-based startups
Small Business Research Assistance
The SBIR and STTR programs support scientific excellence and technological innovation through investment. Researchers and entrepreneurs win seed funding to launch new products and grow their business.
Technical Assistance Program
As part of the American Rescue Plan Act of 2021, OCAST has received up to $81.6 million in U.S. Treasury/State Small Business Credit Initiative (SSBCI) funding to enhance access to capital for startups and small businesses in Oklahoma.
Business Lending Partnership Program
The Oklahoma Business Lending Partnership Program provides up to $32.7 million in nondilutive loans. Funds are administered through TEDC Creative Capital. Terms are flexible, and support businesses throughout Oklahoma.
Venture Capital Investment
Investing nearly $49 million of SSBCI dollars in Oklahoma-based venture funds. OCAST will award SSBCI dollars to Oklahoma-based venture funds for the purpose of making investments in Oklahoma-based innovation companies.
Product Manufacturing Assistance
OCAST supports Oklahoma manufacturing through a network of trusted experts. We offer free technical assistance and business advice to manufacturers to support them as they grow and evolve.
Inventor's Assistance Program
For new product development, OCAST provides preliminary patent searches, market analyses, manufacturing referrals, engineering analyses, prototyping, and drawing/model design services.
Rural Investment Accelerator
Bringing to life the biggest innovations and brightest ideas rural Oklahomans have to offer.
Build in Tulsa TechStars Accelerator
Focused in Tulsa, an industry-agnostic program focused on underrepresented founders.
Oklahoma City Accelerator
A 12-week in-person, concierge experience for high-growth startups.
