EDGE Policy Board approves 12 of 62
applications for second step in funding process
EDGE Policy Board members Tuesday approved 12 pre-proposal applications from a field of 62, representing the third round in the funding process for the latest of Oklahoma’s economic development programs. This week’s step is part of an annual process from an endowment that backers hope eventually to reach $1 billion.
EDGE, or Economic Development Generating Excellence, has approximately $6.5 million for its third round of funding, according to Paul Risser, Ph.D., Executive Director of the EDGE Policy Board.
The 12 applicants are being asked to submit full proposals which will be due September 1st . Tuesday’s approved proposals include projects in biotechnology, information technology/telecommunications, sensors, weather science and energy with many projects overlapping into multiple categories.
The size of awards will be determined by the EDGE Policy Board which is chaired by Gary W. Derrick and consists of Thomas Kupiec Ph.D., Ken Levit, Gregory McKenzie, Bond Payne, and Stephen Prescott, M.D.
The EDGE Endowment Fund is managed by a legislatively-mandated Board of Investors which certifies the amount of funds available each year to the EDGE Policy Board, which in turn, determines how the money will be allocated.
The following principal investigators have been invited to submit full proposals:
Biotechnology
Energy
Information Technology/ Telecommunications
Sensors
Weather Science
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