About OCAST

Oklahomans have thousands of great ideas. Like a geologist sifting through rocks, OCAST carefully examines these brilliant ideas to find the ones with the most potential for economic benefit to our state.

Many Oklahomans would be surprised to hear about some of the groundbreaking, globally-recognized work being done in Oklahoma. Cures and treatments for dreaded diseases, processes to improve the efficiency of energy production and technology innovations to help the military ensure our safety are all being developed by Oklahomans. But even the best ideas can struggle when they first begin. That is where OCAST comes into the picture.

Just as a geologist sifts through rocks to find precious stones, OCAST identifies ideas that have the greatest potential for return to our state – those that have the most promise of commercial success. Once we identify those ideas, we provide companies and researchers with early stage funding to develop their ideas so that federal agencies, national foundations and private investors take notice – giving the companies sometimes millions of dollars to move their ideas to realization. This money allows Oklahoma companies to bring new jobs, products, tax revenue and a better quality of life to our state.

As you read through the 2011 Impact Report and see some of the shining examples of Oklahoma companies, you’ll find that science and technology touches all corners of our state and advances each industry sector. From energy to agriculture and from health to manufacturing, an investment in science and technology is an investment in Oklahoma’s future.