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December 3rd, 2010 - OKCBiz Staff

OCAST board approves 13 applied research projects for $1.9 million over three years



OCAST applied research funds target technology that has potential to produce a commercially successful product, process or service that will benefit the state\'s economy.

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The Oklahoma Center for the Advancement of Science and Technology recently awarded $1.9 million to 13 research applicants, who are required to match the funding dollar for dollar. The research and development projects will be completed within the next three years.

"Our peer review process coupled with our match requirements make OCAST-funded applied research projects among the most respected in the nation," said Michael Carolina, executive director of OCAST. "The value of our selection process also helps validate the investment worthiness of our research projects. That is the reason our $196 million investment over the last 23 years has yielded $3.9 billion of leveraged or outside money for Oklahoma research."

OCAST applied research funds target technology that has significant potential for producing a commercially successful product, process or service with high potential to benefit the state's economy.

The applied research award winners include the following metro-area projects.

Oklahoma City:

 
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