The Oklahoma Center for the Advancement of Science and Technology (OCAST) sends this information as posted below:
OKLAHOMA CITY, OK — The Oklahoma Center for the Advancement of Science and Technology (OCAST) has announced the opening of its FY26 Industry Innovation Program, a competitive funding opportunity designed to improve industry efficiency and support product/process commercialization across Oklahoma’s key industry sectors: aerospace/autonomous systems and defense, energy diversification, and biotechnology/life sciences.
Starting July 1, 2025, eligible Oklahoma-based private sector enterprises can apply for non-dilutive funding ranging from $10,000 to $500,000 to support high-impact, innovation-driven projects that address industry-specific challenges.
“This program is about solving real-world problems while stimulating economic growth and creating quality STEM jobs across Oklahoma,” said OCAST’s Executive Director Jennifer McGrail. “It’s a strategic, future-focused investment in Oklahoma.”
The Industry Innovation Program supports companies in validating technologies, attracting technical talent, building partnerships, and acquiring critical resources. Projects must demonstrate practical applications, a high potential for commercialization, and a measurable impact on the state’s innovation ecosystem. Applicants may subcontract essential services, such as research and development, engineering assistance, and business development, enabling participation even if they lack certain internal capabilities.
Applications are due by July 31, 2025, and award announcements are anticipated after September 16, 2025.
Companies interested in applying should register through the OCAST Funding Portal at OCAST.ok.gov, which will open July 1, 2025. To be eligible for funding, applicants must be registered suppliers with the State of Oklahoma and meet all outlined criteria.
For complete program details and eligibility requirements, view the FY26 NOFO at OCAST.OK.Gov or contact the OCAST team.
Free Press curates press releases from organizations and people we know to be reputable. If you would like to submit a well-written press release for us to publish on our site, please click the email icon at the top of this page.
