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Oklahoma OCAST Industry Innovation Program
R&D / Tech · Oklahoma Center for the Advancement of Science and Technology (OCAST) · OK
The Oklahoma OCAST Industry Innovation Program is a state grant from OCAST that gives non-dilutive funding of $10,000 to $500,000 to Oklahoma businesses in aerospace/defense, energy diversification, or biotech, provided they contribute a matching amount of their own.
The Oklahoma OCAST Industry Innovation Program is a state-level grant offered by the Oklahoma Center for the Advancement of Science and Technology (OCAST). It provides non-dilutive grants ranging from $10,000 to $500,000 to help Oklahoma-based private-sector companies improve industry efficiency and move products or processes toward commercialization. Non-dilutive means recipients do not give up equity or ownership in exchange for the funds.
This program targets three key sectors: aerospace, autonomous systems and defense; energy diversification; and biotechnology/life sciences. Companies applying must be based in Oklahoma and must complete at least 51% of the funded project work within the state. A significant requirement is the 1:1 match — applicants must provide matching funds equal to the grant amount, meaning this program is best suited for businesses that already have some capital or in-kind resources to contribute.
For a small-business owner in one of these targeted industries, this program could be a meaningful source of non-repayable funding to support research, product development, or process improvements — but the matching requirement means it's not free money without a financial commitment on the company's part.
Deadlines are listed as 'check current rounds,' meaning this is likely a competitive, cyclical program rather than one with a fixed annual deadline. Because the summary data notes this information should be confirmed for 2026, applicants should verify current award amounts, open application rounds, and detailed eligibility criteria directly at the official OCAST site before applying. This listing is based only on the facts provided and should not be treated as a complete or current representation of program terms.
Who qualifies
How to apply
Questions people ask
Is this a grant or a loan?
It is a non-dilutive grant, not a loan, so it does not need to be repaid as debt.
Do I have to pay the money back?
No, but you must provide a matching contribution equal to the grant amount (1:1 match).
Who is eligible?
Oklahoma-based private-sector companies with projects in aerospace/autonomous systems and defense, energy diversification, or biotechnology/life sciences.
How much funding can I get?
Grants range from $10,000 to $500,000, according to the award amount note provided.
What is the matching requirement?
Applicants must provide a dollar-for-dollar (1:1) match to the grant funds.
What is the deadline to apply?
The data indicates to check current rounds; confirm the current deadline at the official source.
Where do I apply?
Applications are submitted through the official OCAST funding page: https://oklahoma.gov/ocast/funding-opportunities/oklahoma-applied-research-support.html
Is this grant taxable?
Confirm at the source; this is not addressed in the available information.
Which state is this program for?
This program is limited to Oklahoma-based businesses.
What industries does this program target?
Aerospace/autonomous systems and defense, energy diversification, and biotechnology/life sciences.
Do I need to do the work in Oklahoma?
Yes, awardees must complete at least 51% of the funded project work in-state.
Who runs this program?
The Oklahoma Center for the Advancement of Science and Technology (OCAST) administers this grant.
Is this a one-time grant or ongoing program?
Confirm at the source, as the data does not specify whether this is a recurring or one-time opportunity.
Opportunity number: not published. Source: curated + verified (official state source, 2026). GetFundedUSA is independent and not affiliated with Oklahoma Center for the Advancement of Science and Technology (OCAST); always confirm current deadlines, amounts and eligibility on the sponsor's own page before applying.