SSTI Digest

Geography: Oklahoma

People in TBED

Greg Main, Oklahoma's former secretary of commerce, has been named president and CEO of the Oklahoma Technology Development Corp., which runs the Oklahoma Technology Commercialization Center.

OCAST Building A Strong Tech-based Future

The Oklahoma Center for the Advancement of Science and Technology (OCAST) has provided the state an 8:1 return on its $78 million investment since 1993, according to From Concept to Commercialization, a new OCAST impact report, and accompanying press release. The state's leading organization for building a tech-based economy finds its client companies also have enjoyed a 90 percent survival rate.

OTDC Seeks President and Chief Executive Officer

The Oklahoma Technology Development Corporation (OTDC), a private, not-for-profit corporation dedicated to the creation and expansion of high-technology businesses in Oklahoma, is seeking a President and Chief Executive Officer. OTDC operates the Oklahoma Technology Commercialization Center, a state-funded initiative of the Oklahoma Center for the Advancement of Science and Technology designed to stimulate and encourage technology-based business growth and assist with the processes of technology commercialization and early stage business development.


Randy Goldsmith resigned as President & CEO of the Oklahoma Technology Development Corp to assume the role of President and CEO of the San Antonio Technology Accelerator Initiative.

14-Member Team Authors Projections for Oklahoma Economy

Meeting Challenges in the New Economy, recently released by the Oklahoma Center for the Advancement of Science and Technology (OCAST), presents a comprehensive look at Oklahoma's position in science and technology. 

In the report, an advisory team of 14 individuals suggests future initiatives and action in areas critical for Oklahoma's progress in economic growth. Longitudinal databases are used to provide insight and monitor progress in the areas, which are arranged in the following categories: Funding In-Flows, Human Resources, Capital Investment and Business Assistance, and the Technology Intensive Business Base. 

The team selected three areas of emphasis under most categories and compared Oklahoma's national ranking in 1997 (most current data available) with the rank they believe needs to be attained by 2005. Among the team's projections, some admittedly generous in likelihood, are the following: 

Oklahoma Creates Technology Institute

With the establishment of a $1 million trust fund to serve as seed money, the new Oklahoma Institute of Technology intends to position the state as a national leader in information technology, engineering, and biotechnology. Governor Frank Keating signed Senate Bill 694 into law June 8, creating the public-private collaboration. Tulsa World news reports indicate supporters of the institute anticipate raising a $100 million endowment for the project and securing additional state support.

OCAST Committee Recommendations to Energize Economy

Oklahomans need “to make fundamental changes in the way we see ourselves and the way we do prevent us from slipping farther and farther behind, languishing on the sidelines of the New Economy,” according to a 14-member committee of public and private sector leaders. 


Bill Sibley has been named as President of the Oklahoma Center for the Advancement of Science and Technology. Mike Irby, who has been serving as Acting President for OCAST, will be retiring at the end of the year.

Position Available

The Oklahoma Center for the Advancement of Science and Technology (OCAST) is seeking a chief executive officer. OCAST's statutory mandate is to contribute to the public policy goals of expanding and diversifying Oklahoma=s economy, providing new and higher quality jobs to improve Oklahoma's per capita income and encouraging the development of new products, new processes, and whole new industries in Oklahoma. The full description can be found on the SSTI homepage at


Two of the state-wide issues Oklahomans will decide on November 3 would allow major changes in the way the state conducts technology transfer activities. The purpose of the initiatives is to promote the commercialization of university research and support university innovation.

OCAST Opens Commercialization Center and Seeks Executive Director

The Oklahoma Center for the Advancement of Science and Technology (OCAST) has announced the launch of the Oklahoma Technology Commercialization Center (Tech Center).

OCAST to Create Commercialization Center

The Oklahoma Center for the Advancement of Science and Technology (OCAST) is creating the Oklahoma Technology Commercialization Center. The Center will help technology-based firms assess their commercialization needs, guide them through the commercialization process, and link them to a network of technology sources and commercialization assistance services.