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Industry Innovation Program

Industry Innovation Program

Funds Oklahoma-based private-sector companies conducting R&D in aerospace, defense, biotech, or energy with non-dilutive grants of $10,000 to $500,000.

ClosedOklahoma Center for the Advancement of Science and TechnologyUnited StatesEligible in Oklahoma

The Industry Innovation Program (IIP) is a non-dilutive R&D grant administered by the Oklahoma Center for the Advancement of Science and Technology (OCAST) under Oklahoma's 2021–2026 Science and Innovation Strategic Plan. It was previously called the Oklahoma Applied Research and Support (OARS) Program. Awards range from $10,000 to $500,000 per project, and applicants must match every dollar of OC…

Aerospace/Autonomous Systems and Defense, Biotechnology/Life Sciences, and Energy Diversification β€” established or emerging technologies within these three sectors vital to Oklahoma's economy.

CycleiHow often this grant runs β€” e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.β€”
Decision timeiTypical time from the deadline to the funder's decision.7 weeks
Project durationiHow long the funded work is expected to run.β€”
Award typeiThe form of funding β€” grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.100%
Funding pooliThe total budget available across all awards in this round.β€”

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Last verified: 22 Jul 2026Source: oklahoma.gov