How the Oklahoma Seed Capital Fund Works:
To be eligible for OSCF an entrepreneur must be at the seed or early development stage of commercializing an advanced technology. OSCF seeks firms that have the potential to become high growth, advanced technology businesses that will contribute to the ongoing economic growth of the state.
Who is eligible?Investment CriteriaHow do you get the money? Is co-investment required?Deal TermsThe fund anticipates making up to 10 investments from $250,000 to $700,000 per year in rounds of up to $1 million. Investments will be determined by a traditional investment due diligence process that is timely, practical, and thorough.
The use of funds is based on the company’s submitted business plan. They may include such activities as developing the IP, building prototype, market study, implementing business operations, identifying the management team, and securing the management team.
Oklahoma Technology Commercialization Center
(OTCC) clients may access advice and guidance from OTCC enterprise directors during any stage of the OSCF process, from application to presentation preparation through due diligence. If they are not already, prospective OSCF portfolio companies are encouraged to become clients of the Oklahoma Technology Commercialization Center.