A collaboration between Oklahoma State University (OSU), the University of Oklahoma (OU), Cowboy Technologies, LLC, and nonprofit tech corporation i2e, Inc., aims to boost university start-ups and increase the number of tech-based companies in Oklahoma.
The agreement has produced the Oklahoma Proof of Concept Center, where Cowboy Technologies and i2e will contribute their business expertise to help identify and accelerate the most promising technologies on the OU and OSU campuses.
The virtual center brings the expertise of all the parties to bear in answering critical questions that challenge any technology-based start-up. The four partner organizations will coordinate efforts to validate markets, develop prototypes, and access both expert mentors and sources of capital.
“The beauty of this collective approach,” says i2e CEO Rex Smitherman, “is that we aren’t duplicating or adding infrastructure to the technology transfer process. We’re sharing and leveraging our individual resources to move innovative technologies from the laboratory to the marketplace to increase deal flow.”
Added Steve Wood, CEO at Cowboy Technologies: “With the united effort that the Proof of Concept Center represents, we expect to see spinouts from our campuses to increase in both number and success reaching the marketplace.”
Source: Oklahoma State University