Okla. Stat. tit. 74, § 74-5003.10h: Promulgation of rules

OCAST shall promulgate rules to enforce the provisions of the

Research and Development Attraction Program, including the

following:

1. The application process for applying for matching funds;

2. The criteria to be used by OCAST to evaluate matching funds

applications from Oklahoma-based small businesses and to determine

the amount of the award;

3. OCAST shall include in its annual report the evaluation

metrics which will be gathered to report efficacy of this Program

back to the State of Oklahoma, which may include, but will not be

limited to, volume of applications, technological diversity of

companies taking up the Program, the success of Oklahoma-based small

businesses at raising follow-on capital rounds or advancing in

technological readiness level (TRL), and follow-on capital spent in

the state and at Oklahoma-based research entities; and

4. The agreements that Oklahoma-based small businesses must

enter into in regard to claiming matching funds and to ensure

compliance in spending of matching funds.