One of CEO's closest partners is the OU Office of Technology Development (OTD). Since its creation in 1998, OTD has created 36 companies that have generated more than $75 million in capital, more than $10 million in cash and more than $30 million in current estimated equity value for the university. In addition, these companies have created in excess of 150 jobs, which pay on average nearly twice the median household income in Oklahoma.
In FY2011, through OTD the University was awarded 31 U.S. patents and seven foreign patents; entered into seven exclusive license agreements; and marketed over 50 technologies.
CEO assists in the licensing of a number of technologies available.
CEO leverages numerous University assets to lend support to developing businesses:
Office of Technology Development
The objective of the Office of Technology Development is to stimulate the creation of intellectual property and manage the resulting assets in support of the mission of the University of Oklahoma.
Center for the Creation of Economic Wealth
The Center for the Creation of Economic Wealth (CCEW) is an exciting opportunity for students to partner with OU researchers and private sector mentors to advance early-stage university technologies. This unique combination of talent aims to enhance Oklahoma's economy through the nurturing of technology-based enterprises.
OU Sooner Launch Pad
Sooner Launch Pad (SLP) supports student entrepreneurs and provides emerging community entrepreneurs with strategic feedback and resources through roundtable discussions where emerging entrepreneurs present their ideas to a group of SLP mentors. Mentors are: Entrepreneurship and Price College faculty, Strategic Planning and Economic Development staff, senior executives, and successful entrepreneurs.
Oklahoma has been cited numerous times recently as a budding economy. It ranks Top 6 nationally in Cost of Living, Overall Economy, and Cost of Doing Business (CNBC). Oklahoma City Metro is #2 in Hottest Places To Start A Small Business (Fiscal Times) and #8 in Hottest Job Market (The Business Journal) .
CEO accelerates its partners process in location or expansion to Oklahoma, analyzing local incentives, and site-selection whether its in the budding OU's own research campus or the surrounding areas.
Other economic area resources: