- Associated Press - Monday, February 8, 2016

TULSA, Okla. (AP) - The Oklahoma Innovation Institute is in line to receive a grant of $351,400 to promote its core purpose.

The U.S. Commerce Department said Monday that the Tulsa institute will share in $10 million being spent to promote innovation.

The money will be shared by 25 entities through the Regional Innovation Strategies program. It’s money comes from the i6 Challenge, which was established in 2010 as part of the Startup American Initiative. The funding is intended to help turn technology into jobs.

The Oklahoma Innovation Institute will receive the money for the Tulsa Research Partners Technology Commercialization Concentrator.

The i6 program includes about $8 million this time around. Additional funds are also being supplied for programs at an earlier stage of development.

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