Economic Impact Report

As a public trust of the state, OCIB uses its authority to grow Oklahoma's private risk capital industry. Download the OCIB 2009 Impact Report to assess our results to date.

Industry News

Programs for VC Firms

The Venture Investment Program

Through its Venture Investment Program (VIP) the Board supports investments in private, professionally managed venture capital firms that have committed to serving entrepreneurs within the state and that have a history of producing solid returns for their investors.

As of December 2009, the Board has made commitments to 19 venture funds. The VIP has been efficient in leveraging state resources.

OCIB's capital represents approximately 7% of the total capital raised by these 19 funds, yet more than 12% of the companies invested in are Oklahoma companies.

As a result of OCIB’s venture activities, more than $130 million has been invested in promising Oklahoma businesses. In addition, by leveraging other sources of financing, an estimated $390 million has been mobilized for the growth of these businesses at minimal cost to the state.

“Oklahoma needs this type of equity partnership providing venture capital to promising industries. We are especially appreciative of the initial help and encouragement we received from the Oklahoma Capital Investment Board who made an early commitment to us for $3 million."

“Our job is to seek out groups that demonstrate a successful investment track record, a strong strategic fit with Oklahoma investment opportunities and a solid plan for being accessible to Oklahoma entrepreneurs."