I2E, INC. CELEBRATES 20 YEARS OF INVESTING IN ENTREPRENEURSPublished: Tuesday, August 14, 2018 By: Chamber Staff Source: VeloCity
i2E, a nonprofit that focuses on growing innovative small businesses in Oklahoma and making a positive impact on the state’s economy, is celebrating its 20th year of investing in entrepreneurs to build successful high growth companies in the state. While i2E officially started in 1998, the need for its services was born much earlier. As the state emerged from the oil bust of the 1980s, the need to create a more diversified economy became apparent.
“Our economy was tied to the ups and downs of the energy industry and had been since before statehood,” said Scott Meacham, president and CEO of i2E. “Out of that grew some initiatives to help encourage more research at higher education institutions.”
The Oklahoma Center for the Advancement of Science and Technology (OCAST) was created to encourage that investment, and the state legislature directed OCAST to create a technology commercialization center with a nonprofit entity to manage it. i2E was born out of this directive to diversify and build Oklahoma’s economy for the future.