What does OTDC mean in DEVELOPMENT


The Oklahoma Technology Development Corporation (OTDC) is a non-profit organization that provides funding and support to technology-based companies in the state of Oklahoma. OTDC was founded in 1984 and has since invested over $200 million in over 500 companies. The organization's mission is to "promote economic growth and job creation in Oklahoma by investing in and supporting technology-based businesses."

OTDC

OTDC meaning in Development in Community

OTDC mostly used in an acronym Development in Category Community that means Oklahoma Technology Development Corporation

Shorthand: OTDC,
Full Form: Oklahoma Technology Development Corporation

For more information of "Oklahoma Technology Development Corporation", see the section below.

» Community » Development

What does OTDC Stand for?

OTDC stands for Oklahoma Technology Development Corporation.

OTDC Meaning in COMMUNITY

OTDC is an important part of the Oklahoma community. The organization's investments in technology-based companies have helped to create jobs and boost the state's economy. OTDC also provides a variety of programs and services to support entrepreneurs and small businesses.

OTDC Full Form

Oklahoma Technology Development Corporation

Essential Questions and Answers on Oklahoma Technology Development Corporation in "COMMUNITY»DEVELOPMENT"

What is the Oklahoma Technology Development Corporation (OTDC)?

The Oklahoma Technology Development Corporation (OTDC) is a state-funded non-profit corporation that operates as the state's leading economic development organization for technology-based businesses. Its mission is to foster innovation and entrepreneurship in Oklahoma by providing access to funding, mentorship, and resources.

What types of businesses does OTDC support?

OTDC supports a wide range of technology-based businesses, including startups, emerging companies, and established enterprises. The corporation focuses on industries such as aerospace, bioscience, energy, and information technology.

What services does OTDC provide?

OTDC offers a comprehensive suite of services to support technology-based businesses, including:

  • Early-stage funding through grants and loans
  • Business mentoring and technical assistance
  • Access to research and development facilities
  • Market research and business development support
  • Entrepreneurial training and workshops

How does OTDC contribute to Oklahoma's economy?

OTDC plays a vital role in Oklahoma's economic development by:

  • Creating and retaining jobs in high-growth technology sectors
  • Fostering innovation and commercializing new technologies
  • Attracting investment and funding to the state
  • Supporting entrepreneurs and small businesses

Final Words: OTDC is a valuable resource for technology-based companies in Oklahoma. The organization's funding and support can help businesses to grow and succeed. OTDC is committed to promoting economic growth and job creation in Oklahoma.

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