I2E Inc

The organization also operates the technology business finance program ("tbfp"), a program of ocast, under an annual contract. Tbfp's primary mission is to provide early stage, proof-of-concept funding to qualified oklahoma companies that are commercializing new products, services and processes for the purpose of expanding and diversifying the state's economy and providing higher quality jobs for the state's citizens.under the tbfp program, the organization is responsible for recommending and providing financial awards to qualified recipients as defined by its contract with ocast. Upon ocast's approval of the award financing agreements, the organization receives funding from ocast to be distributed to awardees. The awardees are required to repay the financial awards in accordance with the terms set forth in the award agreement.

Love's entrepreneur cup business plan competitionthe business plan competition is funded by the love's corporation and other sponsors throughout the state of oklahoma. Students involved in the competition gain access to networks of successful entrepreneurs, lenders and investors, team-building opportunities, business planning skills, and media exposure. One of the goals of the competition is to encourage the development and commercialization of ideas and technologies being discovered in our universities. The donald w. Reynold's foundation previously sponsored this competition. The reynold's foundation sponsorship ended in fy16. Beginning in fy17, the love's corporation agreed to be a major sponsor of this competition.

I2e seed capital company, llc manages the oklahoma seed capital fund, llc (oscf), a series of investment funds providing seed and start-up stage equity financing to small high-growth, technology-based companies. It is an innovative public-private partnership, developed by ocast in partnership with i2e, the oklahoma department finance authority (odfa) and the oklahoma capital investment board (ocib) involved as co-investors in the fund's first series. The fund is aimed at helping technology-based firms access the capital they need to grow and create jobs. Co-investment by one or more investors is required and businesses must be located in the state of oklahoma. During the tax year, i2e seed capital, llc contracted with i2e management company, inc. To provide management services for the fund. Accelerate oklahoma funds: accelerate oklahoma and its subsidiaries were created to facilitate management of federal funds made available to the oklahoma department of commerce (odoc) by the u.s. Treasury for the state small business credit initiative (ssbci) program. The organization's contract, as amended, with odoc in the amount of $13,227,911 had a funding period of may 1, 2011 through march 31, 2017. On march 31, 2017, the federal ssbci program ended. Per the first amendment to the original allocation agreement executed october 18, 2012, any repayment of invested funds, principal and any investment gains, shall remain with accelerate oklahoma and be used to maintain, manage, and reinvest consistent with the investment plans set forth in the original allocation agreement. A second amendment to the original allocation agreement, dated january 10, 2017, allows i2e to charge a fee for management services and to earn a carried interest on any program income in the form of investment gain on funds invested. The organization is the sole member of accelerate oklahoma and accelerate oklahoma is the sole member of each of its subsidiaries. Each of these entities are disregarded for income tax purposes and, as such, all activity will ultimately pass to the sole member, the organization. During the tax year, i2e contracted with i2e management company, inc. To provide management services for i2e accelerate oklahoma, llc. The i2e angel sidecar fund, llc and i2e growok fund, llc were merged into i2e accelerate oklahoma, ll on june 28, 2019. The i2e startok fund, llc was merged into i2e accelerate oklahoma, llc on july 18, 2019. Act tulsa accelerator in january 2021, the organization partnered with act house, inc., a not-for-profit organization located in tallahassee, florida, to develop act tulsa. Act tulsa is an accelerator program funded through contributions that is aimed at cultivating and driving innovation of black, indigenous and people of color (bipoc) founders located in tulsa and beyond by equipping them with skills, tools, and a network to accelerate the foundational growth of their companies.