Okla. Stat. tit. 74, § 74-5060.45

Revolving Fund.

A. There is hereby established the Oklahoma Accelerator Program

at the Oklahoma Center for the Advancement of Science and

Technology, to be administered by the Center as a continuation of

the accelerator program previously administered by the Oklahoma

Department of Commerce. The program shall utilize appropriated

funding to leverage private capital for the purpose of stimulating

growth of early-stage startup companies throughout the state by

connecting such companies with the global entrepreneurial ecosystems

required to enhance business talent and investment opportunities.

B. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Center for the Advancement of Science and

Technology to be designated the "Oklahoma Accelerator Revolving

Fund". The fund shall be a continuing fund, not subject to fiscal

year limitations. The fund shall consist of all monies authorized

by law for deposit in such fund including, but not limited to,

gifts, grants, private donations, private equity contributions, and

fee revenues and funds by government entities authorized to provide

funding for the purposes authorized for the use of the fund. All

monies accruing to the credit of said fund are hereby appropriated

and may be budgeted and expended by the Oklahoma Center for the

Advancement of Science and Technology for purposes authorized by law

to implement the Oklahoma Accelerator Program. Expenditures from

said fund shall be made upon warrants issued by the State Treasurer

against claims filed as prescribed by law with the Director of the

Office of Management and Enterprise Services for approval and

payment.