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    OU launches Project 200 to drive research, innovation and economic growth

    OU launches Project 200 to drive research, innovation and economic growth

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    OU launches Project 200 to drive research, innovation and economic growth

    OU launches Project 200 to drive research, innovation and economic growth

    Survey: Economists warn minimum wage hikes could raise costs, hurt small businesses

    Survey: Economists warn minimum wage hikes could raise costs, hurt small businesses

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Home News Education
OU launches Project 200 to drive research, innovation and economic growth

OU launches Project 200 to drive research, innovation and economic growth

Luke Reynolds by Luke Reynolds
May 11, 2026
in Education, News
Reading Time: 4 mins read
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OKLAHOMA CITY (OBV) — The University of Oklahoma launched Project 200, a major research and talent initiative designed to strengthen Oklahoma’s economy, improve health outcomes and expand the state’s innovation capacity.

OU announced the initiative Monday, describing Project 200 as a “generational investment in research, talent and infrastructure” that will recruit approximately 200 world-renowned researchers aligned with Oklahoma’s needs and strengths. The effort is focused on four priority areas: health, extreme weather, national security and defense, and secure and resilient energy systems.

The initiative is expected to extend well beyond the university. By 2032, OU projects Project 200 will generate nearly $100 million annually in new federal research funding. Over the next decade, the university expects the effort to support more than 2,000 new jobs, produce an estimated $95 million in new state and local tax revenue and help train more than 1,000 scientists in Oklahoma.

For Oklahoma’s business community, the announcement represents a major competitiveness play.

Chad Warmington, president and CEO of The State Chamber of Oklahoma, said Project 200 aligns directly with the Chamber’s Oklahoma Competes framework, which focuses on improving Oklahoma’s economic climate, infrastructure, education and workforce, and innovation and entrepreneurship.

Warmington said Oklahoma has made significant progress on business climate and infrastructure, but the state must now make major gains in workforce, education, research and innovation to compete with faster-growing states.

“Project 200 might as well have been written in our own board room on the things that matter to move the needle,” Warmington said at the announcement. “States that win make the investments that Project 200 does.”

Warmington said Oklahoma’s long-term economic future depends on whether the state can improve its research and development capacity, strengthen its innovation ecosystem and create more opportunities for high-wage jobs and private-sector growth.

“If you’re going to be an innovative economy, if you’re going to have the kind of economy the governor wants us to have, we have to improve our innovation rates,” Warmington said. “We have to improve our research and development ratings.”

OU President Joseph Harroz Jr. called the initiative an “all-in investment” in Oklahoma’s future.

“We are now at a convergence of opportunity unlike anything this state has seen in generations,” Harroz said. “OU is making an all-in investment in the future of Oklahoma by launching Project 200, a proven formula of a flagship university partnering with its state to drive better health outcomes, strengthen economic prosperity and elevate opportunity for the people of Oklahoma.”

Project 200 builds on OU’s “Lead On, University” Strategic Plan, launched in 2020. OU said its research enterprise has grown by 70% over the past six years, the fastest pace in five decades. Total university research expenditures are projected to top $500 million, and OU said Project 200 positions the university to exceed $1 billion in annual research expenditures by 2032.

Gov. Kevin Stitt said the initiative fits Oklahoma’s broader ambition to compete nationally.

“The University of Oklahoma is helping power our vision for the future, proving that Oklahoma is ready to lead, not follow,” Stitt said. “Project 200 is a generational investment in talent, research, and innovation that will keep Oklahoma winning on the national stage.”

The largest area of recruitment will be health, according to OU project materials. The initiative is designed to advance precision medicine, expand access to clinical trials and specialized care, and pursue long-term goals including reducing cancer mortality by 10% and reducing diabetes-related complications and deaths by 30%.

Project 200 also aims to strengthen Oklahoma’s global role in extreme weather research, including forecasting, risk reduction and resilience. OU pointed to Oklahoma’s severe weather exposure and the state’s atmospheric science assets as reasons the university is positioned to lead nationally in that area.

In national security and defense, the initiative will build on Oklahoma’s aerospace and defense ecosystem, including major federal installations and industry partnerships. In energy, Project 200 will focus on reliable and future-ready energy production in a state OU described as a net energy exporter and real-world laboratory for next-generation energy solutions.

Matt Hulver, OU vice president for research and partnerships, said the initiative is designed to turn research into practical impact.

“These areas of focus are where Oklahoma’s challenges and strengths uniquely converge,” Hulver said. “Project 200 positions OU to translate discovery into real-world solutions, advancing breakthroughs that improve lives, strengthen communities and fuel economic growth.”

Warmington said the business community has a direct role to play in ensuring Project 200 succeeds.

“Our resources have to match our expectations,” Warmington said. “Project 200 won’t work if we have all the expectations in the world but don’t devote the resources to achieve these goals.”

Warmington said the initiative comes as Oklahoma is also taking steps to improve early literacy, which The State Chamber made its top legislative priority this session. He said the combination of stronger foundational education and expanded research capacity could reshape Oklahoma’s economic trajectory.

“When we combine literacy and innovation, we will have an economy like no one else in this country,” Warmington said. “And we’re going to do it right here in Oklahoma.”

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