Oklahoma business briefs for May 25, 2019
OGE Energy Foundation awards scholarships
The OGE Energy Corp. Foundation recently presented 2019 Positive Energy scholarships worth up to $60,000 each to three high school seniors, officials announced this week.
2019 recipients are Trevor Riddle of Roland High School, Abby Staudt of Mount Saint Mary High School in Oklahoma City and Grace Voth of Enid High School.
Foundation officials said 2019 is the first year the foundation has awarded the scholarship, which recipients can use to pay for tuition, books, food and housing. Each of the recipients must meet prescribed performance standards for four years to obtain full benefits.
They said the foundation intends to continue awarding three Positive Energy scholarships annually to eligible seniors at high schools located within Oklahoma Gas and Electric Co.’s service area. Applicants must have good grade points and ACT/SAT scores, show an extracurricular activities commitment and be able to demonstrate financial need.
THG Energy Solutions receives funding
i2E Inc. and the George Kaiser Family Foundation recently co-led a $4 million Series A investment round in THG Energy Solutions LLC, a Tulsa and Austin-based provider of energy management and demand response technology serving multi-facility clients throughout North America.
The investment round included $1 million from the i2E-managed Oklahoma Seed Capital Fund, along with $500,000 each from the Oklahoma Angel Fund and the Accelerate Oklahoma investment fund, both of which are managed by i2E. The George Kaiser Family Foundation invested $2 million in the seed round.
“We are excited to work with two great partners, i2E and the George Kaiser Family Foundation,” said Dan Frey, president of THG Energy Solutions. “The investment will fund acceleration of commercial growth as we scale up efforts with industry partners. We are also continuing to expand and improve upon our data and technology platform and services.”
Founded in 2003 and acquired by current management in 2011, THG Energy developed and markets the Energy Intelligence Suite platform that collects electricity, gas, water and waste data for more than 50,000 commercial accounts in all 50 states, providing best practice benchmarking and analytics.
American Fidelity executive speaks at symposium
Shane Jason Mock, American Fidelity's vice president of research and development recently spoke at the 16th annual MIT Sloan CIO Symposium. Mock spoke about the future of robotics process automation (RPA) and how American Fidelity has been using the process to better serve customers.
“We’ve been able to use RPA to automate basic tasks, freeing up our colleagues to focus on higher-level tasks and serving our customers, " Mock said. “For example, we created a robotic process to review and categorize customer satisfaction survey responses. This gives us the data from these surveys more quickly and efficiently, so we can then spend more of our time acting on the results.”
The conference included nearly 900 global chief information officers, senior information technology executives, technology innovators and academic thought leaders to the Massachusetts Institute of Technology campus in Cambridge, Massachusetts, for a day of networking, collaboration and discussions around leading a smarter enterprise, scaling insightful technologies, becoming cultural change agents and steering executive business peers in transforming their organizations for competitive advantage.
DRS offers training for jobseekers with disabilities
Students with disabilities throughout Oklahoma are signing up for innovative job training programs offered free of charge by Vocational Rehabilitation and Visual Services, divisions of the Oklahoma Department of Rehabilitation Services.
The agency is matching up students in the Summer Transition Employment Programs (STEP) with paid, part-time employment in a career area they are interested in. Instructors and VR and VS counselors then help them develop the personal skills like problem-solving and teamwork.
“Students selected for our Working on the Wichita Mountains or WOW camp are paid to work at the wildlife refuge where they camp out, cook some of their meals and make new friends,” Transition Coordinator Renee Sansom said. “Meanwhile, they are developing work skills and job experience that will look great on their resumes.”
Oklahoma City banker elected as new officer
Alicia Wade, with Valliance Bank in Oklahoma City, was elected as a director of the Oklahoma Bankers Association by the OBA membership at the OBA’s 122snd Annual Convention and Trade Show, held May 20-22 at the Edmond Convention Center.
Wade is set to serve a three-year term on the OBA board.