I knew I am not alone!
Timmay, in order to run the game on HD3000, you need to enforce DirectX 9 via Steam launch options. It's not officially supported, but dev team was kind enough to make it possible for us, the masochists, to play nonetheless.
In your Steam library right-click on OTC --> Properties --> Set Launch Options... --> type in "-force-d3d9" without quotes --> OK. It might take a couple of attempts to register. Just make sure that when you launch the game the main menu says Direct3D 9.0c instead of Direct3D 11.0.
Good luck! If you have more questions re launching/running the game on this particular card, feel free to PM me.