About the Program
Foundry is a National Security Innovation Network (NSIN) program powered by FedTech. NSIN is a program office within the U.S. Department of Defense that seeks to build networks of innovators that generate new solutions to national security problems.
Overview
- No equity taken
- Free to participate, no hidden costs
- Access to cutting edge Department of Defense (DoD) technologies developed in government laboratories, Federally Funded Research and Development Centers (FFRDCs), and University Affiliated Research Centers (UARCs)
- Extensive networking and mentorship opportunities
- Successful teams will compete for a total prize pool of $50,000
The Foundry program equipped me to pursue a completely new opportunity: entrepreneurship. We officially organized as a company after the showcase and are currently pursuing development funding to bring our product to the market.
A Deeper Dive
Foundry is a national security-focused startup studio that identifies and evaluates advanced Department of Defense (DoD) technologies developed in government laboratories, Federally Funded Research and Development Centers (FFRDCs), and University Affiliated Research Centers (UARCs). These technologies are then applied to address real-world challenges faced by both the DoD and commercial customers.
Teams of selected applicants (entrepreneurs) collaborate with DoD scientists and technologists to assess the market viability and commercialization potential of these innovations. With extensive training in Lean Startup principles, entrepreneurs are given the opportunity to form new ventures around cutting-edge technologies. At the same time, DoD researchers gain valuable insights into the market potential and development pathways for their technologies.
2024 Technology Focus Areas
Advanced AI and Machine Learning Applications: Transforming defense operations with predictive analytics and autonomous systems.
Augmented Reality Techniques: overlaying digital information onto the real world, optimizing situational awareness and decision-making
Sensor Solutions: collecting and analyzing data from various sources to enhance surveillance, reconnaissance, and strategic decision-making.