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Department of the Navy Rapid Innovation Fund: Funding for Small Business Technology Acquisition August 2017Navy Program Offices & Systems/Engineering Commands Secretary of the Navy Assistant Secretary

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What is rapid innovation fund?

Rapid Innovation Fund is a Department of Defense program that provides funding for innovative technologies to address critical national security needs.

Who is required to file rapid innovation fund?

Defense contractors and organizations with technology solutions that align with DoD priorities are required to file for Rapid Innovation Fund.

How to fill out rapid innovation fund?

To fill out Rapid Innovation Fund, applicants must submit a proposal that includes a project description, technology readiness level, and potential impact on DoD capabilities.

What is the purpose of rapid innovation fund?

The purpose of Rapid Innovation Fund is to accelerate the development and deployment of cutting-edge technologies to enhance national security capabilities.

What information must be reported on rapid innovation fund?

Applicants must report details of their technology solution, including its relevance to DoD priorities, the potential impact on national security, and the estimated cost and schedule for implementation.

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