Rapid Innovation Fund(RIF) Overview

Abstract

Congressional initiative to bypass institutional acquisition hurdles: Program Objective Memorandum process sets program funding baseline across multiple future years; Challenging to fund emerging technology; Original requirements are not inclusive of features/ performance from emerging technologies; Response to small business community concerns over insufficient funds to transition research to Programs of Record (PORs); E.g., Small Business Innovation Research/Small Business Technology Transition (SBIR/STTR) Phase I/II to Phase III; Bridges valley of death by providing time and funding to mature technology while programs adjust to integrate; Shortens transition time of mature technology; Does not negatively impact PORs

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Document Details

Document Type
Technical Report
Publication Date
Mar 04, 2021
Accession Number
AD1124846

Entities

People

  • David Busigo

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Commerce
  • Communities
  • Demonstrations
  • Department Of Defense
  • Emerging Technology
  • Governments
  • Materials
  • Military Acquisition
  • Military Capabilities
  • Motivation
  • National Security
  • Procurement
  • Prototypes
  • Security
  • Small Business
  • Task Forces
  • Test And Evaluation
  • Transitions
  • Unified Combatant Commands

Readers

  • Defense Acquisition Program Management
  • Small Business Innovation Research Program (SBIR) EDI Research and Innovation.
  • Systems Analysis and Design