Venture Capital Fund of the Air Force

The Small Business Innovation Research program was established by Congress in the 1980’s with the goal of identifying small businesses that could provide a solution to the warfighter in a faster, more efficient manner than was presently available. Fast forward almost 50 years, and the program is reducing barriers and accelerating processes, seeding the future of the U.S. Air Force through innovation and forward-thinking technology. Learn more about the program here.

Changing the Way We Do Business

With the initiation of open innovation topics, through work with AFWERX, Air Force SBIR contracts are being issued with unprecedented speed and efficiency. Small businesses that have been awarded a Phase I open innovation topic contract are being invited to present their solutions for a Phase II contract at Air Force Pitch Day events, where contracts are awarded on the spot. Learn more about the process here.