Investment Opportunity

The Defense Venture Catalyst Initiative (DeVenCi) will hold a workshop in California in July or August to meet with companies interested in working with the Pentagon to discover emerging technologies for the Navy and Marine Corps.

In an April 16 Federal Business Opportunities notice, DeVenCi states it will meet with companies that normally do not do business with the Defense Department. The initiative is interested in six specific emerging technology areas, according to the notice: advanced materials; energy; sensors; imagery; data; and, advanced communication infrastructure.

This is how DeVenCi describes itself:

DeVenCI is a U.S. Department of Defense (DoD) activity whose dual goals are to speed DoD adoption of promising new commercial technologies and to encourage broader commercial support of the DoD supply chain. DeVenCI uses workshops to increase the visibility of DoD needs to commercial companies and technology area experts. It provides timely information to DoD users about emerging technical innovations and pilot opportunities. DeVenCI is a catalyst initiative that does not fund the development of new technologies or businesses. Instead, it focuses on knowledge brokering by encouraging and facilitating the sharing of information to speed adoption of emerging technology solutions to meet DoD user needs.