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New Technology Fund for National Security

This act establishes a special fund to help small businesses and non-profit organizations develop new technologies for intelligence agencies. The goal is to accelerate the introduction of innovations that can improve national security by supporting companies in transitioning from an idea to a finished product. Citizens may indirectly benefit from better and more modern tools used for national protection.
Key points
Establishes the Intelligence Community Technology Bridge Fund with an annual budget of up to $75 million.
The fund supports small businesses and non-profit organizations in developing technologies for intelligence agencies.
Money can be used to develop products and services needed for intelligence missions.
The aim is to increase innovation and supplier competitiveness for the federal government in the security sector.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_S_2194
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2025-06-26