The U.S. has fallen behind our foreign adversaries in technologies critical to our national defense.
To close the gap, the Department of Defense has decided to focus on small businesses. These innovative companies account for 43 percent of all U.S. high-tech jobs and generate 16 times more patents than large firms. Small businesses spur innovation and represent most new entrants into the defense sector, and represent the next generation of suppliers with increasingly diverse capabilities.
“Small businesses are agile and often can implement change more quickly than larger firms… the number of small businesses participating in the defense industrial base has declined by over 40 percent in the past decade. Over time, a decline in the number of small businesses participating in defense acquisitions will lead to a reduction of innovative concepts, capabilities, quality of service and increased acquisition costs.” – Department of Defense
ONE Bow River addresses the critical technologies gap by driving alignment between small businesses and the Department of Defense.
Catalyst Campus is operated by Catalyst Campus for Technology and Innovation, Inc., a non-profit 501(c)(3) affiliated with One Fund, LLC.