Join us on March 20 at 2pm EST for our upcoming masterclass:

 

APFIT: Everything We Know About the DoD’s Most Recent Venture

 

Accelerate the Procurement and Fielding of Innovative Technologies  (APFIT) is a new and relatively unknown program designed as a resource to help innovative technologies pass over the infamous valley of death.

The program rolled out in 2022.

In FY22, Guidance was provided that USD(R&E) favored 10x $10M awards versus fewer, larger awards. Qualified individual nominations requested as little as $10M, and as much as $45M. USD(R&E) selected 10 projects, each to receive $10M, regardless of requested amount.  

For FY23, 11 selections were made and values ranged from $10-20M

There is a lot of optimism around the future of this program as an opportunity for companies to secure procurement funding moving forward.

If you are interested in learning more about APFIT, and how it could be an option for your technology, join us for our Masterclass on Wednesday, March 20 at 2pm EST, as we cover everything we know about the program and how to best position yourself for success.

Registration Form

For more information on APFIT, be sure to check out our tools page!