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The NSIN Foundry program matches cutting-edge Department of Defense (DoD) technologies with teams of entrepreneurs during intensive, five-month cohorts. Entrepreneurs work closely with lab inventors, mentors, coaches, subject matter experts, and DoD end-users to assess the market viability and commercialization potential of the technologies. Successful teams form new companies, license the technologies, and develop solutions that impact the DoD and the private sector.
The program identifies, researches, and vets cutting-edge DoD technologies developed in government laboratories, Federally Funded Research and Development Centers (FFRDCs), and University Affiliated Research Centers (UARCs). We recruit the most innovative entrepreneurs from across the country who want to found new companies to solve critical DoD and commercial problems. The program then brings these technologies and entrepreneurs together and provides knowledgeable instructors; access to DoD inventors and end-users; mentorship from DoD and private sector subject-matter experts; and training on lean-startup principles, market assessment, company formation, technology licensing, and more. Foundry provides a path to commercialization for DoD lab tech, and a unique opportunity for entrepreneurs to build a company around cutting edge technology.
At the end of the cohort, teams will compete for $50,000 in total cash prizes. Click here for competition judging criteria.
Applications Close July 1, 2024
Don’t Wait to Apply! Phase 0 team building and technology matching activities during the application period may improve your chances of acceptance to the cohort and your success during the cohort. Apply now to take full advantage.
Register for the Information sessions here.
*Dates subject to change. All information on this page will be updated as necessary.
Is your invention ripe for commercialization? Do you want to see it make a real impact? Do you want to learn about the commercial marketplace and see what the private sector can do to bring your invention to the next level? Then Foundry may be the program for you. Foundry has broadened its technology pool to include all U.S. Government labs (not just DoD labs), FFRDCs, and UARCs. The technology must be applicable to DoD requirements or DoD customer problems. At a minimum, the inventor must have filed a provisional patent. Higher technology readiness level (TRL) technologies (≥4) with demonstrated prototypes are preferred. Inventions within the last three years are also preferred. NSIN entirely funds the program, so there is no direct cost for your lab. However, during the cohort, inventors must commit to spending at least one or more hours per week with the entrepreneur team and participate in a few weekend events, such as the kickoff Virtual Summit and final Showcase Day.
Interested lab partners should email foundry@nsin.mil.
Foundry is an intensive, 100% virtual program executed in two phases. Phase I focuses on customer discovery, exploring the commercial viability of the DoD technology, and identifying business and technology development pathways. Teams that determine their technology has enough potential to form a company move on to Phase II. Phase II focuses on company formation, technology licensing, and identifying commercial and public funding opportunities. At the end of the cohort, teams present market assessment reports to the labs and compete at a “Showcase Day” live pitch event to potential customers and investors.
Each Foundry cohort includes technologies from a variety of areas. Past technology verticals have included:
Please contact foundry@nsin.mil with any questions about NSIN Foundry.
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