Rapid Innovation Fund February 8, 2016
Good news: The FY16 NDAA extended the Rapid Innovation Fund program by eight years (FY16 through FY23). And the FY16 appropriations bill funded RIF at $250M for this next cycle. The corresponding BAA is anticipated to be released on March 1st. The full BAA schedule is at http://www.defenseinnovationmarketplace.mil/rif.html. Government TPOCs can talk openly now; communications become restricted upon BAA release. Historically, about 2/3 of DoN RIF awards go to fund projects which derive from the SBIR program. The program is quite competitive: about 4% of white papers submitted get funded. Companies may want to review the FY15 BAA (DoN topics on pages 38-54) now as many of the topics represent persistent DoN needs. This National Defense Magazine article has more advice.