Week of August 22, 2023
Department of Energy Awards $34 Million to Advance Clean Hydrogen
The U.S. Department of Energy awards $34 million to 19 projects to advance clean hydrogen technology for electricity, industry, and transportation. This funding will support emissions reduction goals and job creation while promoting hydrogen as a clean fuel source. Projects will focus on lowering production costs, utilizing biomass and waste materials, and improving hydrogen transport and storage.
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Small Business Administration Expands $5 Billion Program to Attract more VC Funds
The U.S. Small Business Administration is modernizing the Small Business Investment Company (SBIC) program, making billions in loans available to venture capital funds. This aims to boost investment in U.S. startups, particularly in underserved communities and industries critical for national security. The new rule allows interest to accrue over the fund’s life, aligning better with VC fund strategies. Funds must exclusively invest in U.S. small businesses This change is expected to attract more applications from venture capital funds.
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Chief Information Officer Signs 2023-2027 DoD Cyber Workforce Strategy Implementation Plan
The Department of Defense (DoD) Chief Information Officer (CIO) released the 2023-2027 Cyber Workforce (CWF) Strategy Implementation Plan last week.
The CWF Workforce Strategy Implementation Plan outlines how the Department will execute 22 objectives and 38 initiatives to build a skilled, diverse, and adaptable cyber workforce, emphasizing measurability and feedback for success in countering cyber threats. The goal is to create a world-leading cyber workforce.
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Department of Energy Announces $16 Million for Research on AI/ML for Nuclear Physics Accelerators and Detectors
The U.S. DOE is allocating $16 million to 15 projects employing artificial intelligence (AI) in nuclear physics research. These projects, conducted by researchers at national laboratories and universities, aim to accelerate scientific discovery in areas like rare nuclear decays and accelerator beam optimization. AI can address technical challenges in simulations, control, data acquisition, and analysis, potentially expediting breakthroughs in nuclear physics.
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DOD Issues Final Rule on Acquisition Process Using Commercial Solutions Opening
The Department of Homeland Security (DHS) has increased its grant funding for the State and Local Cybersecurity Grant Program (SLCGP) to $375 million in fiscal year 2023. This aims to aid state, local, and territorial governments in enhancing critical infrastructure security and cybersecurity resilience. The program is administered by DHS, with eligible governments having until October 6 to apply for funding.
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NIST Requests Comments on Draft Cybersecurity and Privacy Mapping Guide
The National Institute of Standards and Technology (NIST) has released a draft report, Internal Report 8477, which proposes a mapping approach to identify relationships between cybersecurity and privacy concepts. This report is open for public comment until October 6 and aims to create a unified concept system for understanding these concepts across various sources.
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Public Spend Forum’s SBIR/STTR Report, Data, and Dashboard!
Excited to announce the release of our SBIR/STTR report, data, and dashboard – the first of Public Spend Forum‘s series on investments in critical tech.
The SBIR/STTR report and accompanying dashboard/data are focused on answering several critical questions:
• How are investments aligned by critical tech?
• What use cases and needs are tech investments focused on?
• Which agencies and programs are investing in which tech areas and use cases?
• Which companies are winning and what capabilities do they bring to the market?
• Which geographic regions/clusters are emerging across the country?
• What types of investments are being commercialized and lead to commercial capital?
Here is the link to download the brochure!
To get access to the dashboard and comprehensive data behind the analysis, please reach out to us at support@publicspendforum.net
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Masterclass: Black Women in Cybersecurity Initiative | August 25, 2023
The Black Women in Cybersecurity Initiative (BWiC) is a new initiative to promote gender and racial equity in Tech by working to increase the number of Black women in Cybersecurity. In partnership with The Links, Incorporated, the Black Women in Cyber Initiative by OHUB works to advance the number and proportion of Black women in the field of cybersecurity. The initiative provides early exposure, expert-led training, employer-recognized certificates, and resources that will prepare women for the high-growth field of cybersecurity.
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NIST Issues Congressionally Mandated Report on Emerging Tech Areas
The National Institute of Standards and Technology (NIST) has published a report in response to the American COMPETE Act, covering emerging tech areas like AI, quantum computing, IoT, blockchain, materials science, unmanned delivery, and 3D printing. The report provides overviews, supply chain assessments, and policy recommendations, including strengthening data privacy laws for AI and supporting research in quantum computing.
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Emerging Technologies Star in White House R&D Priorities
The Biden administration has identified key research priorities for fiscal 2025, including responsible AI, national security technologies, and decarbonizing the U.S. economy. These priorities aim to advance U.S. interests and leadership through technological innovation, bolstering infrastructure, and strengthening supply chains and the workforce.
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New CISA Guidance Looks to Guard Against Supply Chain Hacks
The Cybersecurity and Infrastructure Security Agency (CISA) has released its Remote Monitoring & Management (RMM) Cyber Defense Plan, focusing on vulnerabilities in RMM software on network endpoints. This guidance aims to improve information sharing and educate RMM users on cybersecurity risks, with the goal of enhancing cooperation between RMM vendors and U.S. government agencies. CISA has observed malicious actors exploiting RMM security patches and emphasizes public-private collaboration to reduce risks to critical infrastructure.
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Customer Testimonial: Deep Tech and Market Analysis with Air Force Research Labs
WE’RE HERE TO HELP YOU UNDERSTAND COMPLEX MARKETS, QUALIFY SUPPLIERS AND MANAGE SUPPLIER RISK
If you would like to put our comprehensive market, supply chain, demand and tech data on millions of suppliers and tech markets along with our expert advisory services/workshops to work for you, please reach out to us at support@publicspendforum.net.
We can help in three ways:
- AI-Assisted Market and Supplier/Supply Chain Intelligence Reports and Data through our AI-Assisted Market Intelligence (AIMI) offering. We use our comprehensive datasets, AI-MI technology assisted by our SMEs to create a custom market report and datasets that helps you understand market and tech trends, map out the ecosystem of small business, underserved and non-traditional and incumbents; qualify suppliers and assess supplier risk; map the R&D landscape and discover the venture capital and funding network.
- Market and Supply Chain Intelligence Advisory Services – We bring our decades of strategic market intelligence and supply chain expertise along with our powerful datasets and AI to help you develop plans to strengthen your supplier base, map out multi-tier supply chains, qualify and monitor suppliers and understand supply chain risk.
- Market and Supplier Intelligence Training and Workshops – Access the best faculty and practitioners such as Dr. Rob Handfield (NC State) in the world and get your team up to speed by learning the most cutting-edge methods for market and supplier intelligence
The key questions we help you answer:
- What are the emerging technology trends in a specific market? For example, we just analyzed markets such as batteries for aircraft, polymers and elastomers for in-space repair, and mobility solutions.
- Who are the participants in the ecosystem (R&D labs, venture capital, startups, underserved)?
- Who are the small and underserved companies in the market and what track record do they have?
- Where is there risk in our supply chain and how we can best manage it?
Subscribe to the Critical Tech Market Insider to get important market insights on critical tech markets and to become part of our 20,000+ community
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