FedTech is a Washington, D.C.-based contractor. The company was founded in 2015 by Ben Solomon, after participating in the National Science Foundation's Innovation Corps (I-Corps) program. FedTech invests in technology R&D, mostly within the federal government sector. The company has worked with the Department of Defense, NASA, Department of Energy, NIST, VA, federal labs, research institutes, and corporations.
FedTech supports entrepreneurs and intrapreneurs in both the private and public sector through its various programs:
- Startup Studios
- Accelerators
- Internal Innovation program
- Corporate Venture program
Startup Studios help develop startups from the beginning phases. Entrepreneurs may first apply to a variety of studios. If accepted into the program, FedTech pairs them with technology developed in either a federal or university lab and will help launch the venture in its final stages. FedTech includes the following Startup Studios:
- Defense Innovation Accelerator
- Homeland Security Startup Studio
- FedTech Startup Studio
- NASA Startup Studio
Accelerators are cohort-based programs tailored to a specific organization, with FedTech providing resources and education. FedTech includes the following accelerators:
- xTech Accelerator
- Innovation Combine Cohort
- Innovation Crossroads
- KIC-FedTech Accelerator
- TABA Program
Internal Innovation programs aim to bring new ideas into already existing corporate environments. They operate through both short-term and long-term workshops. FedTech partners include the following:
The Corporate Venture program is a collaborative program between FedTech and external corporate partners to drive mutual growth. Currently, FedTech has a partnership with Proctor & Gamble ventures.