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    Air Force invites 59 small businesses, start-ups to Air Force Pitch Day



    Courtesy Story

    Secretary of the Air Force Public Affairs     

    The Air Force is inviting 59 small businesses and start-ups to pitch live at the first Air Force Pitch Day hosted in New York March 6 and 7.

    Air Force contracting officials reviewed 417 submissions received during the 30-day application period. Submissions called for ideas furthering national security in air, space and cyberspace with a special emphasis on battlefield air operations technologies, digital technologies and command, control, communications, intelligence and network technologies.

    The Air Force plans to invest up to $40 million through this Pitch Day as part of a larger rapid contracting effort. The event is modeled after commercial investment pitch competitions to deliver a faster, smarter approach to compete for ideas in the accelerating technology ecosystem. The process is a major departure from the lengthy contractual processes typically expected of the military.

    Air Force Pitch Day is designed as a fast-track program to put companies on one-page contracts with same-day awards via the swipe of a government credit card. The opportunity affords small businesses access to the defense market and non-dilutive capital, which is funding that does not require a company to share its ownership.

    A full list of attending companies can be viewed in the related links section.

    For more information about Air Force Pitch day visit

    (Story by Capt. Hope Cronin, Secretary of the Air Force Public Affairs)



    Date Taken: 03.01.2019
    Date Posted: 03.01.2019 16:04
    Story ID: 312563
    Location: US

    Web Views: 60
    Downloads: 0