S. 2194: Intelligence Community Technology Bridge Act of 2025

The proposed bill, known as the Intelligence Community Technology Bridge Act of 2025, aims to create a fund called the Intelligence Community Technology Bridge Fund. This fund would be established within the U.S. Treasury and is intended to help transition products or services from the research and development phase to the prototype or production phase, primarily benefiting businesses and nonprofit organizations engaged with the intelligence community.

Key Features of the Fund

• Establishment: The fund will be designated specifically to support transitioning products or services that are useful for the U.S. intelligence community.
• Funding Source: The fund will consist of appropriated amounts and will remain available until fully expended.
• Use of Funds: The Director of National Intelligence will administer the fund and can provide assistance to businesses or nonprofits for prototyping or production of products or services that have received prior engagement through contracts or agreements with the intelligence community.
• Types of Assistance: Support may include grants, payments for products or services, or payments for equity stakes.
• Eligibility Requirements: Assistance will be available only if the entity is actively engaged with the intelligence community and the Director confirms the product or service addresses significant needs or capability gaps.
• Priority for Small Businesses: Emphasis will be placed on providing assistance to small businesses and nontraditional defense contractors.
• Administration: The fund will be overseen by the Director of National Intelligence, who will consult with various intelligence community leaders and agencies for guidance.

Reporting and Oversight

• Annual Reports: The Director must submit annual reports to the congressional intelligence committees detailing the financial expenditures and outcomes regarding the fund.
• Funding Authorization: An appropriation of $75 million is authorized for the fund for fiscal year 2026 and for each subsequent year, with a cap of $75 million at any time.

Intended Outcomes

The bill aims to facilitate better collaboration between the public and private sectors, particularly in advancing technologies that serve national security and intelligence needs. By ensuring that innovative solutions can be efficiently tested and scaled, the fund seeks to enhance the capabilities of the intelligence community.

Relevant Companies

None found.