Rapid Innovation Fund (RIF)
The Rapid Innovation Fund is designed to transition innovative technologies, primarily those developed by small businesses, which can be rapidly inserted into acquisition programs that meet speciﬁc defense needs.
Enacted by Congress in section 1073 of the fiscal year (FY) 2011 National Defense Authorization Act (NDAA) as the Rapid Innovation Program, the “Consolidated Appropriations Act, 2014” provides DoD with the authority to fund programs that facilitate the rapid insertion of innovative technologies into military systems or programs that meet critical national security needs.
The goals of the RIF reflect DoD’s emphasis on rapid, responsive acquisition and the engagement of small, innovative businesses in solving defense needs. These include the technology transition of innovative technology into defense acquisition programs, primarily from small businesses (including Small Business Innovation Research (SBIR) Phase II or Small Business Technology Transfer (STTR) projects), that resolve operational challenges or other critical national security needs.
The RIF is seeking projects that address innovative technologies, which resolve operational challenges or other critical national security needs, and has a demonstration path into a defense acquisition program, including, but not limited to capabilities that:
• Accelerate or enhance a military capability
• Reduce the development, acquisition, sustainment, or lifecycle costs of defense acquisition programs or fielded systems
• Reduce technical risk
• Improve the timeliness and thoroughness of test and evaluation outcomes