What Happened
Accelerating Emerging Technologies For National Security
An Indiana-based nonprofit, the Defense Innovation Networking Group, has been selected by the US Army to lead a $95 million biotechnology accelerator aimed at helping American biotechnology companies produce emerging technologies for the Department of Defense. The VEDDER Biotechnology Accelerator will focus on connecting promising US biotechnology companies with technical resources, business support, and government acquisition expertise. The initiative is part of the US Army’s effort to grow the national biotechnology industrial base, and it may pave the way for increased collaboration between the private sector and the military. The selection was announced by the Indianapolis Business Journal.