Was the experimental DeVenCI successful?
The experimental DeVenCI, which focused only on emerging information technologies rather than the full range of commercial technology innovation, was a notable success. By the end of fiscal year 2005, it had produced fifteen successes that contributed directly to the war on terrorism, security, and information support capabilities. In addition to specific operational successes, the experimental DeVenCI also helped increase the total number of private companies aware of and interested in bidding on DoD solicitations. It increased the level of interest by the venture capital community in supporting DoD needs, and helped verify the initial premise that VC expertise could speed the transfer of emerging information technologies into DoD operations. Finally, the experimental DeVenCI demonstrated the benefits of coordinating and encouraging formation of a DoD venture-related community of practice.
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