Cash-strapped feds eye tech startups

By Kenneth Corbin, CIO |  IT Management, startups

Then, earlier this year, the administration announced the Presidential Innovation Fellows program, a sort of cross-pollination effort through which members of the private sector begin a six-month residency within the government, where they work with government employees to develop cost-effective and tech-driven applications and programs that aim to address social problems while also improving efficiency within government and strengthening ties with the business community.

"As a general matter what you hear today ... are examples of people who are finding gaps in the marketplace that they can fill through innovative solutions that not only create a market value and opportunity for business development and job creation, but also have a social outcome as well," said Ari Matusiak, director of private-sector engagement at the White House.

"And so we've really taken an approach here that has been about bringing in the best entrepreneurs to work collaboratively within government in a lean startup mode to accomplish two basic goals. One is to make your government work better," he added. "Then the second is, in doing that, to facilitate a more effective collaboration with private-sector entrepreneurs."

Kenneth Corbin is a Washington, D.C.-based writer who covers government and regulatory issues for

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Originally published on CIO |  Click here to read the original story.
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