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National Interest Startups Should Be Thinking About Government Contracts Strategically

National Interest Startups Should Be Thinking About Government Contracts Strategically

The article discusses the growth of "national interest" startups, which are companies that focus on solving problems relevant to national security and the government. Rebecca Gevalt, a partner at DCode Capital, shares her insights on how these startups can successfully navigate the complex landscape of government contracting.

Here are some key takeaways from the article:

  1. Government data is publicly available: Gevalt notes that the government often publicly announces its procurement needs through websites like Bloomberg Government (BGov), GovTribe, and GovWin IQ. Startups can use this information to identify potential opportunities.
  2. Startups should focus on product-market fit first: Before trying to secure contracts with the federal government, startups should prioritize figuring out their product-market fit in the private sector. This will make it easier to adapt their products for government use.
  3. Strategic and tactical approach is key: Gevalt advises startups to take a strategic approach by understanding the government’s overarching strategy documents regarding AI or other technologies. Then, they should tactically seek out offices that are actively leveraging these technologies.
  4. Government agencies often lack data architecture to support AI adoption: Gevalt notes that many government agencies have existing infrastructure that may not be compatible with AI solutions. Startups should take this into account when developing their products and targeting potential clients.

The article also highlights the importance of finding product-market fit in the private sector before trying to secure contracts with the federal government. This approach can help startups navigate the complex landscape of government contracting and increase their chances of success.

Some other points mentioned in the article include:

  • Rebecca Gevalt’s experience working with early-stage companies and her insights on how they can effectively engage with the government.
  • The role of data architecture in supporting AI adoption in government agencies.
  • The importance of understanding the government’s overarching strategy documents regarding AI or other technologies.

Overall, the article provides valuable insights for startups looking to navigate the complex landscape of government contracting.

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