Similar to our industrial products market summary, small business Government R&D and services funding for information technology (IT) is available from most contracting agencies. However, as an example, we have again chosen the National Science Foundation (NSF) as the independent agency supporting science, health, welfare and national defense – all areas that utilize IT systems. In addition, the NSF has university, small business and principal investigator programs that fund information technology development.
The U.S. Government is the largest IT user in the world. Although much of the Government’s IT market is met through non-R&D commercial purchases, there is still a significant number of non-commercial efforts funding the contractor development market. The small business services or R&D opportunities are often custom in nature and do not usually include commercial items such as operating systems, commercial applications, databases and websites.
The latest figures on 2011 Government IT budget amounts are ~$80,000,000,000. The 5-year requirements for high-level Government IT acquisition and development include:
- Acquisition and development of promising web 2.0 technologies
- Improved Government services through procured IT systems
- Protection of the national IT systems against natural and harmful threats
Green Tape offers proven business process outsourcing (BPO) services and products for your small business information technology R&D or services company. The Green Tape IT team has helped secure, contract and manage Department of Health and Human Services (DHHS), DOD, NASA and NSF-funded information technology awards, including other agency efforts. In addition, we have the experience and contacts to secure matching private funding for qualified small businesses, if required. Upon award, we can help you manage your IT funding efforts for development and future commercialization success. Finally, we can lead successful proposal efforts in excess of $100,000,000.
Moore's law has enabled increased software development capabilities for commercial and government customers. In addition, the growth of the internet, cloud computing and cyber-security issues have become major development opportunities supporting commercial market growth as well.
The 2010 global projected IT market is approximately $3 trillion and IT industry has seen a decline in growth rates. The hardware market has seen the worst market erosion. Global IT services spending will be greater than $800 billion. Domestic and international software spending has been shrinking but growth is forecast in 2010.
Due to shrinking budgets, it is critical that your IT product commercialization fulfill a critical market opportunity, or a “need to have”, rather than being classified as a “nice to have”. Some Green Tape members have considerable IT experience and we can support your commercialization plans and business development efforts.