Updated

Updated · Bloomberg · Sep 17

White House Weighs Cyber Incubator to Spawn Government Tools and Startups Under Draft Executive Order

Updated

Updated · Bloomberg · Sep 17

White House Weighs Cyber Incubator to Spawn Government Tools and Startups Under Draft Executive Order

3 articles · Updated · Bloomberg · Sep 17

The Trump administration is considering a government-led incubator that would fund cybersecurity research and help launch startups building tools for US government use.
The Office of the National Cyber Director has been drafting an executive order to create the program, according to people familiar with the plan.
One draft describes the effort as a cyber foundry focused on technologies aligned with US government priorities rather than broad commercial markets.
Private venture capital is central to the concept, with the administration aiming to draw outside money into companies spun out of the program.