NSI Lands DoD Mentor Protégé Program as Award for 2010 American Security Challenge
Washington, D.C. March 15, 2009 – The National Security Initiative is pleased to announce Department of Defense participation in the 2010 American Security Challenge (ASC) as an Awards Partner.
The DoD Mentor‐Protégé Program assists qualifying small businesses (Protégés) to successfully compete for prime contract and subcontract awards by partnering with large companies (Mentors) under individual, project‐based Agreements. Awards are up to $1,000,000 per year for up to three years that may be applied to legal, manufacturing, engineering, and other hard costs as well as valuable counseling by the Mentor. ASC is pleased to announce the Mentor for the Protégé Award will be Raytheon.
ASC Chairman Roger London appreciates the extraordinary value from a unique perspective, that of a former venture capitalists. Mr. London says, “The Protégé’s apply this capital to offset costs they normally would have to find investors to finance. This award provides the same uses without having to give up stock, its huge.”
Interested innovators, sponsors and others are encouraged to visit www.AmericanSecurityChallenge.com for full
information on eligibility, submission deadlines and other information.
###
ABOUT NATIONAL SECURITY INITIATIVE (NSI)
The National Security Initiative is a non‐profit organization devoted to promoting America's long‐term national
security interests by uniting the power of the market to the power of American ingenuity. The principle channel is
the American Security Challenge, an annual technology contest that brings innovators and investors from around
the country together to collaborate and support the best security technology devoted to our country's long‐term
national security. Learn more about NSI at www.NationalSecurityInitiative.com and about ASC at
www.AmericanSecurityChallenge.com.
Media contact: Roger London, (410) 340‐5335 Roger@AmericanSecurityChallenge.com
