The games are part of the Commercial Technology Transition Officer's "venture initiative," whose goal is to examine various processes modeled after commercial practices and adapt the best ones to serve the Navy and Marine Corps' technology needs. The March game will examine venture capital decision-making. It will explore venture capitalists' technology interests, motivations, assessment tools, and constraints. Concentrating on late-stage candidates for venture capital funding (as opposed to candidates for more speculative "angel" investing), the game will examine mechanisms for the Navy and Marine Corps to engage the venture capital community.
The lessons from the game will help the Commercial Technology Transition Officer to develop a Naval Venture Initiative that improves the transition of commercially-developed technologies to the Fleet.
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The Office of Naval Research (ONR) manages science and technology for the Navy and Marine Corps. ONR sponsors basic and applied research in oceanography, advanced materials, sensors, robotics, biomedical science and technology, electronics, surveillance, mathematics, manufacturing technology, information science, advanced combat systems, and technologies for ships, submarines, aircraft, and ground vehicles. For more information about ONR's programs, go to http://www.onr.navy.mil