Army Venture Capital Corporation

The Army Venture Capital Corporation (AVCC) is the venture capital arm of the United States Army.

History The AVCC was established by the U.S. Congress in 2002 with an initial funding allocation of twenty-five million dollars. The organization has achieved limited success in accomplishing its stated goals since its founding.

See also Defense Innovation Unit – similar organization launched to assist the Department of Defense in leveraging commercial markets In-Q-Tel – similar organization chartered through the CIA

References

Army Venture Capital Corporation

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