Innovation Fund
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
Innovation Fund
Funder: Common Mission Project (CMP)
Overview:
The Innovation Fund is Common Mission's strategic investment engine designed to protect American innovation and entrepreneurship by investing in bold ideas, emerging technologies, mission-driven student teams, and young founders solving critical national problems.
- Non-dilutive funding that allows founders to focus on solving critical national problems without equity dilution
- Cultivates a robust pipeline of talent and technology to solidify America's competitive advantage
Key Features
- 300+ novel solutions funded
- 73 new startups built by young founders
- $400M follow-on funding raised by portfolio companies
- 650 funded young founders building for America
Impact Metrics
- Defense technology and innovation
- National security challenges
- Military readiness and operations
- Intelligence and surveillance systems
- Supply chain resilience
- Emerging technologies (quantum, AI, autonomous systems)
- Emergency management and disaster response
Portfolio Focus Areas
Funded solutions span multiple domains including:- Mid-Atlantic, Southeast, Great Lakes, Southwest, Rocky Mountain, and Pacific South regions
Geographic Scope
United States-focused, with participating universities across multiple regions including:- Student teams from participating universities
- Young founders and emerging technology ventures
- Teams addressing real-world challenges provided by government agencies
Eligibility
- Hacking for Defense® (H4D) - semester-long university course addressing DoD problems
- Hacking for Homeland Security (H4HS) - addresses DHS component challenges
- Hacking for Diplomacy (H4Diplomacy) - emerging program
Associated Programs
Funded through signature programs:- Lockheed Martin
- BMNT, Inc.
- National Security Innovation Network (NSIN)
- U.S. Department of Defense
- Department of Homeland Security
- Various universities and government agencies
Partners
Contact
Website: https://www.commonmission.us/fundOrganization: Common Mission Project (CMP)
How to Apply
How to Apply
1. Visit the Innovation Fund page at https://www.commonmission.us/fund
2. Click "APPLY FOR FUNDING" button on the website
3. Eligibility requirements:
- Be part of a student team from a participating H4D/H4HS university, OR
- Be a young founder/emerging technology venture addressing national security challenges
4. Submit application through the online portal (specific application form details not provided on available pages)
- Problem statement and challenge description
- Solution approach and methodology
- Team composition and qualifications
- Government agency sponsor/problem provider
- Budget and funding needs
- Timeline for solution development
Required Information
Based on program structure, likely required:Note: Detailed step-by-step application instructions and specific narrative questions were not available in the provided website content. Contact CMP directly or visit the application portal for complete requirements.
Focus Areas & Funding Uses
Fields of Work
Categories
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