Last week, we were honored to participate in the Inner City Capital Connections (ICCC) annual conference at the Fortune Magazine headquarters in New York City. We were in awe of the knowledge and expertise offered by the conference’s distinguished speakers as well as the fellow growing businesses in attendance. Our Chief Information Officer, Joe Awni, shared some of our own great government solutions with big investors during the pitching session. Now that the conference is done and over, we’d like to share those ideas with you!
Creating a high performance research lab
The problem: Two thirds of research funding is awarded to first-time researchers—researchers who are trained in science, but not in the HR, communications, and leadership skills needed to run a high-functioning lab.
Our solution: Develop web-based modules in HR, marketing, and communications that new Principal Investigators can use to develop their soft skills. We are working with scientists at the NIH to secure an SBIR grant for the making of these tools.
Superior measuring of grant performance
The problem: Almost 98% of grant giving federal agencies have failed in monitoring grants according to Government Accountability Office (GAO) standards. The White House has issued a mandate that all poor performance in grant monitoring be fixed.
Our solution: Offer federal agencies a web- and cloud-based solution that evaluates, assesses, and monitors grant performance based on GAO requirements.
Processing travel expenses with a mobile, cloud-based application
The problem: The NIH processes hundreds of millions annually in federal per diem travel expenses for federal and grantee travel, but they do so with an average error rate of 15%. For example, people processing the expenses might forget to exclude alcoholic drinks from reimbursements, or they may simply transpose digits incorrectly.
Our solution: Users will use their mobile devices to upload information directly from receipts onto a cloud-based storage system. This program will automatically track datasets, find errors, reduce processing time, and save the government money.
Enhancing e-mail security
Problem: In the context of PGP/GPG emails, key verification is currently done by comparing two strings in hexadecimal. However, this isn’t as secure as it sounds—third party Certificate Authorities (CA) are known to issue keys arbitrarily.
Our solution: Develop a method of key fingerprint verification that is unique and nearly impossible to forge. Code will be written and tested via a DARPA grant.
We are excited about our upcoming projects! Stayed tuned into the blog for updates on our progress and other services we offer.