Cybersecurity
Tech Startups Struggle to Tap $82 Billion in Federal Contracts
- U.S. government’s tech budget is eight times that of Apple
- Cumbersome requirements keeps newcomers from getting foothold
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Jason Wagner’s cyber startup sells a digital platform federal agencies need. But lacking the heft or connections of a major defense contractor, it would be more trouble than it’s worth for him to seek a coveted federal contract. And he’s not alone.
During 15 years as a contract employee for intelligence agencies, Wagner saw cybersecurity analysts waste time transferring data for their investigations across multiple computer applications. So last year he started Tensor Wrench, which makes such information-sharing easier.