ENABLE IC Acquisitions Act of 2024

The ENABLE IC Acquisitions Act of 2024 establishes a $75 million "Intelligence Community Technology Bridge Fund" to help private technology companies transition research into government-ready products. It streamlines procurement by allowing intelligence agencies to bypass standard competitive bidding when acquiring technology from companies that completed pre-approved "work programs" with In-Q-Tel (the IC’s venture arm), provided the technology meets a specific mission need. The bill also expands private-sector talent exchanges, extending temporary detail periods to 5 years and prioritizing roles in fields like AI, cybersecurity, and biotechnology. Small businesses and nontraditional defense contractors are explicitly prioritized for funding and procurement opportunities under this framework.