Entrepreneurship probably isn't the first thing that comes to mind when you say "CIA." But that's about to change, thanks to a new business initiative launched by the intelligence agency.
In-Q-It Inc. is a private, nonprofit corporation that will work with private-sector companies and individuals to develop technology to solve problems in four areas: Internet security and privacy, generic Internet and intranet security, sophisticated knowledge engines (search engines), and the cataloging of disparate bits of information (such as finger prints, photos and videos) into one system.
"This is a hybrid model: It can act like a virtual incubator or it can act like a venture fund--it can even facilitate strategic alliances and joint ventures. It depends on what the entrepreneur needs," explains Gilman G. Louie, president and CEO of the new company.
The corporation is located in California's Silicon Valley. Interested entrepreneurs can contact Louie at (202) 220-0200.