Valid Eval Awarded NASA Contract to Enhance Evaluation Systems
Valid Eval Receives SBIR Contract from NASA
Valid Eval, recognized for its innovative secure SaaS platform that facilitates complex group evaluations, has achieved a significant milestone by securing a Phase III Small Business Innovation Research (SBIR) contract from NASA. This contract marks a noteworthy step forward in managing NASA's SBIR/STTR program applicant evaluation process.
Supporting NASA's Innovation Ecosystem
According to Adam Rentschler, the CEO and co-founder of Valid Eval, serving NASA and its associated innovation community has been a lifelong aspiration. He expressed his enthusiasm stating, "NASA's trust in us to help manage a portion of its estimated $200 million annual award budget underscores our commitment to excellence in acquisition services. Our team is prepared to assist in evolving their technical evaluation systems." This partnership highlights the role Valid Eval will play in refining the processes used to evaluate applicants.
Understanding NASA's SBIR/STTR Programs
The NASA SBIR/STTR program is part of the broader America’s Seed Fund, which is the nation’s largest source of early-stage, non-dilutive funding intended for innovative technologies. The initiative provides essential funding and supportive services for entrepreneurs, small businesses, and startups with fewer than 500 employees. These groups are encouraged to develop new technologies that contribute to NASA’s objectives and missions.
Enhancing Evaluation Procedures
As a key component of this initiative, Valid Eval is tasked with creating systematic rubrics that will codify the evaluation procedures and processes involved in applicant assessments. These rubrics not only standardize non-numerical evaluation criteria but also serve as comprehensive references for evaluators. The end result is a collection of insightful, audit-ready data that bolsters decision-making while enhancing transparency measures throughout the evaluation process.
The Role of Valid Eval in Utilizing Technology
The integration of Valid Eval’s platform can significantly improve how NASA assesses innovative proposals. Through its focus on technological advancements and systematic approaches, Valid Eval aims at enhancing the data collection methods and feedback mechanisms available to the innovation community. This process ensures that evaluators can make informed decisions that align closely with NASA’s goals.
About Valid Eval
Valid Eval operates as a high-integrity online evaluation system that is designed to support organizations in making challenging decisions. The platform is noted for its capacity to function efficiently across various scales, allowing engagement from a diverse array of applicants, judges, and domain experts across both private and public sectors. By incorporating best practices from learning sciences and systems engineering, Valid Eval delivers reliable, data-driven outcomes complemented by robust reporting tools that foster performance monitoring and mission alignment.
Media Contact
For media inquiries, you can reach out to Sandra Perez at Valid Eval.
Frequently Asked Questions
What is Valid Eval's new role with NASA?
Valid Eval will manage the applicant evaluation process for NASA's SBIR/STTR program under a Phase III SBIR contract.
How does the SBIR/STTR program work?
The SBIR/STTR program provides non-dilutive funding and support to small businesses focused on innovative technology development relevant to NASA's missions.
What technology does Valid Eval provide?
Valid Eval offers a secure SaaS platform that helps organizations standardize their evaluation processes with transparency and efficiency.
Why is this contract significant?
This contract represents a key partnership between Valid Eval and NASA, showcasing the company's capability in managing substantial evaluation budgets and supporting innovation.
How can organizations benefit from Valid Eval's solutions?
Organizations can leverage Valid Eval's expertise to improve their evaluation systems, leading to more reliable decision-making processes and enhanced transparency.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.