We build success through careful experimentation.
We are always evaluating our own approach to investing to ensure we use best practices from the private-sector investors. For example, we’ve recently been experimenting with distinct investment themes — targeted areas of the government tech ecosystem that we wanted to explore and invest in. We got this idea from talking with and learning from venture capital investors in the private sector. While all ideas are still up for consideration, we wanted to try something different by tailoring our pipeline into specific areas. Our current themes are:
From bridges to broadband, we believe 10x has an opportunity to explore the digital landscape that will accompany new infrastructure investments and to do what 10x does best: solve problems and uncover transformative opportunities.
This has been a focus of 10x for years and we’re carrying it into FY23. From our work with bias in AI to reimagining ways to bridge the digital divide, we believe our projects have demonstrated the value of the 10x model, and highlight how ripe the equitable tech space is for new innovation.
We felt that these areas were unique, apt, and ripe for investigation. While we accept ideas on all topics, ideas that align to these themes will receive greater attention when we're deliberating on which project ideas to fund.