This year the Potomac Institute for Policy Studies has continued to develop meaningful policy options and recommendations and ensured their implementation at the intersection of business and government. This Annual Report is intended to provide an update on the Institute’s funding profile, leadership team, and activities this past year. We are building a strong future for the Institute and are working to achieve our mission to support the nation on critical S&T Policy issues.
The Potomac Institute is a unique organization that merges elements of a think tank, consulting organization, federally funded research and development center , and university. We strongly value our position as an independent, non-partisan, trusted source of expertise on science, technology, and national security issues. Our funding is almost entirely from government contracts, which gives us a unique role as a trusted advisor to policymakers, and an up-close window into the real world of policy issues. Historically, the Institute has not relied on foundation or individual giving because we value our independence from ideological or special interests. As a not-for-profit, our public service mission is to contribute an independent and academically rigorous voice to the policy dialogue. We believe strongly that policy should, to the greatest extent possible, be based on science and evidence and that government should fund science and technology to help inform policy decisions when data is lacking.
This year, more than ever before, the Institute occupies a premier position at the intersection of business and government, particularly in the S&T innovation space. We are partnering with several agencies across the military and government that are trying to better understand how to adapt commercial technologies for military use or accelerate important scientific developments and translate them into applications the nation needs. In the coming year this will continue to be a key focus area for the Institute.
The Potomac Institute is known for big ideas: imagining the future of S&T and making bold predictions about its impacts. We have generated big ideas, delivered them to key decisionmakers, and made inputs to help execute them and turn them into a reality. We have been developing efforts on space policy, bio security and synthetic biology, artificial intelligence, and more.
We wish to take this opportunity to express our deep appreciation for the continuing support of the Board of Directors, Board of Regents, and Senior Fellows of the Potomac Institute for Policy Studies. Your input, consul, and guidance have been invaluable to our mission and our organization.
View the report here.