NASA's New Venture Capital Fund: "The Mercury Fund"

3 September 2004: NASA Presolicitation Notice: Legal Services (creation of The Mercury Fund)

“This procurement is for the purchase of the legal services and business advice in support of the Agency’s effort to create a venture capital fund similar in concept to the Central Intelligence Agency’s (CIA) In-Q-Tel. NASA’s fund is hereby referred to as “The Mercury Fund”. The services provided under this contract will include unique legal, taxation, and operational advisory services. The goal of The Mercury Fund will be to invest in tandem with established private sector venture capital funds to sponsor innovative, multi-use technologies to help NASA achieve its mission and to better position these technologies for future multiple and/or commercial uses.”