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Participants will learn about funding options in excess of 50 million dollars that are available from the Department of Defense to support defense industry diversification efforts. Several new approaches and programs exist that are linking existing firms with technology and intellectual property residing in colleges and universities. This panel will describe and explain these new programs, including the Technology Commercialization Assistance Program and the First Customer Program. Also to be presented is a new DOD –funded national demonstration program to diversify the defense supply chain -Department of Defense Manufacturing Assistance Program (DMAP). This program will be launched in Michigan, Ohio, and Indiana. The process begins by identifying and understanding capacity, capability, opportunities and the scientific and technical abilities of defense contractors. Each of these categories are assessed and then the company can be linked with university-based technologies and intellectual property for the purpose of commercialization into the private sector.