Technology Modernization Fund Celebrates 5 Years of Revolutionizing Federal Tech Projects by@whitehouse

Technology Modernization Fund Celebrates 5 Years of Revolutionizing Federal Tech Projects

by The White House5mJanuary 26th, 2024
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The Technology Modernization Fund (TMF) celebrates its five-year anniversary, marking a transformative journey in Federal technology projects. With almost $700 million allocated across 38 investments, TMF's innovative funding model has significantly impacted various sectors, aligning with Administration and agency priorities. The TMF's success stories include enhancing cybersecurity, improving customer experiences, and supporting critical services. The journey has brought valuable lessons, emphasizing incremental funding tied to project milestones and a holistic approach to IT modernization. Looking ahead, the TMF remains a key player in the Federal IT landscape, with continued strategic support and a $200 million budget request in FY 24.
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