The Modernizing Government Technology (MGT) Act was passed in late 2017 as part of the National Defense Authorization Act. MGT creates working capital funds for IT projects that will "improve service delivery to the public, secure sensitive systems and data, and save taxpayer dollars."

This $228 million fund allows agencies to borrow money to transition to new technologies. It can also serve as the start-up for working capital funds for ongoing IT projects. Agencies must submit proposals to an interagency board in order to receive money from the general fund. This Technology Modernization Board will be responsible for approving certain projects and making funding recommendations to the General Services Administration, which administers the funds.

This money is intended to fund critical efforts including replacing infrastructure and applications that pose a high cybersecurity risk, legacy systems that are costly to operate, and IT that can support citizen service goals as laid out in the President's Management Agenda. The goal of MGT is to jump start projects that will generate future savings for agencies, but repayment is not contingent upon agencies actually seeing those savings, the loan must be repaid regardless of project results or savings.

MGT is really a proof of concept, or a new way of funding IT within government. As OMB and GSA work to provide guidance and administer the funds, agencies are looking for ways to present their projects in the best light to not only receive funding but also achieve efficiency goals. Luckily, there are a number of events where agencies can share modernization experiences and best practices as well as discuss how best to use MGT funds. Here are a few events that will focus on modernization as a key goal within government.

• Defense Systems Summit (July 11; Arlington, VA) - With a theme of IT Everywhere: Technology's Role in Tomorrow's Military, this 1105 Media event will bring together the DoD community to discuss how IT teams manage operations by maintaining legacy systems alongside emerging technology. With a focus on weaving in modern technologies, the event will include discussion on AI, defense cyber tools, IoT, and more.
• Beyond Telework. IT Modernization Strategies for Competing in the Full Employment Era (July 24; Washington, DC) - This event is focused on how the federal government can compete to secure the best and brightest talent. With enthusiasm for teleworking tempering within government (and it being so widely used in the private sector), agencies need to look to other IT modernization strategies to create a flexible, next-gen workplace.
• Cyber Excellence: Modern, Secure, Resilient (August 2; Washington. DC) - Looking at modernization through the reality of MGT funding, this event looks to explain how to use the guidance and funding coming from the executive branch to accelerate progress. Discussion will focus on key cyber strategies that will improve security postures today while paving the road to a more dynamic, high performance government.
• IT Modernization Conference @930gov (August 28; Washington, DC) - This event will look at the current state of the Executive Office's 'Comprehensive Plan for Reforming the Federal Government' initiative and address what lies ahead for FY'19 and beyond. Sessions will address the strategies, tactics and policies around the modernization efforts.
• 2018 Public Sector Innovation Summit (December 4; Washington, DC) - Attendees will explore how technology-driven innovation is advancing government. Top technology innovators and influencers across the public and private sectors will converge to discuss what's shaping the future of digital government.

We'd love to hear from you. Where are you learning about how best to apply for and use MGT funds? Share your thoughts in the comments.