CIA Inc. Latest cover for the intelligence agency: business developer

Entrepreneurship probably isn't the first thing that comesto mind when you say "CIA." But that's about tochange, thanks to a new business initiative launched by theintelligence agency.

In-Q-It Inc. is a private, nonprofit corporation that will workwith private-sector companies and individuals to develop technologyto solve problems in four areas: Internet security and privacy,generic Internet and intranet security, sophisticated knowledgeengines (search engines), and the cataloging of disparate bits ofinformation (such as finger prints, photos and videos) into onesystem.

"This is a hybrid model: It can act like a virtualincubator or it can act like a venture fund--it can even facilitatestrategic alliances and joint ventures. It depends on what theentrepreneur needs," explains Gilman G. Louie, president andCEO of the new company.