The Innovation Accelerator (IA) was founded in 2008 by John Pyrovolakis as part of a public-private partnership. It is based in the United States and focuses on commercialization, intellectual property, and venture capital to enhance the nation's economic and military strength through innovation. The organization has been recognized for its role in commercializing government-funded research.

The Innovation Accelerator Foundation (IAF) provides commercialization services to small businesses that leverage American innovation sourced from federal funding, federal laboratories, or universities. It aims to support early-stage companies emerging from federal research funding. The IAF operates initiatives such as the iBridge Network, which serves as a virtual university innovation ecosystem, and the Academic Venture Exchange (AVX), which collaborates with leading research institutions to connect entrepreneurs with new ventures from university research.

The IAF offers commercialization services, access to a network of federal research opportunities, and initiatives like the iBridge Network and Academic Venture Exchange to support entrepreneurs and small businesses.