Reducing cybersecurity risks to Federal networks and systems, and improving the response of Federal agencies to cybersecurity incidents on such networks and systems. (2) Coordination In establishing the challenges under paragraph (1), the Director of the National Institutes of Standards and Technology shall coordinate with the Secretary of Homeland Security on the challenges under subparagraphs (B) and (E) of such paragraph. (b) Pursuit of national cybersecurity challenges (1) In general Not later than 180 days after the date of the enactment of this section, the Director of the National Institutes of Standards and Technology, shall commence efforts to pursue the national cybersecurity challenges established under subsection (a). (2) Competitions The efforts required by paragraph (1) shall include carrying out programs to award prizes, including cash and noncash prizes, competitively pursuant to the authorities and processes established under section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3719 ) or any other applicable provision of law. (3) Additional authorities In carrying out paragraph (1), the Director of the National Institutes of Standards and Technology may enter into and perform such other transactions as the Director considers necessary and on such terms as the Director considers appropriate. (4) Coordination In pursuing national cybersecurity challenges under paragraph (1), the Director of the National Institutes of Standards and Technology shall coordinate with the following: (A) The Director of the National Science Foundation. (B) The Secretary of Homeland Security. (C) The Director of the Defense Advanced Research Projects Agency. (D) The Director of the Office of Science and Technology Policy. (E) The Director of the Office of Management and Budget. (F) The heads of such other Federal agencies as the Secretary of Commerce considers appropriate for purposes of this section. (5) Solicitation of acceptance of funds (A) In general Pursuant to section 24 of the