Office of Strategic Capital Archives

Pentagon expects billions to be pumped into small businesses following SBA licensing of investors

The U.S. government has issued the first licenses under the Small Business Investment Company Critical Technology Initiative.

Oct 22, 2024 By Jon Harper

River entrance of the U.S. Department of Defense. (Getty Images)

Pentagon announces $984M in loans available for U.S. firms developing ‘critical’ tech

The Department of Defense is set to issue nearly a billion dollars in loans to private companies to scale the production of technologies the department has deemed…

Oct 1, 2024 By Billy Mitchell

Secretary of Defense Lloyd Austin and U.S. Small Business Administration Administrator Isabella Casillas Guzman sign a declaration of intent at the Reagan National Defense Forum, Simi Valley, California, Dec. 3, 2022. (Photo by Jon Harper)

DOD, SBA ink new Small Business Investment Company agreement to support critical technology

Secretary of Defense Lloyd Austin and U.S. Small Business Administration Administrator Isabella Casillas Guzman signed a declaration of intent to partner on advancing the goals of the…

Dec 3, 2022 By Jon Harper

Secretary of Defense Lloyd J. Austin III briefs the press from the Pentagon Briefing Room, Washington, D.C., Feb. 19, 2021. (DoD Photo by U.S. Air Force Staff Sgt. Jack Sanders).

Pentagon creates Office of Strategic Capital to bridge the ‘valley of death’ with private funding

The Office of Strategic Capital is meant to connect companies developing tech in support of national security with organizations that can help fund and sustain their growth.

Dec 1, 2022 By Billy Mitchell