Attracting and Scaling Private
Capital for National Security
Attracting and Scaling Private Capital for National Security
OSC develops and implements strategies and partnerships to
accelerate and scale private investment in critical supply chain
technologies needed for national security.
OSC develops and implements strategies and partnerships to accelerate and scale private investment in critical supply chain technologies needed for national security.
Want to stay up to date on the latest updates from OSC?
Capital Solutions
Debt Financing
Interested in financing for manufacturing facilities? Direct loans available up to $150 million to finance projects in the United States.
Covered Technology Categories
When Congress authorized OSC in the National Defense Authorization Act of 2024, it specified 31 covered technology categories that may receive OSC capital assistance. These 31 technology categories are complementary to the 14 critical technology areas identified by DoD leadership. OSC has broad authority to invest in supply chain and component-level technologies and processes that enable DoD capabilities but are not always supported through direct procurement.
Work with OSC
OSC is pleased to announce that a Federal Register Notice for Request for Information (RFI) for the OSC loan program is open for public comment. OSC seeks public input as it prepares to issue loans and loan guarantees for critical technology and supply chain components, as authorized in Section 903 of the National Defense Authorization Act of 2024 (FY24 NDAA).
OSC invites public comment on the RFI from both companies and from financial institutions, regarding contemporary market activity, capital requirements, and where OSC-provided loans and loan guarantees can support investment in critical technologies.
For additional information and to submit comments for consideration, please visit the Defense.gov official press release and the official notices on the Federal Register website. OSC has published two separate RFI documents: one for lenders and financial institutions and one for companies, relevant industry associations, and other stakeholders.
“We are in a global competition for leadership in critical technologies, and the Office of Strategic Capital will help us win that competition and build enduring national security advantages. By working with the private capital markets and by partnering with our federal colleagues, OSC will address investment gaps and add a new tool to the Department's investment toolbox."
LLOYD J. AUSTIN III
SECRETARY OF DEFENSE
“We must complement the innovative power of the private sector with a modern industrial strategy that makes strategic public investments in America’s workforce, and in strategic sectors and supply chains, especially critical and emerging technologies, such as microelectronics, advanced computing, biotechnologies, clean energy technologies, and advanced telecommunications.”
NATIONAL SECURITY STRATEGY
“We must complement the innovative power of the private sector with a modern industrial strategy that makes strategic public investments in America’s workforce, and in strategic sectors and supply chains, especially critical and emerging technologies, such as microelectronics, advanced computing, biotechnologies, clean energy technologies, and advanced telecommunications.”
NATIONAL SECURITY STRATEGY
News & Insights
NEWS RELEASE Jul. 24, 2024
Office of Strategic Capital Seeks Public Input on New Loan Program to Support Critical Technologies and Supply Chains
The Office of Strategic Capital (OSC) today announced the release of a Federal Register Notice and accompanying Request for Information (RFI) open for public comment. OSC seeks public input as it prepares to issue loans and loan guarantees for critical technology and supply chain components in support of the office's mission to attract and scale private capital for national security.
NEWS RELEASE Mar. 8, 2024
OSC Releases Inaugural FY24 Investment Strategy
The Office of Strategic Capital released its inaugural Investment Strategy, which lays out how it will approach its funding and investment decisions going forward.
NEWS RELEASE Sept. 2, 2023
Department of Defense and Small Business Administration Roll Out the Small Business Investment Company Critical Technologies (SBICCT) Initiative
The Small Business Investment Company Critical Technology (SBICCT) Initiative is a joint effort between the DoD and SBA to increase private capital investment in critical technologies that strengthen U.S. economic and national security.
NEWS RELEASE Aug. 2, 2023
Readout of Deputy Secretary of Defense Kathleen Hicks' and SBA Administrator Isabella Casillas Guzman's Meeting With AM Forward Partners
Deputy Secretary of Defense Kathleen Hicks and U.S. Small Business Administration Administrator Isabella Casillas Guzman met yesterday at the Pentagon with executives from Lockheed Martin, General Electric, Stifel Financial, and Applied Science & Technology Research Organization (ASTRO) America to discuss President Biden’s AM Forward initiative, share perspectives on collectively advancing critical technology and manufacturing priorities vital to U.S. national security and the potential of SBA’s Small Business Investment Company (SBIC) program to help overcome those barriers.
NEWS RELEASE Mar. 7, 2023
Office of Strategic Capital, Small Business Administration to Sign Memorandum of Agreement
DoD’s Office of Strategic Capital and SBA’s Office of Investment and Innovation announce their intent to sign a Memorandum of Agreement on March 10 that outlines future OSC and SBA collaboration, including the SBIC Critical Technologies Initiative.
TRANSCRIPT Dec. 8, 2022
Deputy Secretary of Defense Dr. Kathleen H. Hicks Participates in a Fireside Chat at the 2022 Aspen Security Forum D.C. Edition
DOD NEWS Dec. 4, 2022
DOD Scouts Innovative Ideas from Industry, Allies, Partners
The Rapid Defense Experimentation Reserve, which was stood up last year, is a collaboration between the military services, combatant commands, industry, and coalition partners with the aim of discovering new and innovative warfighting capabilities. The Office of Strategic Capital will assist in funding companies developing technologies deemed critical to national security.
NEWS RELEASE Dec. 1, 2022
Secretary of Defense Establishes Office of Strategic Capital
SECDEF establishes the Office of Strategic Capital (OSC) as a finance organization within the Department of Defense to help the United States build an enduring technological advantage by partnering with private capital providers to accelerate and scale investment in companies developing technologies critical to national security.
DOD NEWS Dec. 1, 2022
New Defense Office Connects Next-Gen Tech Developers with Much-Needed Capital
The Defense Department announced today the creation of the Office of Strategic Capital, or OSC. The new office is meant to ensure that technologies under development right now or in the future, which may be critical to U.S. military requirements, are able to get the funding they need to make it to market.
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Research and Engineering (OUSD(R&E))
3030 Defense Pentagon, Washington, DC 20301-3030
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