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The Office of Strategic Capital (OSC) seeks public comments from companies and financial institutions as it prepares to issue loans and loan guarantees for critical technology and supply chain components, as authorized by Section 903 of the Fiscal Year 2024 National Defense Authorization Act. More specifically, OSC is seeking public comments regarding contemporary market activity, capital requirements, and where OSC-provided loans and loan guarantees can support investment in critical technologies. Please note OSC is publishing two separate Federal Register Notice for Request for Information documents: one for lenders and financial institutions (Docket ID: DoD-2024-OS-0074) and one for companies, relevant industry associations, and other stakeholders (Docket ID: DoD-2024-OS-0073). For additional information and to submit comments for consideration, visit the official notices on the Federal Register website, which are linked in the full press release at https://lnkd.in/ddjubiKx

Today, the Office of Strategic Capital (OSC) announced a Federal Register Notice for Request for Information (RFI) 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 Fiscal Year 2024 National Defense Authorization Act. OSC is accepting public comments from companies and 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, visit the official notices on the Federal Register website. OSC is publishing two separate RFI documents: one for lenders and financial institutions and one for companies, relevant industry associations, and other stakeholders. To read the full press release on the OSC RFI, visit https://lnkd.in/ddjubiKx

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Exciting news from OSC: Good morning, On Monday, the Office of Strategic Capital (OSC) launched the Department of Defense’s first direct loan product to provide equipment finance to U.S. businesses that need flexible financing to unlock growth opportunities, expand manufacturing, and modernize operations. With this initial credit offering, OSC is implementing its congressionally authorized lending authority to enable transformational investment in critical technologies and supply chains. The Notice of Funding Availability (NOFA) in the Federal Register lays out eligibility criteria, describes the application process for OSC loans, and ensures that companies are fully prepared to apply for OSC equipment finance loans. OSC will officially open the application period in early 2025. Applicants should review the NOFA and related resources on the OSC website at https://www.osc.mil prior to beginning the application process. For additional information on this first direct loan product, please visit the following resources: Notice of Funding Availability on the Federal Register Defense.gov press release on NOFA launch OSC website, with additional information on OSC debt financing, eligibility, and the application process OSC Credit Program Flyer Please reach out to OSC.Loan.Application@osc.mil with specific questions regarding the NOFA and application process. About the Office of Strategic Capital Established by Secretary of Defense Lloyd J. Austin III in December 2022, the Office of Strategic Capital has a mission to attract and scale private capital for national and economic security priorities. Follow the work of the Office of Strategic Capital at https://www.osc.mil.

My worlds of finance, small business, and Defense are colliding. There are innovative and new options rolling out to boost balance sheets of critical technologies. I know if you’re seeing this, you know me from at least one of these three sectors. Please consider giving your input to help deploy more targeted capital to where we need it most! 🇺🇸 🦅

🚨Announcement: Opportunity for Public Comment🚨 The Office of Strategic Capital (OSC) is inviting public comment on a newly released Federal Register Notice and Request for Information (RFI). This is a unique opportunity for companies involved in critical technology, supply chain management, and funding organizations to provide valuable input as OSC prepares to issue loans and loan guarantees. OSC's mission is to attract and scale private capital to strengthen national security. Your insights can help shape future investments in the key technologies and supply chain components that will drive innovation and protect our nation's interests. 💼 Who Should Engage: Companies in critical technology sectors, supply chain stakeholders, and funding organizations. 📝 Why It Matters: Contributing to this RFI allows your organization to play a vital role in supporting OSC's mission and ensuring that the right resources are directed toward national security priorities. 🔗 How to Participate: Visit the Federal Register Notice for more details and submit your comments. Let's work together to strengthen our national security through strategic investment and collaboration. Your expertise can make a difference! #NationalSecurity #SupplyChain #Technology #Investment #PublicComment #StrategicCapital #OSC

Industry and investors should consider responding to this RFI

Incredible opportunity to be part of history in the making by contributing to this Request for Information (RFI) from the Office of Strategic Capital (OSC). https://lnkd.in/eteYjzKG The OSC, established by the Department of Defense in December 2022, is designed to attract and scale private capital investments to support national security priorities. The OSC's mission is to leverage the United States' capital markets to foster investment in critical technology supply chains that are essential for current and future military capabilities. One of the main initiatives of the OSC is the Small Business Investment Company Critical Technologies Initiative (SBICCT), which is a collaboration with the U.S. Small Business Administration. This initiative pairs private capital with federally-guaranteed loans to increase investment in critical technology areas identified by the Department of Defense, such as nanomaterials, synthetic biology, quantum computing, and battery storage. The OSC’s Investment Strategy outlines how it will advance private investment in 12 critical industries, ensuring technologies under development can transition from laboratory to full-scale production, addressing gaps where private sector investment is insufficient. For more detailed information on the Office of Strategic Capital and its programs, you can visit the Office’s website: https://www.cto.mil/osc/ Comments must be received by October 22, 2024. To comment: https://lnkd.in/efJTyeGu Be sure to include: Document Citation: 89 FR 59904 Agency/Docket Number: Docket ID: DoD-2024-OS-0073 Document Number: 2024-16179

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