Managing Director and National Security Technology Practice Lead @ Beacon Global Strategies | “Building the Base” Podcast Co-Host
“$984 million in available credit. We're pushing into the ecosystem to support the competitiveness of our US industrial base. This is the first direct credit program, not only from OSC, but from the Department of Defense. It includes a seismic shift in terms of how the department is engaging with our industrial capacity. The wonderful thing about today's release is it marks six months after receiving a very specific kind of appropriations, we have our own color of money. I'm sure many of the listeners to your podcast now understand after listening to your podcast what a color of money is. It is a very big deal inside of the DOD, and the fact that we have a unique color of funds focused on loans and loan guarantees, and we're able to act on that so quickly, has really made a meaningful impact, not only within the Department, but within the market. And we're starting to see the market shift in ways already, just by the announcement today, of folks responding with eagerness to be able to receive a loan to expand the production equipment that's required to grow industrial capacity in areas that they weren't able to grow prior to OSC’s existence.” The Director of the Office of Strategic Capital Jason Rathje’s episode of the Building the Base Podcast mini-series with the Office of the Under Secretary of Defense for Research and Engineering is out! If you’re interested in OSC’s recent Notice of Funding Availability, Jason goes into the vision and process in this episode. Thanks for coming on, Jason! Honorable James Geurts