Office of Strategic Capital

The Center for Strategic and International Studies (CSIS) recently published a report, funded by the Office of Strategic Capital, on “Alternative Funding Mechanisms in Review: Catalyzing Investment to Achieve U.S. Government Aims.” The report summarizes the various non-direct funding tools leveraged by U.S. Government Agencies, with a specific focus on investments that align with the 14 critical technologies the DOD has identified as vital to national security: https://lnkd.in/dfyMyKMu The appearance of external hyperlinks does not constitute endorsement by the United States Department of Defense of the linked websites, or the information, products or services contained therein. Other than for authorized activities, such as military exchanges and Morale, Welfare and Recreation sites, the United States Department of Defense does not exercise any editorial control over the information you may find at these locations.

The Office of Strategic Capital (OSC) has a job opening for an Attorney-Adviser. Responsibilities would include, but are not limited to, providing legal counsel to shape OSC's investment strategy; leading the development and refinement of legal frameworks, documents, and policies for the OSC Credit Program; spearheading the legal due diligence process for the OSC Credit Program;?advising?on intricate legal and policy matters and interpreting pertinent legislation and regulations for OSC; managing the selection and oversight of external legal counsel; and collaborating with senior management to introduce and enforce innovative legal concepts and standards. To read the full job description, including anticipated job duties, employment requirements, and application instructions, please visit the official job posting on USAJobs at the following link:?https://lnkd.in/gF_HVcx5

The Office of Strategic Capital (OSC) has 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) lays out eligibility criteria, describes the application process for OSC loans, and ensures that companies are fully prepared to apply for OSC financing.?To access the NOFA and to learn more, read the official press release here: https://lnkd.in/e33xZeGu

Last month, the Office of Strategic Capital (OSC) released two Request for Information (RFI) documents in the Federal Register that seek public comments from companies and financial institutions as OSC prepares to issue loans and loan guarantees for critical technology and supply chain components. Both RFIs will be open for public input through October 22. 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. For additional information and to submit comments for consideration, visit the official notices on the Federal Register website, which are linked in the full DoD press release at?https://lnkd.in/ddjubiKx

Last month, the Office of Strategic Capital (OSC) released two Request for Information (RFI) documents in the Federal Register that seek public comments from companies and financial institutions as OSC prepares to issue loans and loan guarantees for critical technology and supply chain components. Both RFIs will be open for public input through October 22. 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. For additional information and to submit comments for consideration, visit the official notices on the Federal Register website, which are linked in the full DoD press release at?https://lnkd.in/ddjubiKx

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

Come join the Team! The Office of Strategic Capital (OSC) is hiring a senior leader to lead the stand up and operation of the Credit Risk Management group within its new Credit Program Office. Credit Risk Management team will manage risks associated with loans and loan guarantees across corporate finance, asset-based, and project finance transactions in key technology sectors. In December 2023, Congress established the Office of Strategic Capital to attract and scale private capital into critical technology sectors. OSC’s Credit Program Office will originate, structure, and execute loan and loan guarantees for the most complex corporate, structured, and project finance transactions. OSC’s financing will enable companies to acquire, build, restructure, and expand manufacturing to support America’s technological edge. Our mandate is of national importance, commercially-driven, and time sensitive. More information on OSC can be found at https://www.cto.mil/osc/ OSC is seeking professionals with demonstrated leadership experience in banking, credit rating agencies, investment management, private equity, project development, consulting, and risk management. Please see our job posting below which is listed on USAJOBS.gov. Managing Director, Credit Risk Management (posted under Supervisory Loan Specialist on USAJOBS) USAJOBS Link: https://lnkd.in/enJBq6eT The deadline to submit resumes is July 19, 2024.

The FY24 Investment Strategy for the Office of Strategic Capital can also be found here: https://lnkd.in/e_zPgJF2

The United States Department of Defense is pleased to release the Fiscal Year (FY) 2024 Investment Strategy for the Office of Strategic Capital. The FY24 Investment Strategy identifies initial technology priority areas for OSC focus and describes how OSC will catalyze private investment in these priority industries. “I created the Office of Strategic Capital to foster U.S. private-sector investment in the cutting-edge tech that will keep America secure in the 21st century. This important investment strategy will leverage America’s core advantages in innovation and free enterprise to strengthen our industrial base and invest in tech areas that are critical for national security.” - Lloyd J. Austin, Secretary of Defense To read the FY24 Investment Strategy, and to learn more about working with OSCs, please visit our website https://www.cto.mil/osc/.