Pentagon teams up with SBA to sweeten the pot for tech investments

Pentagon teams up with SBA to sweeten the pot for tech investments
Pentagon teams up with SBA to sweeten the pot for tech investments

For now, says Office of Strategic Capital director Jason Rathje, his three-month-old office will work through existing programs outside the Defense Department, in hopes of boosting investment in critical tech, especially hardware.

Pentagon’s ‘strategic capital’ office focusing on ‘deep tech’ startups through SBIC initiative

Pentagon’s ‘strategic capital’ office focusing on ‘deep tech’ startups through SBIC initiative
Pentagon’s ‘strategic capital’ office focusing on ‘deep tech’ startups through SBIC initiative

“OSC was fundamentally established to give the Department of Defense a new tool in our current competition because today the United States… is in a global competition to be a world leader in emerging and critical technologies,” Jason Rathje, OSC director, said, noting they’ll be taking applications for investment later this year.

Congress saves SBIR program at the last minute, with strings attached

Congress saves SBIR program at the last minute, with strings attached
Congress saves SBIR program at the last minute, with strings attached

After lawmakers raised concerns about potential abuse, there was a “Herculean” effort to rewrite the legislation.

Space AQ Council Eyes Helping Space Startups Crack CARES Act

Space AQ Council Eyes Helping Space Startups Crack CARES Act
Space AQ Council Eyes Helping Space Startups Crack CARES Act

“In space, particularly, we’ve got to have a model that is very different than the one we used the last century,” Roper summed up. “We’re going to need to evaluate companies that have the potential to commercialize successfully as a delineator of who we partner with.”