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Advanced / Transformational Technology

DoD Loan Office Plans On First Funding Availability Notice This Year

By Cal Biesecker

Thursday, August 8th, 2024

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DoD Loan Office Plans On First Funding Availability Notice This Year

Dr. Jason Rathje, director, Office of Strategic Capital, Department of Defense. LinkedIn photo

A relatively new Defense Department office charged with developing a loan program to aid companies developing key technologies that are part of the supply chain but are frequently starved of private capital plans to officially solicit lending opportunities later this year and begin making its first loans in early 2025, the director of the Office of Strategic Capital (OSC). OSC’s fiscal year 2024 budget of $100 million includes $49 million for the financing, which will begin with pilot loans early…

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