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DoD and SBA Launch $2.8B Partnership for Small Business Tech Innovations
Contract Type
partnership
Description
The Defense Department and the Small Business Administration (SBA) have partnered to launch the Small Business Investment Company Critical Technology (SBICCT) initiative, which aims to invest over $2.8 billion in small business tech innovations. The initiative focuses on essential technologies critical to U.S. national security, including microelectronics, space technology, advanced computing, and artificial intelligence.