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DoD and SBA Collaborate on SBIC Critical Technology Initiative
Oct 23, 2024•over 1 year ago
Contract Type
partnership
Washington
Description
The Department of Defense and U.S. Small Business Administration have announced the first group of investment funds approved under the Small Business Investment Company Critical Technology Initiative (SBICCT Initiative). The initiative aims to attract and scale private investment in critical technology areas, with over $2.8 billion to be invested into 1,000+ companies.
Company Information
Company
SBA
Location
Washington, United States
About
The U.S. Small Business Administration helps power the American dream of business ownership and empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster.