Establishment of the Office of Strategic Capital

The United States is in a global competition to be the world’s leader in emerging critical technologies. These technologies are vital to creating enduring national security advantages and increasing economic prosperity. Today, the private sector provides the majority of capital for U.S. technology R&D and production, and private capital providers are a powerful force in shaping the agenda for America's technology advancement. Consequently, the Secretary of Defense established the Office of Strategic Capital (OSC) with the mission to develop, integrate, and implement proven partnered capital strategies to shape and scale investment in critical technologies.