Department of Defense and U.S. Small Business Administration Publish Names of First 18 Licensed and Green Light Approved Funds for the Small Business Investment Company Critical Technologies Initiative

Today, the Department of Defense (DoD) is publishing the names of the entire first cohort of Licensed and Green Light Approved funds under the Small Business Investment Company Critical Technologies Initiative (SBICCT Initiative). The SBICCT Initiative is a partnership between the DoD and the U.S. Small Business Administration (SBA) to strengthen U.S. national and economic security by attracting and scaling private investment into the DoD Critical Technology Areas (CTAs) and into component-level technologies and production processes. Collectively, this first cohort is projected to invest over $4 billion into over 1700 portfolio companies focused on all 14 CTAs and on strategic component tech...