That it inaugural NOFA especially seeks software to own lead funds that service modernization of manufacturing devices during the Protected Technology Kinds

That it inaugural NOFA especially seeks software to own lead funds that service modernization of manufacturing devices during the Protected Technology Kinds

step three. Notice regarding Funding Supply

0 Application Area 1. Area hands down the app and may become received of the cuatro:59 p.meters. East Time toward . Find point eight(B) for more information on App Area 1 submission instructions.

0 Application Region dos. Following the Application Area step one review, any office from Strategic Financing often ask specific people to complete Application Part 2. Pick section eight(E) for additional info on App Area dos submission advice.

App Region 2 articles was sensed with the a going basis. The office out-of Strategic Resource stop, cancel, or withdraw the fresh new Find out of Capital Accessibility any moment. All of the alter could be presented via Federal Sign in Notice therefore the OSC website from the

• Qualified Individuals: Pursuant so you can part 903 of the National Safety Consent Operate getting Fiscal Season 2024: (1) an eligible candidate need to be a qualified Entity, (2) investment should be inside a shielded Technical Class, and (3) opportunities shouldn’t be for the a phenomenon you to definitely only features defense applications (every one of Qualified Entity and you can Shielded Technology Category, due to the fact laid out regarding the National Coverage Consent Work getting Fiscal Season 2024). Also, eligible individuals will be reviewed to own creditworthiness, positioning on the objective of one’s Office of Strategic Investment, and you may conformity that have specific arrangements of Federal Credit Change Operate regarding 1990. Get a hold of point step three in the See regarding Capital Availableness to own good complete investigations from Qualification.
• Investment Possibility Breakdown: Lead money generated less than which Notice out of Financial support Availableness often seek to strengthen U.S. economic and you may federal defense by giving products loans fund to have organizations investing Secured Technology Kinds. Through this See out-of Resource Availableness, the office away from Strategic Funding tend to material as much as $10-$150 mil during the finance to help you just as much as 10 profitable candidates, subject to the availability of funds given that put down into the part 4(B)(I) below. Next Observes out of Financing Supply gives a lot more forms of monetary advice to possess businesses investing Safeguarded Technical Kinds.

4. Program Description

So it See of Funding Availability (NOFA) from the United states Institution of Safety (DoD or the Department) Office out-of Proper Capital (OSC) seeks submission out-of Part 1 of the Application to have Mortgage Capital (Software Region step 1) away from qualified people centered on criteria set forth when you look at the subsequent servings regarding the document. Winning Software Part step one articles can get located an invitation of OSC add a credit card applicatoin Region 2.

OSC has the authority to provide several kinds of guidelines, also lead loans, loan pledges, and you can technology guidelines you to service industrial also provide chains to own technology that are important to You.S. federal shelter. Individuals commonly needed to have earlier, most recent, otherwise future DoD otherwise Federal government agreements otherwise provide conversion process otherwise features toward Federal government become eligible. Subject to most appropriations, OSC expects to create options later on for additional CTCs and you may kind of advice, and mortgage guarantees.

Which NOFA will bring detailed information concerning the program objectives and requires individuals will need to meet to get investment. In addition it means the procedures the program use to check and choose apps to have financial support. Application Region step 1, OMB Handle Matter 0704-0694, flow from zero later on than just cuatro:59 p.m. Eastern Go out on the . OSC will invite certain individuals to submit Area 2 of your own app payday loans Tidmore Bend (OMB Handle Matter 0704-0694, Software Region dos) centered on its research away from Application Region step 1. OSC might provide subsequent ideas on this type of standards and procedures when you look at the next publications and you can through a number of social outreach lessons, factual statements about which can be offered at OSC’s webpages: Interested ( print webpage 79273) activities is always to regularly check the site for reputation.