Hon. Ellen Lord, defense undersecretary for acquisition and sustainment and a 2020 Wash100 Award recipient, wrote in a National Defense article published Sunday about the Trusted Capital Marketplace and how the public-private partnership helps bolster the defense supply chain and protects it from adversarial capital.
The Trusted Capital Marketplace “creates an ecosystem that fosters deal flow between companies building technologies critical to the defense sector and trusted capital providers seeking to expand their national security investment portfolio,” Lord wrote.
She also mentioned Trusted Capital’s partnerships with academia and service branches to help tech companies and small businesses pitch their tech platforms through venture days.
Lord said the Trusted Capital team will host with AFWERX and the Air Force Life Cycle Management Center a dual-use innovation event in August to help companies under the Small Business Innovation Research Program’s initial phase transition to Phase II.
She also noted that the Trusted Capital team and the office of industrial policy within DoD’s acquisition and sustainment office plan to launch a Global Trusted Capital Marketplace to facilitate the participation of U.S. and allied capital partners and companies.