NASA and SBA Launch SBIC-NASA Initiative to Boost Investment in Space Economy
By
Jessica Taveau
Summary
NASA and the U.S. Small Business Administration (SBA) have launched the SBIC-NASA Initiative to boost investment in American manufacturers and technology providers critical to space exploration. The initiative, established through a Memorandum of Agreement, connects NASA's technology priorities with funding opportunities via the new NASA Office of Strategic Capital and the SBA's Small Business Investment Company (SBIC) Program, aiming to support a sustained human presence on the Moon and Mars.
Source
bskyNASA and SBA Launch SBIC-NASA Initiative to Boost Investment in Space Economynasa.govKey quotes
· 3 pulledNASA and the U.S. Small Business Administration (SBA) launched the SBIC-NASA Initiative on Monday to increase investment in American manufacturers of industrial components and providers of technologies critical to space exploration to support a sustained presence on the Moon and Mars.
Under the Memorandum of Agreement, NASA will identify technology priorities and connect businesses to funding opportunities through the agency's new NASA Office of Strategic Capital.
The initiative also will be a part of SBA's Small Business Investment Company (SBIC) Program
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