DoD Launches New Platform to Connect Inventors with “Trusted” Venture Funding
On January 13, 2021, the Department of Defense (DoD) announced the launch of its Trusted Capital Digital Marketplace (TCDM) to support qualified small and medium sized businesses (“Domestic Companies”) that make up the defense industrial base (DIB). The TCDM establishes a forum to provide selected innovative domestic companies with access to “vetted” sources of private capital in the form of loans, loan guarantees, incentives, and investments to enhance the capability of the DIB to serve…