Sec. 230. AUTHORITY FOR TEMPORARY ASSIGNMENT OF EMPLOYEES OF THE OFFICE OF STRATEGIC CAPITAL TO CERTAIN PRIVATE-SECTOR ORGANIZATIONS

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## SEC. 230 AUTHORITY FOR TEMPORARY ASSIGNMENT OF EMPLOYEES OF THE OFFICE OF STRATEGIC CAPITAL TO CERTAIN PRIVATE-SECTOR ORGANIZATIONS ###

(a)Authorization Using the authority provided under section 1599g of title 10, United States Code, the Secretary of Defense, acting through the Director of the Office of Strategic Capital, may carry out a program under which the Director arranges for the temporary assignment of an employee of the Office to a qualifying private-sector organization. ###

(b)Objectives The objectives of the program under subsection

(a)shall be— ####

(1)to enable the Office of Strategic Capital to rapidly acquire industry-specific context and technical competence across high priority technology and industrial focus areas through immersion in highly relevant emerging technology and business ecosystems across the United States; and ####

(2)to enhance, among personnel of the Department— #####

(A)understanding of, connectivity with, and access to knowledge about critical and emerging defense industrial base capabilities; and #####

(B)understanding of the strategic role that venture capital and private equity operations have in shaping future sustainment and modernization requirements for the defense industrial base. ###

(c)Matching and Tracking Capabilities In carrying out program under subsection (a), the Director of the Office of Strategic Capital shall— ####

(1)use digital automation and analysis capability to optimize the identification, assessment, and placement of participants within the program, which shall include the ability to match and track private-sector organizations with employees of the Office participating in the program in a manner that aligns the priorities, needs, and expertise of such employees, organizations, and the Office; and ####

(2)establish a database or other digital automation capability that— #####

(A)enables the Office to identify and track current and former participants in the program; #####

(B)documents the nature of the experience such participants had while in the program; and #####

(C)is suitable for potential development and expansion to other organizations of Department of Defense in the event the Secretary of Defense determines such expansion is appropriate. ###

(d)Qualifying Private-Sector Organization Defined In this section, the term “qualifying private-sector organization” means a private-sector organization that has functions and expertise relevant to the responsibilities of the Office of Strategic Capital, which may include organization such as a venture capital firm, private equity firm, or other such organizations as determined appropriated by the Director of the Office.