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b'When National Security Innovation Capital (NSIC) obligated its available funds for the current year, it marked a milestone for the three-year-old government-backed venture fund. After starting as an idea \\u2014 exploring whether the government can make an impact on early-stage hardware production to benefit the Defense Department \\u2014 it quickly developed into a working fund with 17 companies in its portfolio.\\nThe initial seed money from Congress spanned five years at $15 million per fiscal year after the first year with a mandate of providing funds to start-up hardware companies that could provide the Defense Department much-needed products from secure domestic sources.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'