JPMorganChase has announced a $1.5 trillion Security and Resiliency Initiative, a 10-year plan aimed at facilitating, financing, and investing in industries considered essential to national economic security. The initiative will include up to $10 billion in direct equity and venture capital investments, primarily targeting companies in the United States to support growth, innovation, and strategic manufacturing.
Jamie Dimon, Chairman and CEO of JPMorganChase, stated, “It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security. Our security is predicated on the strength and resiliency of America’s economy. America needs more speed and investment. It also needs to remove obstacles that stand in the way: excessive regulations, bureaucratic delay, partisan gridlock and an education system not aligned to the skills we need.”
The initiative comes as the U.S. seeks to modernize infrastructure, strengthen supply chains, and encourage growth-promoting policies. JPMorganChase will focus on four main areas: supply chain and advanced manufacturing (including critical minerals, pharmaceutical precursors, robotics), defense and aerospace (such as defense technology, autonomous systems, drones), energy independence (battery storage, grid resilience), and frontier technologies (AI, cybersecurity, quantum computing). These categories are further divided into 27 sub-areas ranging from shipbuilding to nanomaterials.
Previously, the firm planned to facilitate approximately $1 trillion over the next decade for clients in these sectors. With this new initiative, JPMorganChase aims to increase that by up to $500 billion—a 50% rise—across both middle-market companies and large corporate clients.
Dimon added, “This new initiative includes efforts like ensuring reliable access to life-saving medicines and critical minerals, defending our nation, building energy systems to meet AI-driven demand and advancing technologies like semiconductors and data centers. Our support of clients in these industries remains unwavering.”
JPMorganChase highlights its longstanding role in supporting key American industries over its 200-year history. The firm serves 34,000 mid-sized companies and over 90% of the Fortune 500. Its Commercial & Investment Bank has maintained a leading position for more than 15 years with deep relationships across defense, aerospace, healthcare, and energy sectors.
To support the initiative’s goals, JPMorganChase plans to hire additional bankers, investment professionals, and experts. An external advisory council comprising leaders from public and private sectors will be established to guide strategy.
The initiative also includes research on private companies and supply chain management issues related to rare earths and technology. This work will be supported by the firm’s Center for Geopolitics—recently launched to provide clients with analysis on global trends—and its Asset & Wealth Management division’s ongoing research in critical industries.
JPMorganChase intends to advocate for policies that accelerate investment in these areas by supporting research development, permitting processes, procurement practices, and regulations conducive to growth. The bank will also collaborate with community partners to promote talent development and skills training for jobs in these sectors.
Dimon concluded: “Hopefully, once again, as America has in the past, we will all come together to address these immense challenges. We need to act now.”