Text
Title 13: Business Credit and Assistance
CHAPTER I: SMALL BUSINESS ADMINISTRATION
PART 108: NEW MARKETS VENTURE CAPITAL (?NMVC?) PROGRAM
Subpart N: Requirements and Procedures for Operational Assistance Grants to NMVC Companies and SSBICs
108.2004 - Contents of application submitted by SSBICs.
Each application submitted by an SSBIC for an Operational Assistance grant must contain the information specified in the application packet provided by SBA, including the following information:
(a) Amounts. An SSBIC must specify the amount of Regulatory Capital it intends to raise after December 21, 2000, and the amount of Operational Assistance grant funds it seeks from SBA, which must be at least 30 percent of its intended increase in its Regulatory Capital since December 21, 2000.
(b) Plan. An SSBIC must submit a plan addressing the specific items described in ? 108.2005.
[67 FR 68503, Nov. 12, 2002]
Sponsored links
