13 CFR 108.2007 - Grant award to SSBICs.

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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

108.2007 - Grant award to SSBICs.

An SSBIC selected for an Operational Assistance grant award will receive a grant award only if, by a date established by SBA, it increases its Regulatory Capital in the specific amount set forth in its application, pursuant to ? 108.2004(a), and raises matching resources for the grant in the amount required by ? 108.2030(d)(2).

[67 FR 68503, Nov. 12, 2002]

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