15 U.S.C. § 689b

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 689b - Establishment

In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may-

(1) enter into participation agreements with companies granted final approval under section 689c(e) of this title for the purposes set forth in section 689a of this title;

(2) guarantee the debentures issued by New Markets Venture Capital companies as provided in section 689d of this title; and

(3) make grants to New Markets Venture Capital companies, and to other entities, under section 689g of this title.

15 U.S.C. § 689b

Pub. L. 85-699, title III, §353, as added Pub. L. 106-554, §1(a)(8) [§1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A-655.

Administrator

the terms "Administration" and "Administrator" mean the Small Business Administration and the Administrator thereof, respectively; and