New Markets Venture Capital for Small Business

The goal of this program is to promote economic development and job opportunities in low-income geographic areas through developmental venture capital investments in smaller businesses located in such areas. The SBA designates New Markets Venture Capital companies which are eligible to receive guaranteed loans and project grants. The guaranteed loan funds are used to make equity capital investments in smaller businesses located in low-income geographic areas. For more information on the program (59.051 New Markets Venture Capital) contact the Director, New Markets Venture Capital Program, 409 3rd Street, NW, Suite 6300, Washington, DC 20416; 800-8ASK-SBA; 202-205-6510; Fax: 202-205-6013; www.sba.gov/aboutsba/sbaprograms/inv/nmvc/INV_NMVC_PROGOVERVIEW.htm


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