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Diane Publishing Books
Small Business Administration New Markets Venture Capital Program (NMVC)
Robert Jay Dilger (au)
The NMVC program is designed to promote econ. develop. and the creation of wealth and job opportunities in low-income areas by addressing the unmet equity invest. needs of small bus. (SB) located in those areas. SBA-selected, privately owned and managed NMVC co. provide funding and operational train. assist. to SB using private capital the NMVC co. has raised and up to 150% of that amount from the sale of SBA-guaranteed 10-year debentures. Contents of this report: NMVC Program Overview; Legislative Origin; NMVC Co. Eligibility and Performance Requirements; Eligibility of SB and Low-Income Areas; NMVC Leverage; Operational Assistance Training Grants; Program Statistics; Related Developments. A print on demand report.
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