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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 108 - New Markets Venture Capital (“NMVC”) Program |
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Subpart E - Evaluation and Selection of NMVC Companies |
§ 108.370 - Conditional approval.
Latest version.
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§ 108.370 Conditional approval.
From among the Applicants submitting eligible and complete applications, SBA will select a number of Applicants and will conditionally approve such selected Applicants to participate in the NMVC program. SBA will give each such Conditionally Approved NMVC Company a specific period of time, not to exceed two years, to satisfy the requirements to become a NMVC Company.