[Federal Register Volume 64, Number 224 (Monday, November 22, 1999)]
[Notices]
[Pages 63839-63840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30425]
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SMALL BUSINESS ADMINISTRATION
[Applicant No. 99000356]
EDF Ventures, L.P.; Notice Seeking Exemption Under Section 312 of
the Small Business Investment Act, Conflicts of Interest
Notice is hereby given that EDV Ventures, L.P. (``EDF''), 425 North
Main Street, Ann Arbor, MI 48104, an applicant for a Federal License
under the Small Business Investment Act of 1958, as amended (``the
Act''), in connection with the completed financing of a small concern
is seeking an exemption under section 312 of the Act and section
107.730, Financings which Constitute Conflicts of Interest of the Small
Business Administration (``SBA'') rules and regulations (13 CFR 107.730
(1998)). An exemption may not be granted by SBA until Notices of this
transaction have been published. EDF Ventures, LP plans to provide
equity financing to InterLase Corporation, 2217 Vinewood Boulevard, Ann
Arbor, MI 48104. The financing will be used for research, development,
and working capital purposes.
The financing is brought within the purview of 107.730(a)(1) of the
Regulations because EDF II, L.P., an associate of EDF Ventures, L.P.,
owns greater than 10 percent of InterLase Corporation, and therefore
InterLase
[[Page 63840]]
Corporation is considered an Associate of EDF Ventures, L.P. as defined
in Sec. 107.50 of the regulations.
Notice is hereby given that any interested person may, not later
than fifteen (15) days from the date of publication of this Notice,
submit written comments on the transaction to the Associate
Administrator for Investment, U.S. Small Business Administration, 409
Third Street, SW, Washington, DC 20416.
A copy of this notice shall be published, in accordance with
Section 107.730(g), in the Federal Register by SBA.
Dated: November 12, 1999.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 99-30425 Filed 11-19-99; 8:45 am]
BILLING CODE 8025-01-P
