§211F-22 - Seed capital investments.
[§211F-22] Seed capital investments. Subject to this chapter, the corporation may invest in:
(1) A certified development company under sections 501 to 503 of the Small Business Investment Act of 1958, 15 U.S.C. 695 to 697, and the regulations adopted under those sections;
(2) A small business investment company under the Small Business Investment Act, 15 U.S.C. 631 to 634, 636 to 649, and the regulations adopted under those sections;
(3) A minority enterprise small business investment corporation or equivalent venture capital corporation;
(4) A similar entity that may leverage its capital under a federal program; or
(5) A seed capital fund or partnership. [L 1990, c 110, pt of §3]