The New Markets Venture Capital Program is a developmental venture capital program designed to promote economic development and the creation of wealth and job opportunities in low-income geographic areas. Recipients use funds to make equity capital investments in smaller enterprises located in low-income geographic areas. Recipients can also use funds to provide management and technical assistance to smaller enterprises in connection with such investments. Contact the New Markets Venture Capital Program, 409 3rd Street, NW, Suite 6300, Washington, DC 20416; 202-205-6510; www.sba.gov/INV/
Income Eligibility: None
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