Definitions

In this part, the following definitions apply: The term “developmental venture capital” means capital in the form of equity capital investments in businesses made with a primary objective of fostering economic development in low-income geographic areas. For the purposes of this paragraph, the term “equity capital” has the same meaning given such term in section 683(g)(4) of this title. The term “low-income individual” means an individual whose income (adjusted for family size) does not exceed— for nonmetropolitan areas, the greater of— the 11 So in original. Probably should be capitalized. term “low-income geographic area” means— any population census tract (or in the case of an area that is not tracted for population census tracts, the equivalent county division, as defined by the Bureau of the Census of the Department of Commerce for purposes of defining poverty areas), if— in the case of a tract— any area located within— The term “New Markets Venture Capital company” means a company that— The term “operational assistance” means management, marketing, and other technical assistance that assists a small business concern with business development. The term “participation agreement” means an agreement, between the Administrator and a company granted final approval under section 689c(e) of this title, that— The term “specialized small business investment company” means any small business investment company that— The term “State” means such 33 So in original. Probably should be “each”. of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, and any other commonwealth, territory, or possession of the United States.