C.F.R. » Title 13 » CHAPTER I—SMALL BUSINESS ADMINISTRATION › PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM › Subpart E—Evaluation and Selection of NMVC Companies

13 C.F.R. § 108.370

Conditional approval

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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.