13 C.F.R. § 108.140 SBA approval of initial Management Expenses.
Title 13 - Business Credit and Assistance
A NMVC Company must have its Management Expenses approved by SBA at the time of designation as a NMVC Company. (See §108.520 for the definition of Management Expenses.)
Title 13: Business Credit and Assistance
PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
Subpart C—Qualifications for the NMVC Program
Organizing a NMVC Company
§ 108.140 SBA approval of initial Management Expenses.
