15 U.S.C. § 690a — Purposes
submitted 19 years ago by Pub. L. 85-699 to r/title-15-COMMERCE-AND-TRADE · 197 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The purposes of the Renewable Fuel Capital Investment Program established under this part are—
to promote the research, development, manufacture, production, and bringing to market of goods, products, or services that generate or support the production of renewable energy* by encouraging venture capital* investments in smaller enterprises primarily engaged 1 such activities; and
to establish a venture capital program, with the mission of addressing the unmet equity investment needs of smaller enterprises engaged in researching, developing, manufacturing, producing, and bringing to market goods, products, or services that generate or support the production of renewable energy, to be administered by the Administrator*—
to enter into participation agreements with Renewable Fuel Capital Investment companies;
to guarantee debentures of Renewable Fuel Capital Investment companies to enable each such company* to make venture capital investments in smaller enterprises engaged in the research, development, manufacture, production, and bringing to market of goods, products, or services that generate or support the production of renewable energy; and
to make grants to Renewable Fuel Investment Capital companies, and to other entities, for the purpose of providing operational assistance* to smaller enterprises financed, or expected to be financed, by such companies.
Source credit: (Pub. L. 85–699, title III, § 382, as added Pub. L. 110–140, title XII, § 1207, Dec. 19, 2007, 121 Stat. 1775.)
- 2007Enacted · Pub. L. 85-699 · 121 Stat. 1775
A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-699 on 2007-12-19.
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