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New Markets Venture Capital Program

The New Markets Venture Capital (NMVC) program is no longer accepting applications. If you are a small business owner seeking financing, please refer to the information provided in SBIC Program: Seeking Financing for your Small Business

If you are an investment fund manager interested in the SBA’s private equity and venture capital programs, please refer to the Small Business Investment Company program page

The New Markets Venture Capital ("NMVC") Program is a developmental venture capital program created in 2001. The pilot program was designed to promote economic development and the creation of wealth and job opportunities in low-income geographic areas and among individuals living in such areas. Funds that were approved as New Markets Venture Capital Companies ("NMVCCs”) continue to operate, though they are no longer actively seeking to make new investments in small businesses.




  • Low Income Area Mapping Tool (based upon 2000 Census Data).
  • This grant guidance is a summary of the policies and procedures applicable to New Markets Venture Capital Companies that receive a grant under the New Markets Venture Capital ("NMVC") program ("Recipient")....
  • The following funds were Finally Approved to operate as NMVC Companies: Adena Ventures, LP Final Approval Date: April 24, 2002 Targeted LI Areas: OH, WV & MD New Markets Venture Partners, LLC Final Approval Date: March 5, 2003...
  • Some of the files below require Acrobat Reader, or Winzip to view them. Please visit the viewing utility. New Markets Venture Capital Program--13 CFR PART 108 Federal Acquisition Regulations-- Part 31 Part 2 Other...

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