COVID-19 relief options and additional resources

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.

  • Regulations


  • Participants

    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...