{"data":{"id":"us/13-cfr-108.2002","jurisdiction":"us","citation":"13 CFR 108.2002","heading":"Eligibility of SSBICs to apply for Operational Assistance grants.","body":"An SSBIC is eligible to apply for an Operational Assistance grant if:\n(a) It intends to increase its Regulatory Capital, as in effect on December 21, 2000, and to make Low-Income Investments in the amount of such increase;\n(b) It intends to raise binding commitments for contributions in cash or in-kind, and/or to purchase an annuity, in an amount not less than 30 percent of the intended increase in its Regulatory Capital described in paragraph (a) of this section; and\n(c) It has a plan describing how it intends to use the requested grant funds to provide Operational Assistance to Smaller Enterprises in which it has made or expects to make Low-Income Investments after December 21, 2000.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM","Subpart N—Requirements and Procedures for Operational Assistance Grants to NMVC Companies and SSBICs"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"20b83c4815453d5b5277a6f87cd1b1455f05645f8880b9cfd173b1795ab1b751","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-108.2001","next":"us/13-cfr-108.2003"},"notice":"GroundRules: Original legal text. Not legal advice."}