§ 690a. Purposes

219 words·~1 min read·/usc/title-15/section-690a

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The purposes of the Renewable Fuel Capital Investment Program established under this part are—

(1)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

(2)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—

(A)to enter into participation agreements with Renewable Fuel Capital Investment companies;

(B)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

(C)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.

(Pub. L. 85–699, title III, § 382, as added Pub. L. 110–140, title XII, § 1207, Dec. 19, 2007, 121 Stat. 1775.)

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U.S. Code

§ 690b
Establishment

statute-compilations

Sec. 382
PURPOSES

statutes-at-large

Public Law 110–140
To move the United States toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers, to increase the efficiency of products, buildings, and vehicles, to promote research on and deploy greenhouse gas capture and storage options, and to

4 references not yet in our index

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Pub. L. 85–699, title III, § 382
Pub. L. 110–140, title XII, § 1207
121 Stat. 1775

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§ 690a

Purposes

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Cite1

Pub. L.Pub. L. 85–699, title III, § 382

Pub. L.Pub. L. 110–140, title XII, § 1207

Stat.121 Stat. 1775

Cites 4Cited by 3 across 3 sources