Title 15 — Commerce and TradeRelease 119-73

§690a Purposes

Title 15 › Chapter CHAPTER 14B— - SMALL BUSINESS INVESTMENT PROGRAM › Subchapter SUBCHAPTER III— - INVESTMENT DIVISION PROGRAMS › Part Part C— - Renewable Fuel Capital Investment Pilot Program › § 690a

Last updated Apr 6, 2026|Official source

Summary

Encourages venture capital to help small companies research, build, produce, and sell products or services that create or support renewable energy. Creates a venture-capital program run by the Administrator to fill gaps in funding for those small companies. The program will make participation deals with specialized investment companies, guarantee their debt so they can invest in small renewable-energy firms, and give grants to those investment companies and others to help the small firms with operations.

Full Legal Text

Title 15, §690a

Commerce and Trade — Source: USLM XML via OLRC

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 11 So in original. Probably should be followed by “in”. 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.

Reference

Citations & Metadata

Citation

15 U.S.C. § 690a

Title 15 — Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73