Title 15, Commerce and TradeRelease 119-110

§690 Definitions

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

Last updated Sep 22, 2026|Official source

Summary

Gives simple definitions for important words used here. Operational assistance — help with management, marketing, and other technical support to grow a small business. Participation agreement — a contract between the Administrator and an approved company that sets the company’s operating plan and investment rules and requires it to invest mainly in small firms making or selling products or services tied to renewable energy. Renewable energy — energy from resources that renew or can’t be used up, like solar, wind, ethanol, and biodiesel. Renewable Fuel Capital Investment company — a company either finally approved and signed up under section 690c(e) or conditionally approved under section 690c(c). State — each State, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, American Samoa, the Northern Mariana Islands, and any other U.S. commonwealth, territory, or possession. Venture capital — equity investments as defined in section 683(g)(4) of this title.

Full Legal Text

Title 15, §690

Commerce and Trade, Source: USLM XML via OLRC

In this part:
(1)Operational assistance
The term “operational assistance” means management, marketing, and other technical assistance that assists a small business concern with business development.
(2)Participation agreement
The term “participation agreement” means an agreement, between the Administrator and a company granted final approval under section 690c(e) of this title, that—
(A)details the operating plan and investment criteria of the company; and
(B)requires the company to make investments in smaller enterprises primarily engaged in researching, manufacturing, developing, producing, or bringing to market goods, products, or services that generate or support the production of renewable energy.
(3)Renewable energy
The term “renewable energy” means energy derived from resources that are regenerative or that cannot be depleted, including solar, wind, ethanol, and biodiesel fuels.
(4)Renewable Fuel Capital Investment company
The term “Renewable Fuel Capital Investment company” means a company—
(A)that—
(i)has been granted final approval by the Administrator under section 690c(e) of this title; and
(ii)has entered into a participation agreement with the Administrator; or
(B)that has received conditional approval under section 690c(c) of this title.
(5)State
The term “State” means each of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, and any other commonwealth, territory, or possession of the United States.
(6)Venture capital
The term “venture capital” means capital in the form of equity capital investments, as that term is defined in section 683(g)(4) of this title.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Part effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.

Reference

Citations & Metadata

Citation

15 U.S.C. § 690

Title 15, Commerce and Trade

Last Updated

Sep 22, 2026

Release point: 119-110