§206M-75 Seed capital investments. Subject to this subpart, the development corporation may invest in: (1) A certified development company under sections 501 to 503 of the Small Business Investment Act of 1958 (15 U.S.C. 695 to 697) and the regulations adopted under those sections; (2) A small business investment company under the Small Business Investment Act (15 U.S.C. 631 to 634, 636 to 649) and the regulations adopted under those sections; (3) A minority enterprise small business investment corporation or equivalent venture capital corporation; (4) A similar entity that may leverage its capital under a federal program; or (5) A seed capital fund or partnership. [L 2019, c 56, pt of §2]
Hawaii Legal Code