[Federal Register Volume 65, Number 42 (Thursday, March 2, 2000)]
[Notices]
[Pages 11361-11362]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-5025]


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SMALL BUSINESS ADMINISTRATION

[Applicant No. 99000356]


EDF Ventures, L.P.; Notice Seeking Exemption Under Section 312 of 
the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that EDF Ventures, L.P. (``EDF''), 425 North 
Main Street, Ann Arbor, MI 48104, an applicant for a Federal License 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with the completed financing of a small concern 
is seeking an exemption under section 312 of the Act and section 
107.730, Financings which Constitute Conflicts of Interest of the Small 
Business Administration (``SBA'') rules and regulations (13 CFR 107.730 
(1998)). An exemption may not be granted by SBA until Notices of this 
transaction have been published. EDF Ventures, LP plans to provide 
equity financing to Xtera Communications, Inc., 1334 Bordeaux Drive, 
Sunnyvale, CA 94089. The financing will be used for research, 
development, and working capital purposes.
    The financing is brought within the purview of section Sec. 
107.730(a)(1) of the Regulations because Enterprise Development Fund 
II, L.P., an associate of EDF Ventures, LP owns greater than 10 percent 
of Xtera Communications, Inc., and therefore Xtera Communications is 
considered an Associate of EDF Ventures, LP as defined in Sec. 107.50 
of the regulations.
    Notice is hereby given that any interested person may, not later 
than fifteen (15) days from the date of publication of this Notice, 
submit written comments on the transaction to the Associate 
Administrator for Investment, U.S. Small Business

[[Page 11362]]

Administration, 409 Third Street, SW, Washington, DC 20416.
    A copy of this notice shall be published, in accordance with Sec. 
107.730(g), in the Federal Register by SBA.

    Dated: February 24, 2000.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 00-5025 Filed 3-1-00; 8:45 am]
BILLING CODE 8025-01-P