[Federal Register Volume 68, Number 246 (Tuesday, December 23, 2003)]
[Notices]
[Page 74277]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-31519]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0420]


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

    Notice is hereby given that Aspen Ventures III, L.P., of 1000 
Fremont Avenue, Suite 200, Los Altos, California 94024, a Federal 
Licensee under the Small Business Investment Act of 1958, as amended 
(``the Act''), in connection with the financing of a small concern, has 
sought an exemption under section 312 of the Act and section 107.703, 
Financings which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') rules and regulations (13 CFR 107.730 (2001)). 
Aspen Ventures III, L.P. proposes to provide equity financing to 
RedSiren, Inc. of 650 Smithfield Street Suite 900, Pittsburgh, 
Pennsylvania 15222. The financing is contemplated for general corporate 
purposes including research and development, sales and marketing 
expansion and working capital.
    This financing is brought within the purview of Sec. 107.730(a)(1) 
of the regulations because Aspen Ventures III L.P.'s limited partner 
Redleaf Group, Inc. (an investor in Aspen Ventures III) and an 
Associate of Aspen Ventures III, L.P., currently owns greater than 10 
percent of RedSiren, Inc. and therefore is considered an Associate 
Aspen Ventures III, L.P., as defined in Sec. 107.50 of the regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Associate Administrator for 
Investment, U.S. Small Business Administration, 409 Third Street, SW, 
Washington, DC 20416.

    Dated: December 11, 2003.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 03-31519 Filed 12-22-03; 8:45 am]
BILLING CODE 8025-01-P