[Federal Register Volume 70, Number 28 (Friday, February 11, 2005)]
[Notices]
[Page 7318]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-2666]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0456]


HorizonVentures Fund II, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Horizon Ventures Fund II, L.P., 4 Main 
Street, Suite 50, Los Altos, CA 94022, 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 107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Horizon Ventures Fund II, L.P. proposes to provide equity/debt security 
financing to iWatt, Inc.. The financing is contemplated for operating 
expenses and for general corporate purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Horizon Ventures Fund I, L.P. and Horizon 
Ventures Advisors Fund I, L.P., both Associates of Horizon Ventures 
Fund II, L.P., own more than ten percent of iWatt, Inc.
    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: January 11, 2005.
Jaime Guzman-Fournier,
Acting Associate Administrator for Investment.
[FR Doc. 05-2666 Filed 2-10-05; 8:45 am]
BILLING CODE 8025-01-P