[Federal Register Volume 73, Number 94 (Wednesday, May 14, 2008)]
[Notices]
[Page 27883]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-10759]



[[Page 27883]]

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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0456]


Horizon Ventures 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 Invivodata, Inc., 2100 Wharton Street, Suite 505, 
Pittsburgh, PA 15203. The financing will provide funding for research 
and development, sales and marketing, and working capital.
    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 Invivodata, Inc. Therefore, 
Invivodata, Inc. is considered an Associate of Horizon Ventures Fund 
II, L.P., as defined at 13 CFR 107.50 of the SBIC 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: April 7, 2008.
A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. E8-10759 Filed 5-13-08; 8:45 am]
BILLING CODE 8025-01-P