[Federal Register Volume 75, Number 242 (Friday, December 17, 2010)]
[Notices]
[Page 79065]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-31675]



[[Page 79065]]

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SMALL BUSINESS ADMINISTRATION


Emergence Capital Partners SBIC, L.P. License No. 09/79-0454; 
Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that Emergence Capital Partners SBIC, L.P., 
160 Bovet Road, Suite 300, San Mateo, CA 94402, 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). 
Emergence Capital Partners SBIC, L.P. proposes to provide equity 
financing to Intacct Corporation, 125 S. Market Street, Suite 600, San 
Jose, California 95113. The financing is contemplated for working 
capital and general operating purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Emergence Capital Partners, L.P. and 
Emergence Capital Associates, L.P., Associates of Emergence Capital 
Partners SBIC, L.P., own more than ten percent of Intacct Corporation. 
Therefore, Intacct Corporation is considered an Associate of Emergence 
Capital Partners SBIC, L.P. and this transaction is considered 
Financing an Associate, requiring prior SBA approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction within 15 days of the date of this 
publication to the Associate Administrator for Investment, U.S. Small 
Business Administration, 409 Third Street, SW., Washington, DC 20416.

    Dated: December 3, 2010.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2010-31675 Filed 12-16-10; 8:45 am]
BILLING CODE 8025-01-M