[Federal Register Volume 76, Number 230 (Wednesday, November 30, 2011)]
[Notices]
[Page 74115]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-30604]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0454]


Emergence Capital Partners SBIC, L.P.; 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 
security financing to Bill.com, Inc., 3250 Ash Street, Palo Alto, CA 
94306.
    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., both Associates of Emergence 
Capital Partners SBIC, L.P., own in the aggregate more than ten percent 
of Bill.com, Inc, and therefore this transaction is considered a 
financing of an Associate requiring prior SBA approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen 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: November 15, 2011.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2011-30604 Filed 11-29-11; 8:45 am]
BILLING CODE M