§ 689b. Establishment
In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may—
(1)
enter into participation agreements with companies granted final approval under section
689c
(e) of this title for the purposes set forth in section
689a of this title;
(2)
guarantee the debentures issued by New Markets Venture Capital companies as provided in section
689d of this title; and
(3)
make grants to New Markets Venture Capital companies, and to other entities, under section
689g of this title.