### Question
What does developmental venture capital mean?


### Answer
**Developmental venture capital** has the following meaning in *15 U.S.C. § 689*:

> capital in the form of equity capital investments in businesses made with a primary objective of fostering economic development in low-income geographic areas

#### Citation:
  - *15 U.S.C. § 689*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER III-INVESTMENT DIVISION PROGRAMS > Part B-New Markets Venture Capital Program**

