### Question
What does participation agreement mean?


### Answer
**Participation agreement** has the following meaning in *15 U.S.C. § 689*:

> an agreement, between the Administrator and a company granted final approval under section 689c(e) of this title, that—


(A) details the company's operating plan and investment criteria

#### 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**

