### Question
How is the term specialized small business investment company defined?


### Answer
The term **specialized small business investment company** is defined in *15 U.S.C. § 689* as the following:

> any small business investment company that—


(A) invests solely in small business concerns that contribute to a well-balanced national economy by facilitating ownership in such concerns by persons whose participation in the free enterprise system is hampered because of social or economic disadvantages

#### 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**

