### Question
What is the definition of specialized small business investment company?


### Answer
The definition of **specialized small business investment company** is as follows in *15 U.S.C. § 689*:

> 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**

