[Federal Register: October 17, 2007 (Volume 72, Number 200)]
[Notices]               
[Page 58924]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17oc07-123]                         

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SMALL BUSINESS ADMINISTRATION

[License No. 02/72-0625]

 
Founders Equity SBIC I, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Founders Equity SBIC I, L.P., 711 Fifth 
Avenue, 5th Floor, New York, NY 10022, a Federal Licensee under the 
Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of a small concern, has sought an 
exemption under section 312 of the Act and section 107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Founders Equity SBIC I, L.P. proposes to provide equity security 
financing to CORE Business Technology Solutions, Inc., 201 West 103rd 
Street, Suite 240, Indianapolis, IN 46290. The financing is 
contemplated as part of a capital restructuring of the company.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Founders Equity NY, L.P., an Associate of 
Founders Equity SBIC I, L.P., owns more than ten percent of CORE 
Business Technology Solutions, Inc., and therefore CORE Business 
Technology Solutions, Inc. is considered an Associate of Founders 
Equity SBIC I, L.P. as defined in Sec.  107.50 of the Regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Associate Administrator for 
Investment, U.S. Small Business Administration, 409 Third Street, SW., 
Washington, DC 20416.

    Dated: September 25, 2007.
A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. E7-20454 Filed 10-16-07; 8:45 am]

BILLING CODE 8025-01-P