[§206M-75]  Seed capital investments.  Subject to this subpart, the development corporation may invest in:

     (1)  A certified development company under sections 501 to 503 of the Small Business Investment Act of 1958 (15 U.S.C. 695 to 697) and the regulations adopted under those sections;

     (2)  A small business investment company under the Small Business Investment Act (15 U.S.C. 631 to 634, 636 to 649) and the regulations adopted under those sections;

     (3)  A minority enterprise small business investment corporation or equivalent venture capital corporation;

     (4)  A similar entity that may leverage its capital under a federal program; or

     (5)  A seed capital fund or partnership. [L 2019, c 56, pt of §2]