First In Ventures Fund 3 SBIC Critical Technologies LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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Published

March 27, 2026

Issuing agencies

Small Business Administration

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[Federal Register Volume 91, Number 59 (Friday, March 27, 2026)]
[Notices]
[Pages 14899-14900]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-05996]


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SMALL BUSINESS ADMINISTRATION

[License No. 40002379]


First In Ventures Fund 3 SBIC Critical Technologies LP; Notice 
Seeking Exemption Under Section 312 of the Small Business Investment 
Act, Conflicts of Interest

    Notice is hereby given that First In Ventures Fund 3 SBIC Critical 
Technologies LP, 11450 SE Dixie Hwy, Suite 201, Hobe Sound, FL 33455, 
Federal Licensee under the Small Business Investment Act of 1958, as 
amended (``the Act''), in connection with financings of a small 
business, has sought an exemption under Section 312

[[Page 14900]]

of the Act and 13 CFR 107.730, Financings which Constitute Conflicts of 
Interest of the Code of Federal Regulations. First In Ventures Fund 3 
SBIC Critical Technologies LP proposes to provide financing to SCATR 
Corporation, 26391 Curtiss Wright Parkway Suite 108, Cleveland, OH 
44143 to support the company's growth.
    The financing is brought within the purview of 13 CFR 107.730(a) of 
the regulations because First In Ventures Fund II LP and First in SCATR 
2024 LLC, Associates of First In Ventures Fund 3 SBIC Critical 
Technologies LP, own more than ten percent of SCATR Corporation. First 
in Ventures Fund II LP and First in SCATR 2024 LLC are Associates by 
virtue of Common Control, as those terms are defined in 13 CFR 107.50. 
Therefore, this transaction is considered a financing which constitutes 
a conflict of interest.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street SW, Washington, DC 
20416.

Paul Salgado,
Director, Investment Portfolio Management, Office of Investment and 
Innovation.
[FR Doc. 2026-05996 Filed 3-26-26; 8:45 am]
BILLING CODE P


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