# 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 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.