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[D] Recipient businesses were encouraged to relocate to areas more favorable for business development.
4. The author refers to the ‘financial and operating problems’ encountered by MESBIC’s primarily in order to
[A] broaden the scope of the discussion to include the legal considerations of funding MESBIC’s through sponsoring companies.
[B] call attention to the fact that MESBIC’s must receive adequate funding in order to function effectively.
[C] show that sponsoring companies were willing to invest only $500,000 of government-sponsored venture capital in the original MESBIC’s.
[D] Compare SBA and MESBIC limits on minimum funding.
5. It can be inferred from the passage that the attitude of some MESBIC staff member toward the investments preferred by some MESBIC directors can be best described as