In this part the following words have the meanings indicated. “Enterprise” means a business entity proposing to carry on a business in the State that meets the requirements of § 5–521 of this subtitle. “Enterprise” includes: a sole proprietorship; a partnership; a limited liability corporation; a limited partnership; a corporation; or a joint venture. “Equity participation financing” includes investment or guaranty of investment in an enterprise. “Existing business” means a business whose board of directors or owners approve the sale of the business to an enterprise receiving equity participation financing. “Program” means the Equity Participation Investment Program. “Qualified security” means: a note, bond, debenture, or other evidence of indebtedness; stock or other form of equity participation; a certificate of interest or participation in a profit–sharing agreement; an investment contract; a certificate of deposit for a security; a certificate of interest or participation in a patent or patent application or in royalty or other payments under a patent or patent application; or an interest or instrument commonly known as a “security” or a certificate for, receipt for, guaranty of, or option, warrant, or right to subscribe to or purchase a qualified security. “Small business” means a business that is classified as a small business under the U.S. Small Business Administration size standards.