An act to amend the Federal securities laws to provide incentives for small business investment, and for other purposes.

[AI summary unavailable — showing source text] Small Business Investment Incentive Act of 1980 - Title I: Amendments to the Securities Act of 1933 - Amends the Securities Act of 1933 to include within the private offering exemption from full registration any transaction: (1) which is solely with accredited investors or persons the issuer believes to be accredited investors; (2) involving a security bearing a legend stating that such security may not be sold without compliance with the registration requirements or exemptions of such Act; and (3) for which there is no general advertising or solicitation. Defines the term "accredited investor" to include banks, insurance companies, registered investment companies, licensed small business investment companies, venture capital companies, any fund, trust, or account administered by a bank or insurance company, and any purchaser of $100,000 or more of the issuer's securities. Exempts from registration, as an action not involving an underwriter, any resale of a security to an accredited investor or a person the seller reasonably believes to be an accredited investor. Title II: Amendments to the Investment Company Act of 1940 and the Investment Advisers Act of 1940 - Amends the Investme…