Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM N-54A

NOTIFICATION OF ELECTION TO BE SUBJECT TO SECTIONS 55
THROUGH 65 OF THE INVESTMENT COMPANY ACT OF 1940 FILED
PURSUANT TO SECTION 54(a) OF THE ACT

The undersigned business development company hereby notifies the Securities and Exchange Commission that it elects, pursuant to the provisions of section 54(a) of the Investment Company Act of 1940 (the “Act”), to be subject to the provisions of sections 55 through 65 of the Act and, in connection with such notification of election, submits the following information:

Name:  NeXt Innovation Corp.

Address of Principal Business Office (No. & Street, City, State, Zip Code):

2965 Woodside Road
Woodside, CA 94062

Telephone number (including area code):  (650) 206-2965

-Name and address of agent for service of process:

Steve D. Bard
Chief Financial Officer
NeXt Innovation Corp.
2965 Woodside Road
Woodside, CA 94062
 
Check one of the following:

x
The company has filed a registration statement for a class of equity securities pursuant to section 12 of the Securities Exchange Act of 1934.  Give the file number of the registration statement, or if the file number is unknown or has not yet been assigned, give the date on which the registration statement was filed:
 
333-171578                                                                                                    

o
The company is relying on rule 12g-2 under the Securities Exchange Act of 1934 in lieu of filing a registration statement for a class of equity securities under that Act.

The file number of the registration as an investment company pursuant to section 8(a) of the Act, if any, of the company:  ______________________________________________________________________________

The file number of the registration as an investment company pursuant to section 8(a) of the Act, if any, of any subsidiary of the company:  __________________________________________________________________

The undersigned company certifies that it is a closed-end company organized under the laws of the State of Maryland and with its principal place of business in the State of California; that it will be operated for the purpose of making investments in securities described in section 55(a)(1) through (3) of the Investment Company Act of 1940; and that it will make available significant managerial assistance with respect to issuers of such securities to the extent required by the Act.
 
 
 

 
 
Pursuant to the requirements of the Act, the undersigned company has caused this notification of election to be subject to sections 55 through 65 of the Investment Company Act of 1940 to be duly signed on its behalf in the Woodbridge and State of California on the 27th day of April, 2011.
 
 
NeXt Innovation Corp.
 
       
 
By:
/s/ Michael T. Moe  
    Name: Michael T. Moe  
    Title: Chief Executive Officer, President and Chairman of the Board of Directors  
       
 
Attest:  
/s/ Stephen D. Bard      
 
Name: Stephen D. Bard
 
 
Title: Chief Financial Officer, Chief Compliance Officer, Treasurer and Corporate Secretary