Item 7.01. Regulation FD Disclosure.

On November 13, 2006, Renaissance Capital Growth & Income Fund III, Inc. (the “Fund”) issued a press release announcing a fourth quarter distribution and a new deemed dividend policy. The press release is included as Exhibit 99.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(c)  
Exhibits.
 
Exhibit 99.1 Press Release dated November 13, 2006.
 
 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


RENAISSANCE CAPITAL GROWTH & INCOME FUND III, INC.

November 14, 2006
(Date)
/s/ Russell Cleveland
Russell Cleveland, President
 
 
 
 
EXHIBIT INDEX

Exhibit
Number
  
 
Description
 
Press Release dated November 13, 2006.