JACOB INTERNET FUND INC
N-8A, 1999-07-14
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940


         The undersigned investment company hereby notifies the Securities and
Exchange  Commission  that it registers  under and pursuant to the provisions of
Section 8(a) of the Investment  Company Act of 1940 and in connection  with such
notification of registration submits the following information:

Name:    Jacob Internet Fund Inc.

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

         c/o  Jacob Asset Management LLC
         1675 Broadway, New York, New York 10019

Telephone Number (including area code):  _______

Name and Address of agent for service of process:

         Ryan I. Jacob
         c/o  Jacob Asset Management LLC
         1675 Broadway
         New York, New York  10019

Check Appropriate Box:

         Registrant is filing a Registration  Statement  pursuant to
         Section  8(b)  of  the  Investment   Company  Act  of  1940
         concurrently with the filing of form N-8A:

              YES    X                             NO    ___


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<PAGE>


                                   SIGNATURES


Form of signature  if  registrant  is an  investment  company  having a board of
directors:

Pursuant  to the  requirements  of the  Investment  Company  Act  of  1940,  the
registrant has caused this notification of registration to be duly signed on its
behalf  in the City of New  York and  State of New York on the 14th day of July,
1999.


                       Signature:  Jacob Internet Fund Inc.


                                   By:  /s/ RYAN I. JACOB
                                        --------------------------------------
                                        Ryan I. Jacob
                                        President and Chief Investment Officer

Attest:  /s/ FRANCIS J. ALEXANDER




854776.1



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