SBIC Licensees Located in Minnesota on October 9, 2008 AAVIN Equity Partners I, L.P. Daryl Erdman 2500 Rand Tower Minneapolis, MN 55402 Phone: (602)375-9966 Fax: (319)363-9519 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Affinity Ventures III, L.P. Robin M. Dowdle, Contact 901 Marquette Avenue, Suite 2820 Minneapolis, MN 55402 Phone: (612)252-9897 Fax: (612)252-9911 Email: rdowdle@affinitycapital.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Affinity Ventures IV, L.P. Robin M. Dowdle, Contact 901 Marquette Avenue, Suite 2820 Minneapolis, MN 55402 Phone: (612)252-9900 Fax: (612)252-9911 Email: rdowdle@affinitycapital.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Agio Capital Partners I, L.P. Kenneth F. Gudorf, President & CEO 5050 Lincoln Drive, Suite 420 Edina, MN 55436 Phone: (952)938-1628 Fax: (952)933-6066 Email: Ken@Agio-Capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE PREFERENCE Growth MBO Acquisition INDUSTRY PREFERENCE Manufacturing Distribution Services GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Private investment partnership making equity investments of up to $5.0 million in a wide variety of companies with a primary interest in management buyouts within the manufacturing, distribution, and service sectors. Bayview Capital Partners II LP Cary Musech, Contact 301 Carlson Parkway, Suite 325 Minnetonka, MN 55305 Phone: (952)345-2035 Fax: (952)345-2001 Email: cmusech@tonkabayequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Bayview Capital Partners, L.P. Cary Musech, Manager 301 Carlson Parkway, Suite 325 Minnetonka, MN 55305 Phone: (952)345-2030 Fax: (952)345-2001 Email: cmusech@tonkabayequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Convergent Capital Partners I, L.P. John Mason, Keith Bares 505 N. Highway 169 Suite 245 Minneapolis, MN 55441 Phone: (763)432-4081 Fax: (763)432-4085 Email: kbares@cvcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS GMB Mezzanine Capital, L.P. Barry Lindquist, Contact 50 South Sixth Street, Suite 1460 Minneapolis, MN 55402 Phone: (612)243-4404 Fax: (612)243-4446 Email: blindquist@gmbmezz.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Marquette Capital Fund I, L.P. Thomas Jenkins, Contact 60 South Sixth Street, Suite 3510 Minneapolis, MN 55402 Phone: (612)661-3990 Fax: (612)661-3999 Email: tom.jenkins@marquette.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE PREFERENCE INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Medallion Capital, Inc. Paul Meyering, President 3000 W. County Road 42, Suite 301 Burnsville, MN 55337-4827 Phone: (952)831-2025 Fax: (952)831-2945 Email: mvannelli@medallioncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Senior Debt Subordinated Debt FUNDING STAGE PREFERENCE Acquisition MBO Later Stage Bridge Loans INDUSTRY PREFERENCE Communications Technology Manufacturing Services GEOGRAPHIC PREFERENCES Midwest National DESCRIPTION OF FIRM'S FOCUS Milestone Growth Fund, Inc. Richard Venegar, President and CEO 527 Marquette Avenue, Suite 1915 Minneapolis, MN 55402 Phone: (612)338-0090 Fax: (612)338-1172 Email: dlindorfer@milestonegrowth.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $300,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Loans Loans w/Warrants FUNDING STAGE PREFERENCE Expansion Early Stage Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Minnesota DESCRIPTION OF FIRM'S FOCUS To provide long-term, high-risk financing to minority-owned businesses. Will participate in National deals.