Business Description
Rand Capital Corporation provides funding to small and mid-sized private businesses, focusing on companies in the software, manufacturing, healthcare, professional services, automotive, and consumer sectors, primarily located in the eastern and midwestern United States. The firm typically invests between $750,000 and $5 million, targeting businesses with revenues above $10 million or earnings between $1.5 million and $5 million. Rand generally takes a minority ownership position, requests a seat on the company's board, and plans to hold its investments for up to five years.
