Rand Capital Corporation (NASDAQ: RAND) was founded in 1969 and is a publicly traded, closed-end management investment company that has elected to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940. In addition, its fully owned subsidiary, Rand Capital SBIC, Inc., is licensed by the United States Small Business Administration as a Small Business Investment Company (SBIC).
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The primary focus of our investment strategy is to provide venture capital funds to small-to mid-sized companies headquartered in the Western and Upstate New York region.
We combine our financial strength with our extensive operational experience to create great partnerships with our portfolio companies.