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SHAT IS "COMMUNITY Community Venture Network is a consortium of <br /> TENTURE NETWORK?" communities with business investment funds or loan funds, <br /> seeking to promote development within their communities. <br /> VHA�IS COMMUNITY CVN seeks to "match" its prospects with its member VENTURE NETWORK'S communities to facilitate the location of the business in the <br /> 'URPOSE? community. <br /> 1VH0 MANAGES <br /> CVN is professionally managed by Peistring Capes <br /> � based economic development <br /> VENTURE Corporation, a Mmneapo <br /> 4ETWORK? Consulting and business fimancing company. <br /> WHAT TYPES OF CVN seeks to identify prospects in one of the following <br /> COMPANIES DOES categories: <br /> COMMUNITY VENTURE <br /> NETWORK RECRUIT? 1. 'Development Stage"companies withexisting <br /> product lines,but seeking expansion <br /> capitaL <br /> 2. Business Acquisitions. New business owners seeking <br /> additional equity or expansion capital to complete the <br /> purchase of successful,existing companies. <br /> 3. Spin-Offs/Business Expansions. Existing divisions of <br /> • ongoing compan1eS that are available for sale which <br /> might constitute a business opportunity for Community <br /> Venture Network members'existing business base. <br /> HOW DOES COMMUNITY <br /> CVN conducts an active outreach program emphasizing the <br /> VENTURE NETWORK availability of its member community's capital program. <br /> IDENTIFY ITS PROSPECTS? Continual contact is maintained with accountants, attorneys, <br /> venture capitalists, and the private banking community to <br /> generate referrals. <br /> HOW DO MEMBER Pelstring Capital Corporation and its referral sources <br /> COMMUNITIES <br /> conduct a preliminary review and screening of all potential <br /> PARTICIPATE? prospects for CVN communities. All member communities are <br /> invited to attend-prospect presentations, held every three <br /> months. Prospects are given up to 30 minutes to present their <br /> company and proposal Follow-up meetings with individual <br /> communities are then scheduled as requested. All final funding <br /> decisions are made at the sole discretion of the member <br /> community. member <br /> *AT OTHER SERVICES The professional staff of PCC can also directly <br />