Statewide view
State of Minnesota
Rep. Brad Finstad (R) · MN-1Rep. Angie Craig (D) · MN-2Rep. Kelly Morrison (D) · MN-3Rep. Betty McCollum (D) · MN-4Rep. Ilhan Omar (D) · MN-5Rep. Tom Emmer (R) · MN-6Rep. Michelle Fischbach (R) · MN-7Rep. Pete Stauber (R) · MN-8Sen. Amy Klobuchar (D)Sen. Tina Smith (D)
Congressional districts in Minnesota8 districts · 8 with companies on record
MN-14 companies
Rep. Brad Finstad (R)
4 rural · 2 low-income area
MN-29 companies
Rep. Angie Craig (D)
1 rural · 2 low-income area
MN-331 companies
Rep. Kelly Morrison (D)
1 rural · 3 low-income area
MN-412 companies
Rep. Betty McCollum (D)
5 low-income area
MN-523 companies
Rep. Ilhan Omar (D)
19 low-income area
MN-69 companies
Rep. Tom Emmer (R)
4 rural · 1 low-income area
MN-78 companies
Rep. Michelle Fischbach (R)
8 rural · 5 low-income area
MN-82 companies
Rep. Pete Stauber (R)
2 rural · 1 low-income area
SBIC funds based in MN20 licensed funds (official SBA directory)
Bayview Capital Partners III LP
Minnetonka · Buyout
Bayview Capital Partners IV LP
Minnetonka · Buyout
BRC Fund IV, LP
Minnetonka · Buyout
Convergent Capital Partners IV, LP
Minneapolis · Mezzanine
Convergent Capital Partners V, L.P.
Eden Prairie · Mezzanine
GMB Mezzanine Capital II, L.P.
Minneapolis · Mezzanine
GMB Mezzanine Capital III, L.P.
Minneapolis · Mezzanine
GMB Mezzanine Capital IV, L.P.
Minneapolis · Mezzanine
GMB Mezzanine Capital V, L.P.
Minneapolis · Mezzanine
Lake Country Capital SBIC LP
Edina · Mezzanine
Lightspring Capital I, LP
St. Louis Park · Hybrid Debt/Equity
Lightspring Capital II, LP
Minneapolis · Hybrid Debt/Equity
Marquette Capital Fund II, LP
Golden Valley · Hybrid Debt/Equity
Medallion Capital, Inc.
Excelsior · Mezzanine
NorthCoast Mezzanine SBIC III LP
Minneapolis · Mezzanine
NorthCoast Mezzanine SBIC III, L.P.
Minneapolis · Mezzanine
NorthCoast Mezzanine SBIC IV, LP
Minneapolis · Mezzanine
Northstar Mezzanine Partners SBIC II, LP
Minneapolis · Mezzanine
Northstar Mezzanine Partners SBIC, LP
Minneapolis · Mezzanine
Spell Capital Mezzanine Partners SBIC II, L.P.
Minneapolis · Mezzanine
106
SBIC-backed companies
76
SBIC funds involved
15
In rural areas
32
In low-income areas
Industry mix
Manufacturing41
Information12
Unclassified10
Professional, Scientific & Technical Services8
Administrative & Support / Waste Management7
Health Care & Social Assistance5
Construction5
Wholesale Trade4
Retail Trade3
Educational Services2
Transportation & Warehousing1
Digital health / Medicare benefits navigation for aging population1
Consumer Products1
Energy services1
Commercial Services & Supplies1
Business services / banking technology1
Business operating account1
Consumer products (travel/adventure scratch-off experience cards)1
Other Services1
Companies in MN
106 of 106 companies
| Company | Sector | City | Indicators |
|---|---|---|---|
| Aero Systems Engineering | Manufacturing | Saint Paul | Low-income area |
| All Star | — | Maple Plain | Rural |
| AllOver Media | Professional, Scientific & Technical Services | Plymouth | — |
| ATEK Access Technologies, LLC | Manufacturing | Savage | — |
| Atomic Data | Information | Minneapolis | Low-income area |
| Bay West | Administrative & Support / Waste Management | St. Paul | — |
| Baywest | — | Saint Paul | Low-income area |
| Behrens Manufacturing | Manufacturing | Winona | RuralLow-income area |
| Bellwether Media | Information | Bloomington | — |
| Biffs Inc. | Administrative & Support / Waste Management | Shakopee | — |
| BlueStem Brands | Retail Trade | Eden Prairie | Rural?Low-income area? |
| BrandFX Body Company | Manufacturing | Dunnell | Rural |
| Bravas | — | White Bear Lake | — |
| Brunk Holdings | — | Bloomington | Rural?Low-income area? |
| Calbrandt | Manufacturing | Delano | Rural |
| CAMP Digital | Information | Edina | — |
| Cirtec Medical | Manufacturing | Brooklyn Park | — |
| Coolibar | Retail Trade | Minneapolis | Low-income area |
| Corporate Technologies | Professional, Scientific & Technical Services | Eden Prairie | — |
| Cypress Rail Solutions | Transportation & Warehousing | Erskine | Rural |
| DGD Foods | Wholesale Trade | Edina | Rural?Low-income area? |
| DGI USA | — | Ramsey | — |
| Diversified Graphics | Manufacturing | Minneapolis | Low-income area |
| Diversified Packaging Holdings, LLC | Manufacturing | Blaine | — |
| DUOS | Digital health / Medicare benefits navigation for aging population | Minneapolis | — |
| Edmentum | Information | Bloomington | — |
| Elucent Medical | Manufacturing | Eden Prairie | — |
| Environmental Design (EDI) | Administrative & Support / Waste Management | Scandia | Rural |
| Fenix Group / Fenix Specialty Coatings (merger with National Coatings Inc.) | Manufacturing | Minnetonka | — |
| Fishbowl | Information | Minneapolis | — |
| Flutterbee Education Group | Information | Bloomington | — |
| Fraser Steel | Manufacturing | Albertville | — |
| From the Ground Up | Administrative & Support / Waste Management | Owatonna | Rural?Low-income area? |
| Full Tilt Performance | Consumer Products | Jackson | RuralLow-income area |
| GEM HEALTH (Gem Specialty Health) | Health Care & Social Assistance | White Bear Lake | — |
| Gentra Systems | Manufacturing | Minneapolis | — |
| Gladwin Machinery Solutions | Wholesale Trade | Fridley | Low-income area |
| Grace Management | Health Care & Social Assistance | Maple Grove | — |
| Great River Group | Professional, Scientific & Technical Services | Edina | — |
| HALO Innovations, Inc. | — | Minnetonka | — |
| HistoSonics | Manufacturing | Plymouth | — |
| Hoonuit | Information | Minneapolis | Low-income area |
| Horwitz | Construction | New Hope | Rural?Low-income area? |
| Immaculate Baking Company | Manufacturing | Golden Valley | Rural?Low-income area? |
| Imperial Plastics | Manufacturing | Lakeville | — |
| IMRIS Imaging | Manufacturing | Chaska | Rural?Low-income area? |
| Indigo Signworks (Indigo Signs) | Manufacturing | St. Cloud | — |
| Infinity Precision Systems | Manufacturing | Chanhassen | — |
| Inlet Medical | Manufacturing | Eden Prairie | — |
| Innovia Medical | Manufacturing | St. Paul | Rural?Low-income area? |
| Intek Plastics | Manufacturing | Hastings | Rural?Low-income area? |
| J&E Manufacturing (acquired by affiliate of Willis & Smith Capital) | Manufacturing | Plymouth | Rural?Low-income area? |
| JDS Marketing & Sales (acquisition of Qualtry) | Retail Trade | Medina | — |
| John Staurulakis, LLC (JSI) | Professional, Scientific & Technical Services | Eagan | Low-income area |
| Klesk Metal Stamping | Manufacturing | Minneapolis | Low-income area |
| Lake Air Products | — | Minneapolis | Low-income area |
| Le Sueur Incorporated | Manufacturing | Le Sueur | RuralLow-income area |
| Learner's Edge | Educational Services | Eagan | — |
| Legacy Restoration | Construction | Plymouth | — |
| Little Newtons | Health Care & Social Assistance | Maple Grove | — |
| MGC Diagnostics Corporation | Manufacturing | Saint Paul | — |
| MHC Software | Information | Burnsville | — |
| Midland Garage Door | Manufacturing | Eden Prairie | — |
| Midstate's Energy Co. LLC | Energy services | Randall | RuralLow-income area |
| Moderno Porcelain Works | Construction | Minneapolis | Low-income area |
| NCCO | Commercial Services & Supplies | St Paul | Low-income area |
| NuSource | Business services / banking technology | Eden Prairie | — |
| Onsetto | Business operating account | Minneapolis | Low-income area |
| Orange Tree Employment Screening | Administrative & Support / Waste Management | Minneapolis | — |
| Panacea Healthcare Solutions | Information | St. Paul | — |
| Parallel Technologies | Administrative & Support / Waste Management | Eden Prairie | — |
| Peace Coffee | Manufacturing | Minneapolis | Low-income area |
| Phaedon, LLC | Professional, Scientific & Technical Services | Minneapolis | — |
| Portu-Sunberg Marketing | Professional, Scientific & Technical Services | Minneapolis | Low-income area |
| PrairieCare | Health Care & Social Assistance | Brooklyn Park | Rural?Low-income area? |
| Reach International Outfitters | Consumer products (travel/adventure scratch-off experience cards) | Minneapolis | Rural?Low-income area? |
| Renova One | Construction | Plymouth | — |
| Restoration Counseling and Community Services (RCCS) | Health Care & Social Assistance | Minneapolis | Low-income area |
| RIE Coatings | Manufacturing | Eden Valley | Rural |
| Seeds 2000 | — | Breckenridge | Rural?Low-income area? |
| Shamrock Group | Wholesale Trade | Minneapolis | — |
| ShoreMaster | Manufacturing | Fergus Falls | RuralLow-income area |
| Skid Pro (Skid Pro Attachments + Accessories Unlimited) | Manufacturing | Alexandria | Rural |
| Smart Care Equipment Solutions | Other Services | Saint Paul | — |
| Stadium Consolidation | Manufacturing | Minneapolis | Low-income area |
| Standard Iron | Manufacturing | Monticello | Rural |
| Standard Iron & Wire Works, LLC | Manufacturing | Monticello | Rural |
| Stealth Manufacturing | Manufacturing | Savage | — |
| The Big Know | Educational Services | Minneapolis | Low-income area |
| The Stable | Professional, Scientific & Technical Services | Minneapolis | Low-income area |
| ThreeBridge Solutions | Professional, Scientific & Technical Services | Minneapolis | Low-income area |
| Tiro Industries | Manufacturing | Minneapolis | Rural?Low-income area? |
| TLC Companies | Administrative & Support / Waste Management | Brooklyn Center | Low-income area |
| TMI Coatings | Construction | Eagan | — |
| Trafera | — | Saint Paul | Low-income area |
| Trinity3 Technology | Wholesale Trade | Saint Paul | Low-income area |
| US Internet | Information | Minnetonka | — |
| USI Holdings (Universal Services Inc) | — | Minnetonka | — |
| Versare | Manufacturing | Minneapolis | Low-income area |
| Versare Solutions | Manufacturing | Minneapolis | Low-income area |
| Veterinary Pharmaceutical Solutions | Manufacturing | St Peter | Rural |
| VitalPath | Manufacturing | New Hope | Low-income area |
| Wellbeat | Information | St. Louis Park | Rural?Low-income area? |
| Wellbeats (Wellbeat) | Information | St. Louis Park | Rural?Low-income area? |
| XeteX | Manufacturing | Minneapolis | Low-income area |
| Xirgo Technologies, Inc. | Manufacturing | St. Louis Park | — |
SBIC funds with portfolio presence
- LFE Growth Fund IV, L.P.10 companies
- GMB Mezzanine Capital V, L.P.5 companies
- Ironwood Capital Partners V SBIC, L.P.5 companies
- Convergent Capital Partners III, L.P.5 companies
- BRC Fund IV, LP4 companies
- Northstar Mezzanine Partners SBIC II, LP4 companies
- Aldine Capital Fund II, L.P.4 companies
- Bayview Capital Partners IV LP4 companies
- Balance Point Capital Partners VII, L.P.4 companies
- Capitala SBIC Fund VI, L.P.4 companies
- GP Capital Partners II, LP3 companies
- FCP Fund III, L.P.3 companies
- Balance Point Capital Partners IV, L.P.3 companies
- Fidus Mezzanine Capital IV, L.P.3 companies
- CCP IV-SBIC, L.P.3 companies
- Abacus Finance SBIC Fund I, L.P.3 companies
- Marquette Capital Fund II, LP2 companies
- Lake Country Capital SBIC LP2 companies
- Midwest Mezzanine Fund VII SBIC, L.P.2 companies
- Eagle Fund V-A, L.P.2 companies
- High Street Capital V SBIC, L.P.2 companies
- Avante Mezzanine Partners SBIC II, L.P.2 companies
- Convergent Capital Partners IV, LP2 companies
- GMB Mezzanine Capital IV, L.P.2 companies
- LongWater SBIC Fund I LP2 companies
- Medallion Funding LLC2 companies
- Lineage Capital III, L.P.2 companies
- LCM Healthcare Fund I, L.P.1 company
- Spell Capital Mezzanine Partners SBIC II, L.P.1 company
- GP Capital Partners, LP1 company
- Charter Growth Capital Fund II, L.P.1 company
- Corbel Equity Partners SBIC, L.P.1 company
- Granite Creek FlexCap II, L.P.1 company
- Granite Creek FlexCap III, L.P.1 company
- Gemini Investors VII, L.P.1 company
- Resolute Capital Partners Fund IV, L.P.1 company
- Midwest Mezzanine Fund VI SBIC, L.P.1 company
- Mosaic Capital Investors I, LP1 company
- Energy Impact Credit Fund II LP1 company
- DC Small Business Fund, LP1 company
- Resolute Capital Partners Fund V-A, L.P.1 company
- Northstar Mezzanine Partners SBIC, LP1 company
- Svoboda Capital Fund IV (SBIC), L.P.1 company
- Firmament Capital Partners SBIC III, L.P.1 company
- McLarty Capital Partners SBIC II, L.P.1 company
- Southfield Mezzanine Capital III LP1 company
- Graycliff Mezzanine IV (SBIC) LP1 company
- Brookside Capital Fund V SBIC, L.P.1 company
- Cyprium SBIC I, L.P.1 company
- Barings Small Business Fund, L.P.1 company
- Lightspring Capital II, LP1 company
- Invision Capital II, L.P.1 company
- Farragut SBIC Fund III, LP1 company
- TCPC SBIC, LP1 company
- New Mountain Finance SBIC III, L.P.1 company
- New Mountain Finance SBIC II, L.P.1 company
- Five Points Mezzanine Fund III, L.P.1 company
- River Cities Financial Institutions Fund V, L.P.1 company
- Michigan Capital Network Venture Fund V, LP1 company
- Kansas Venture Capital, Inc.1 company
- Boathouse Capital IV LP1 company
- Sound Growth Partners Fund I, LP1 company
- CCP V-SBIC, L.P.1 company
- Enhanced SBIC II, L.P.1 company
- SJF Ventures III, LP1 company
- NorthCoast Mezzanine SBIC III, L.P.1 company
- Oaktree SBIC Fund, L.P.1 company
- Merion Investment Partners IV, LP1 company
- Blue Sage Strategic Credit Fund, L.P.1 company
- Oxer Mezzanine Fund III, L.P.1 company
- PCI III, L.P.1 company
- Blue Sage Capital II, L.P.1 company
- Dos Rios Partners-A, L.P.1 company
- Capital Southwest SBIC II, LP1 company
- Eagle Fund VI-A, LP1 company
- Canapi Ventures SBIC Fund II, L.P.1 company
Source: SBIC Atlas (sbicatlas.com) - assembled from public disclosures with best-guess classification and Census-based geography. Counts reflect publicly known portfolio activity only and undercount funds that do not publish portfolios. Informational, not an SBA determination.