CERTIFICATE OF LIMITED PARTNERSHIP
RAND CAPITAL SBIC, L.P.
The undersigned, desiring to form a limited partnership pursuant to the Delaware Revised Uniform Limited
Partnership Act, 6 Delaware Code, Chapter 17, do hereby certify as follows:
I. The name of the limited partnership is Rand Capital SBIC, L.P.
II. The address of the Partnership's registered office in the State of Delaware is Corporation
Trust Center, 1209 Orange Street, Wilmington, County of New Castle. The name of the
Partnership's registered agent for service of process in the State of Delaware at such address
is The Corporation Trust Company.
III. The name and mailing address of the sole general partner is as follows:
IN WITNESS WHEREOF, the undersigned have executed this Certificate of Limited Partnership of Rand
Capital SBIC, L.P., as of January 11, 2002.
Rand Capital Management, LLC
2200 Rand Building
Buffalo, NY 14203
By: Rand Capital Management, LLC
By: /s/ Allen F. Grum, Jr.
Allen F. Grum, Jr.