HOKKAIDO VENTURE CAPITAL, INC. Investment Funds

>Fund Managers
White Snow No. 1 Investment Limited Partnership
	Established: September 2000 Investment focus: Pre-listed companies mainly operated in or closely related to Hokkaido Industry focus: Not specified Company stage: Start-up to middle
White Snow No. 2 Investment Limited Partnership
	Established: March 2002 Investment focus: Pre-listed companies starting up businesses mainly based on seeds of universities / research institutions Industry focus: Mainly bioindustry Company stage: Seed to later
Hokkaido Bank “Dosanko” No. 1 Investment Limited Partnership
	Established: May 2004 Investment focus: Pre-listed companies operating business in Hokkaido Industry focus: Not specified Company stage: Seed to later
Hokkaido Bank Sakhalin Business Investment Limited Partnership
	Established: February 2005 Investment focus: Local companies conducting business for Sakhalin and joint venture corporations between local and Russian companies Industry focus: Not specified Company stage: Seed to later
Sapporo “Genki” Technology Investment Limited Partnership
	Established: May 2005 Investment focus: Pre-listed companies mainly based in Sapporo Industry focus: Mainly technology Company stage: Seed to middle


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