EX-21.1 3 rand-ex21_1.htm EX-21.1

EXHIBIT 21.1

SUBSIDIARIES OF RAND CAPITAL CORPORATION

Subsidiary |  | Jurisdiction of Corporation |
Rand BMP Swanson Holdings Corp. |  | New York |
Rand Capital Sub LLC |  | New York |
Rand Carolina Skiff Holdings Corp. |  | New York |
Rand DSD Holdings Corp. |  | New York |
Rand Filterworks Holdings Corp. |  | New York |
Rand FSS Holdings Corp. |  | New York |
Rand INEA Holdings Corp. |  | New York |
Rand ITA Holdings Corp. |  | New York |