PMC has a well developed network in Michigan and the Great Lakes region and its deal flow has grown dramatically since the inception of PVPI. For PVPI, in 2007, 450 companies were reviewed; 30 prioritized for serious consideration and 5 new commitments were made. PMC plans on attracting 400-600 opportunities annually, prioritizing 20-40 for serious consideration and committing to 6-8 new investments each year. Opportunities are sourced directly through PMC’s extensive relationships with entrepreneurs and their advisors. PMC also enjoys significant referral flow from bankers, investment bankers, venture capital firms, private equity firms, angel investor networks, non-bank lenders, lawyers, accountants, trust departments, money managers, insurance agents, and others serving the entrepreneurial community. PMC manages its pipeline via a New Investment Opportunity (“NIO”) database, in which potential investments are prioritized internally in weekly meetings and monthly meetings with the Advisory Committee. A pipeline of opportunities, typically ranging from in number from 70 to 100, is generally maintained. PMC monitors, on a frequent basis, numerous companies at an earlier stage. As part of this monitoring PMC adds value to pre-growth stage companies through advice, recruiting and strategic suggestions with a view to developing relationships that naturally lead to investments when they reach revenue stage.