Steve Mercil | RAIN Source Capital

MercilSteve Mercil serves as President and CEO of Rain Source Capital, and oversees all activities at RAIN Source Capital and is responsible for building its portfolio. Steve is the current Chair of NASVF, and also serves on the board of the Angel Capital Association. He has over 20 years experience in small business finance including structuring and negotiating transactions for manufacturing and technology companies. He served nine months as interim CEO of one of Minnesota Investment Network’s portfolio companies. As the Equity Fund Manager of Minnesota Technology, Inc., Mr. Mercil was responsible for the development and launching of the equity fund. As a result of his eight-year tenure as President of Crookston Jobs, Inc. and Executive Director of Crookston EDA, he has a proven track record with business development and finance for small to medium-size companies in rural Minnesota. Mr. Mercil holds a BS degree in Biology and MS in Education Statistics and Measurement from the University of North Dakota.

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