Firsthand Technology Value Fund, Inc. (the Fund) is an externally managed, closed-end, non-diversified management investment company. The Fund�s investment objective is to seek long-term growth of capital. The Fund will invest at least 80% of its total assets for investment purposes in technology companies. It considers technology companies to be those companies that derive at least 50% of their revenues from products and/or services within the information technology sector or the cleantech sector. Information technology companies include computer hardware, software, telecommunications, networking, Internet, and consumer electronics. The Fund will invest at least 70% of its assets in private venture capital companies and in public companies. SiVest Group, Inc. serves as investment adviser for the Fund. As of December 10, 2010, the Fund had no business operation activity.