Mass Growth Capital Corporation February 4, 2013 Introduction of Paul and Sheila and overview of what we are going to say. Overview of CDP and CCFT, a bit about our challenges on Cape, Our programs, our partnerhsip, a client example , Insight into challenges of fishing today, and what’s ahead.

Cape Cod Challenges Remote Coastal Limited infrastructure High Cost of Living Seasonality CDP has integrated solutions of Affordable housing and Economic development into their programs for 20 years. Unlike some communities you can not escape the high costs of living and seasonality of our businesses to work on the Cape. Year round businesses are few and far between and exodus of young professionals in search of jobs and homes has impacted us greatly. Maybe you or your children had summer job on Cape and spent all their wages on rent. Imagine a family trying to make a go of it.

Our Objectives Strengthen business sectors with competitive regional advantage Increase energy efficiency and local renewable energy generation Increase the affordability and availability of safe, stable year round housing for local residents. Strengthen: TA and Loans Increase: Cape & Islands Green, Real Return Increase: 58 Units of Affordable housing, Housing Rehab Program

Our Fishermen Small Boats (35-50 ft) Capt & 1-4 Crew Independent & Owner Operated Diversified & Opportunistic. (Cod, Haddock, Lobster, Scallop, Tuna, Skate, Dogfish, Monkfish) Diversity creates stability Culturally important Good Cape Cod jobs Growth Industry with fish rebuilding

Fish Management: The Basics Scientists set quotas annually Fishermen receive a % share Quotas are tradable and leasable Rapid price appreciation Smaller businesses face capital challenges Catching fish is no longer the toughest challenge for fishermen

A Novel Solution We buy fish quota We lease fish quota to eligible Cape Cod fishermen at 50% of market price. We use the application process to reinforce best business practices. Helps local fishermen improve their business competitiveness Offers business planning & other business technical assistance Too many words on slide. Good message

Partnership Model Working Together CCFT CDP Complimentary Expertise Communication Respecting our Differences CCFT Trusted by Fishermen Industry Leader Regulatory Expert CDP Economic Development T/A & Loans Quota Management Working together for 4 years. Partnership has evolved due to maturity of program, funding needs and evolution of our program. Remains a national model for collaboration and fisheries management.

Status today Fishermen Case Study Fisherman: Ryan New Boat, Permit, Quota 2 loans for $155,000 1 line of Credit 2 FT and 2 PT employees Applying for CCFT Program Fishermen Case Study Fisherman: Ryan T/A for Business expansion 8

What’s next Innovative Loan Programs Fish Hub – Software New Entrants to program Developing innovative loan program to help scallop fishermen buy the quota. CDP and CCFT worked for a year to develop an online tool specifically designed for fishermen to manage their business- Fish Hub Priority this year to bring in new fishermen into the program