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Southern Middle Tennessee Entrepreneur Centers. NEST-TN Investments Aug. 2010 – Dec. 2011. NEST-TN commitments: $ 7.35 million Added 3 rd party leverage: $17.57 million Total invested: $ 2 4.92 million In the Current Pipeline
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NEST-TN Investments Aug. 2010 – Dec. 2011 NEST-TN commitments: $ 7.35 million Added 3rd party leverage: $17.57 million Total invested: $24.92 million In the Current Pipeline Chattanooga: Advanced Manufacturing Chattanooga: Nanotechnology Knoxville: Energy Technology Tullahoma: Advanced Manufacturing Open to Moving from CA: Biotechnology Open to Moving from PA: Nanotechnology Open to Moving from WV: Adv. Mfg. • American Geothermal (Murfreesboro) • Anthem Healthcare Intelligence (Franklin) • Apax (Franklin) • Consensus Point (Brentwood) • J2SS (Tullahoma) relocated from SC • NuScript (Nashville) • Opti-Logic (Tullahoma) • Parental Health (Nashville) • Primocare (Nashville) • Secure Waters (Soddy Daisy) • SIGNiX (Chattanooga) • Venture Incite (Knoxville)
Incubator/AcceleratorProgram (IAP) * High-quality programs and services. * Startups enrolled in the IAP may remain for up to 48 months at graduated rental rates. * Most entrepreneurs will be accepted into IAP. * SMTEC, et al, will invest up to $5,000 in seed funding in select startups enrolled in IAP.
“TennesSeed Camp” (TSC)NEST-TN will invest up to $15,000.00 in seed funding to each TSC startup.Up to ten (10) startups will be accepted into each camp.Tullahoma & Northfield(10) X $15,000.00 (10) X $15,000.00NEST-TN also has agreed to underwrite a follow-on investment of$100,000.00into up to three (3) of the most promising TSC graduates
Total GM Site Land Area – 2,450 Acres Total GM Production Area – 6.6 Mil sqft Total Farm Land – 800 Acres Total Northfield Campus ~ 35 Acres