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Early Stage Investing and the Growing Capital Gap in Nashville: Findings of the Venture Report Early Stage Investing and the Growing Capital Gap in Nashville: Findings of the Venture Report

By Kelsy Harms on August 9, 2012



This month the Nashville Capital Network (NCN) and the Nashville Health Care Council are issuing a comprehensive report on the local venture capital marketplace, titled “Nashville Venture Capital Report: 2001-2011.” The report investigates venture capital investments in Nashville-based companies over the last decade with a special focus on venture capital investment in Nashville health care companies.  The Nashville Venture Capital Report is the first study of its kind on local venture capital investment.

 

Key Findings of the Report:

  • New companies are finding early stage investment funding faster now than at any point in the past decade and the investment climate is expected to continue rising
  • Between 2001 and 2011 venture capital firms have invested over $1.4 billion dollars in 215 Nashville-based companies, with roughly 65% of these funds invested in health care companies
  • The health care industry in Nashville has created more than 200,000 jobs in 250 diverse health care companies
  • Other thriving industries in Nashville include: the Media/Internet sector, Technology/Business Services, and Technology/Hardware Services

 

Join Us Tuesday August 28 to Learn More:

If you are interested in learning more about what is happening in Nashville in the venture capital marketplace, join us Tuesday morning, August 28, from 7:30 to 9:00 AM at E|SPACES Cool Springs. Do some networking, enjoy a wonderful breakfast with the “Chef and I,” and hear Sid delve into this comprehensive report.  Jim Lackey, an experienced entrepreneur and NCN Director, will interview Sid.  Register Here.

 

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Sid Chambless has served as Executive Director of Nashville Capital Network since 2003 and is Managing Partner of the NCN Angel Fund.  He is a 1996 graduate of Vanderbilt University and later earned an MBA from the Owen Graduate School of Management.  A native of Albany, Georgia, Chambless was one of the original staff members of the Nashville Predators.

 

 


jim-lackey-photo-129x150Jim Lackey
 is CEO of Complete Holdings Group and Chairman and former CEO of Passport Health Communications.

Both Chambless and Lackey are members of the E|SPACES Advisory Board, which Jim Chairs.

 

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This event is sponsored by PointClear Solutions. PointClear Solutions empowers our clients to create new and innovative software applications that stretch across all sectors of healthcare. Our user-centered perspective on software development ensures that our solutions are accessible, relevant and actionable – driving user adoption, promoting human-centered delivery of professional healthcare, enabling healthy lifestyles and ultimately creating business value for our clients.

Special thanks to Corporate Sponsor, PointClear Solutions, and Media Sponsor, Nashville Post.

 

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TAGS: EntrepreneursHealthcareInvestingJim JackeySid ChamblessVenture Capital


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