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TNCV is focused on technology transfer, seed and early stage investment opportunities. TNCV seeks to identify technologies, products and/or services that offer a unique solution to a specific point of pain or opportunity for their respective industries, lend themselves to business models that offer a clear path to profitability with modest capital needs and promote scalable cost structures that create competitive advantages. TNCV has a unique partnership and direct interaction with the University of Tennessee Research Foundation and has committed significant capital to proof-of-concept investments, which are expected to range from $50,000 to $100,000. More traditional seed and early stage initial investments are expected to range from $250,000 to $750,000 and target the funding gap between start-up and later stage institutional venture rounds. TNCV's target investment size over the life of each portfolio company is between $1 million and $2 million. The firm's target industries include: technology enabled products and services, e-commerce, digital media, manufacturing, advanced materials, specialty food products, ethnic products and services, and business and retail services. The firm has led the angel, seed or early stage investment rounds in 21 of 50 portfolio companies.
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