NASHVILLE CAPITAL NETWORK

Tennessee Angel Fund (TAF) is a statewide angel co-investment fund launched as part of the TNInvestco program. Tennessee Angel Fund leverages the experience, expertise and capital of a network of angel investors to grow Tennessee-based early stage companies. The fund is managed by a group of committed investors representing Nashville Capital Network, Chattanooga Renaissance Fund, and other individual investors and informal angel groups throughout the state.

Key differentiators of Tennessee Angel Fund Strategy:

• Tennessee Angel Fund is built on a six year old platform established by NCN.
• Founded to fund Tennessee-based seed and early stage ventures, mentor entrepreneurs, and facilitate connections to next stage capital.
• Leadership of Tennessee Angel Fund is comprised of active angel investors.
• Investors were selected for their track records and commitment to seed and early stage investing throughout Tennessee.
• The fund requires meaningful investment from all investment managers and advisors.
• Participating individuals and groups are motivated to actively participate in the fund to ensure success.
• Tennessee Angel Fund creates a sustainable solution for the state.
• Provides vehicle for successful entrepreneurs to give back through angel investing and mentoring.
• Endows future operations of Tennessee Capital Network and NCN through meaningful share of distributions (12.5%).
• Statewide initiative gives exposure to angels and entrepreneurs in all parts of the state.
• Investment committee and advisors represent diverse industries and geography.