ED/I  Technology 2020

http://www.tech2020.org





     Office Locations:

1020 Commerce Park Drive
Oak Ridge, TN 37830
Phone: 865-220-2020
Fax: 865-220-2030

 

Stages:

  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    The Technology 2020 project was initiated in 1993 to capitalize on the unique resources of the East Tennessee region: the presence of the Oak Ridge National Lab, the University of Tennessee-Knoxville, the headquarters of the Tennessee Valley Authority, and a significant number of both large and small information technology companies in the region. The Center for Entrepreneurial Growth (CEG) is an entrepreneurial support organization within Technology 2020. The mission of the Center for Entrepreneurial Growth (CEG) is to create an entrepreneurial climate in the state of Tennessee and to improve the dissemination of ORNL and UT-Knoxville technology through the creation and development of early stage companies focused on growth and long-term sustainability. The CEG combines management expertise, training programs and access to capital to develop an entrepreneurial community and assist with the development of technology based businesses. The Tennessee Technology Development Corporation has partnered with the CEG to develop and implement the Tennessee New Innovation Competition, a statewide opportunity for companies with promising technologies and innovative business models to learn how to prepare for fund raising and to provide an opportunity to gain recognition with potential funding partners. The organization also operates an incubator with office suites ranging from 260-650 sq.ft. Technology 2020 has established The Lighthouse Fund, and Angel Fund capitalized at nearly $1 million. The Lighthouse Fund will typically invest $100,000 to $150,000 as one of several participants in a syndicated deal valued at about $500,000.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    John Morris President and CEO
    Linda Nyholm Networking and Events Coordinator
    Mike Carroll Director, Entrepreneurial Development
    R. David Snider Vice-President and CFO
    Shawn Carson CEG Program Director

     

    Portfolio companies include:


      NanoDetection Technology
        web link


      Sentir Tech
        web link


      SunsOil
        web link


      Telesensors
        web link


     

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