New report confirms how “hot” Nashville market is for venture capital
The Nashville Capital Network and Nashville Health Care Council issued a report earlier this week that basically confirms what everyone intuitively knew, namely that Nashville is a great place to start a company.
Titled “Nashville Venture Capital Report: 2005 – 2015,” the document, available at this link, says that more than $1.6 billion in venture capital has been invested in 300 Nashville-based companies in the 10-year period, and $940 million of that total was invested in healthcare enterprises.
The growth since 2009 could best be characterized as explosive, increasing 450 percent overall.
We took particular note of some observations the two organizations made in a release about the report (NCN and NHCC Announcement), calling out the TNInvestco and Incite Co-Investment programs as two factors in drawing more capital to the region.