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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <InvstProgramRelatedOrgGrp>
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      <InvstProgramRelatedOrgGrp>
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      <InvstProgramRelatedOrgGrp>
        <Desc>STREAMWEAVER</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>INFORMATICS CORP.</Desc>
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      <InvstProgramRelatedOrgGrp>
        <Desc>SECUREWATERS</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>CUTTING EDGE WHEELS</Desc>
        <BookValueAmt>150000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>JUST A PINCH RECEIPE</Desc>
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      <InvstProgramRelatedOrgGrp>
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        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>AURAMIST, INC.</Desc>
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      <InvstProgramRelatedOrgGrp>
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      <InvstProgramRelatedOrgGrp>
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        <Desc>NUSCRIPTRX</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>MEDCENTERDISPLAY</Desc>
        <BookValueAmt>837516</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>ICITIZEN</Desc>
        <BookValueAmt>402500</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>ICA</Desc>
        <BookValueAmt>1500000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>OVERDOG</Desc>
        <BookValueAmt>150000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>SENIOR LIVING, INC.</Desc>
        <BookValueAmt>187500</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>LOGOGARDEN</Desc>
        <BookValueAmt>300000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>US BIOLOGIC, INC.</Desc>
        <BookValueAmt>250000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>LIVE SCHOOL</Desc>
        <BookValueAmt>122500</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>ADVANCED CATHETHER THERAPIES</Desc>
        <BookValueAmt>220000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>STUDIONOW, INC.</Desc>
        <BookValueAmt>375000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
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      <InvstProgramRelatedOrgGrp>
        <Desc>ND ACQUISITIONS CORP.</Desc>
        <BookValueAmt>571315</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>WARRANTS</Desc>
        <BookValueAmt>6000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <TotalBookValueProgramRltdAmt>22126022</TotalBookValueProgramRltdAmt>
      <TotalRevEtcAuditedFinclStmtAmt>5101266</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueNotReportedAmt>0</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>5101266</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>5101266</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>4984653</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesNotReportedAmt>0</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>4984653</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>4984653</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>KNOXVILLE ENTREPRENEURSHIP CENTER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>17 MARKET STREET SUITE 101</AddressLine1Txt>
          <CityNm>KNOXVILLE</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37902</ZIPCd>
        </USAddress>
        <RecipientEIN>461426171</RecipientEIN>
        <CashGrantAmt>216134</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>UPPER CUMBERLAND ENTREPRENEURIAL FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>2569 COOK ROAD</AddressLine1Txt>
          <CityNm>CROSSVILLE</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>38571</ZIPCd>
        </USAddress>
        <RecipientEIN>461388881</RecipientEIN>
        <CashGrantAmt>258712</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>ACCEL NOW</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>400 CLINCHFIELD SUITE 100</AddressLine1Txt>
          <CityNm>KINGSPORT</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37660</ZIPCd>
        </USAddress>
        <RecipientEIN>581453565</RecipientEIN>
        <CashGrantAmt>126179</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>THE COMPANY LAB</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>55 EAST MAIN STREET SUITE 105</AddressLine1Txt>
          <CityNm>CHATTANOOGA</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37408</ZIPCd>
        </USAddress>
        <RecipientEIN>263934828</RecipientEIN>
        <CashGrantAmt>354047</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>NASHVILLE ENTREPRENEUR CENTER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>41 PEABODY STREET</AddressLine1Txt>
          <CityNm>NASHVILLE</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37210</ZIPCd>
        </USAddress>
        <RecipientEIN>271230916</RecipientEIN>
        <CashGrantAmt>175000</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>THE CO</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>541 WILEY PARKER ROAD</AddressLine1Txt>
          <CityNm>JACKSON</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>38305</ZIPCd>
        </USAddress>
        <RecipientEIN>455186181</RecipientEIN>
        <CashGrantAmt>328558</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>MEMPHIS BIOWORKS</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>20 DUDLEY STEET</AddressLine1Txt>
          <CityNm>MEMPHIS</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>38103</ZIPCd>
        </USAddress>
        <RecipientEIN>621858660</RecipientEIN>
        <CashGrantAmt>238771</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SOUTHERN MIDDLE TN ENTREPRENEUR CENTER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>414 WILSON AVENUE SUITE 102</AddressLine1Txt>
          <CityNm>TULLAHOMA</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37388</ZIPCd>
        </USAddress>
        <RecipientEIN>454356601</RecipientEIN>
        <CashGrantAmt>197127</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>NORTHWEST TENNESSEE ENTREPRENEUR CENTER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 963</AddressLine1Txt>
          <CityNm>MARTIN</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>38237</ZIPCd>
        </USAddress>
        <RecipientEIN>460531054</RecipientEIN>
        <CashGrantAmt>180003</CashGrantAmt>
        <PurposeOfGrantTxt>PROVIDE GROWTH TO EARLY STAGE VENTURES.</PurposeOfGrantTxt>
      </RecipientTable>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REQUIRES WRITTEN REPORTS FROM ITS GRANTEES THAT DESCRIBE USE OF FUNDS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
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        <PersonNm>CHARLIE BROCK</PersonNm>
        <TitleTxt>PRESIDENT AND CEO</TitleTxt>
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        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>175803</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>SEVERAL MEMBERS OF THE GOVERNING BOARD OF DIRECTORS ARE APPOINTED BY THE GOVERNOR OF THE STATE OF TENNESSEE AND THE SPEAKERS OF THE HOUSE AND SENATE OF THE TENNESSEE STATE LEGISLATURE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>CERTAIN AGREEMENTS AND CONTRACTS MUST RECEIVE PRIOR WRITTEN APPROVAL OF THE TENNESSEE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>NO REVIEW HAS OR WILL BE CONDUCTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH OFFICER, BOARD MEMBER OR KEY PERSON IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS ANNUALLY TO PERFORM A PERFORMANCE REVIEW OF THE CHIEF EXECUTIVE OFFICER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>