NEST-TN is a seed and early-stage venture capital firm started in 2009 by Fran F. Marcum, Managing Partner of Marcum Capital of Tullahoma, Tenn. In 2010, the State of Tennessee certified NEST-TN as a TNInvestco, awarding a $20 million state tax credit allocation for the purpose of investing in young Tennessee-based companies. NEST-TN has a state-wide focus on young companies specializing in advanced manufacturing and materials, energy and environmental clean technologies, and information and digital media technologies. The NEST-TN investment managers include Fran F. Marcum, Cameron A. Newton, E. Brac Thoma, Richard A. Bendis, Matthew A. Wiltshire, and Joseph P. Binkley III.