Launch Tennessee encourages private investment at the crucial early stages of a startup’s journey. Capital availability has never been stronger; Tennessee is #2 in the Southeast for growth in venture investment over the last five years. We offer a range of opportunities to catalyze additional capital flow.
Angel Tax Credit
The Angel Tax Credit is up to $50,000 applied to the Hall Income Tax liabilities of angels who invest in pre-qualified startups. By incentivizing support from new and existing angels, the credit creates more financing options for entrepreneurs.
INCITE Co-Investment Fund
The Fund matches a portion of investments in Tennessee companies, as part of Gov. Bill Haslam’s INCITE initiative to create jobs via investment in small businesses. It was created in 2011 using $28.8M of federal funding through the State Small Business Credit Initiative. All $28.8M has been invested, leveraging $87.8M in private capital.