fbpx
LaunchTN Opens Application for Their $7M SBIR/STTR Matching Fund

LaunchTN Opens Application for Their $7M SBIR/STTR Matching Fund

Eligible Tennessee companies can apply from July 1 – August 15, 2022

NASHVILLE, Tenn. (Release date: July 1, 2022)Launch Tennessee is offering a matching grant of up to $300,000 to provide additional support to Tennessee companies who have won a federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR)  award within the last year. The application opens July 1 – August 15, 2022 and companies can read more about their eligibility for the program and apply here.

The SBIR/STTR Matching Fund, administered by LaunchTN (via the State of Tennessee) and supported by the Tennessee General Assembly, aims to advance the commercialization efforts of Tennessee-based companies by matching successful Phase I and Phase II SBIR/STTR awards up to $100,000 and $300,000, respectively. 

“At LaunchTN, we’re excited about what technological transformations the future holds and the role we believe Tennessee innovators have in shaping them,” said Charles Layne, LaunchTN’s Innovation Manager. “Thanks to the SBIR/STTR Matching Fund, we have an opportunity to support our entrepreneurs in the acceleration and commercialization of their technologies while also ensuring the technologies of tomorrow are being built right here at home in Tennessee.”

In the 6 years since program inception, the SBIR/STTR Matching Fund has deployed $13M in state dollars to help Tennessee companies. This has created over 650 high paying jobs and contributed to over $348M in economic impact across the state. 

Companies or entrepreneurs with interest in the SBIR/STTR Matching Fund Program or other commercialization resources at LaunchTN should contact Charles Layne at charles@launchtn.org.

About Launch Tennessee
Launch Tennessee (LaunchTN) is a public-private partnership with a vision to make Tennessee the most startup-friendly state in the nation. Its mission is to empower a high-functioning network of resources focused on core priorities that support Tennessee’s entrepreneurial ecosystem. Through its network of Entrepreneur Centers and partner organizations across the state, Launch Tennessee fosters collaboration among entrepreneurs, the private sector, capital sources, institutions and government to offer entrepreneurs what they need to succeed and stay in Tennessee to build companies and create jobs.

Related Posts

  • Launch Tennessee Awards $7 Million in Matching Funds To Over 40 TN Businesses
    Launch Tennessee Awards $7 Million in Matching Funds To Over 40 TN Businesses

    Each company received an initial federal SBIR grant to power innovation across Tennessee NASHVILLE, TN – September 15, 2021 – Launch Tennessee (LaunchTN) announced their newest SBIR/STTR Matching Fund grant recipients today and the list is notable. The SBIR/STTR Matching Fund is a strategic initiative developed and administered by LaunchTN to advance the commercialization of…

    Read More
  • Tennessee SBIR/STTR Matching Fund
    Tennessee SBIR/STTR Matching Fund

    LaunchTN supports renewed funding for the Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) matching funds, which continues to be one of the state’s most promising ways to support the commercialization of high-value startups in Tennessee. The SBIR/STTR program is a competitive awards based-program whose goal is to transform federally funded research and development…

    Read More
  • Launch Tennessee awards 12 Tennessee companies with SBIR/STTR Grant Matching Funds
    Launch Tennessee awards 12 Tennessee companies with SBIR/STTR Grant Matching Funds

    Annual Matching Program advances commercialization of technology across state Nashville, Tenn. –  Launch Tennessee (LaunchTN) today announces the 12 selected recipients of Tennessee Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR) Matching Fund Grant program, developed and funded by LaunchTN through the Tennessee Department of Economic and Community Development. The SBIR/STTR program is a…

    Read More

3686 TICKETS: ON SALE NOW. Join the Southeast's premier gathering of founders and investors.

X