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Updated: Community Partner Program guidelines and application

AWARD OPPORTUNITY

LaunchTN announces application for Cohort 3 of the Community Partner Program to support TN entrepreneurial activity

SUMMARY AND GUIDELINES

LaunchTN supports entrepreneurship and economic development with a goal to make Tennessee the best state in the country for startups. 

LaunchTN strategic priorities include 1) the commercialization of technologies and products, 2) increasing the availability and accessibility of capital, and 3) connecting entrepreneurs and startups to resources across the state.

The Community Partner Program (CPP) award opportunity seeks to bolster the entrepreneurial ecosystem throughout Tennessee by providing a limited number of financial awards to organizations or companies providing entrepreneurial support programs and resources in their communities. 

Companies and organizations from all TN’s 95 counties are welcome to apply. Preference may be given to organizations who provide support to the following counties: Bedford, Benton, Carroll, Coffee, Crockett, Dyer, Fayette, Franklin, Gibson, Giles, Henry, Hickman, Lake,  Lauderdale, Lawrence, Lewis, Lincoln, Marshall, Maury, Moore, Obion, Perry, Tipton, Wayne, Weakley

Prior CPP awardees are welcome to apply for different usage of funds.

Awards will be made from a finite pool of funding.

Eligibility and Program Requirements:

  • Company/organization should be headquartered in TN
  • Program must support and empower Tennessee entrepreneurs 
    • (NOTE: Youth-focused initiatives are NOT within CPP’s scope)
  • Submit complete application with a budget narrative and detailed case for support
  • Complete awarded activity between 01/01/2024 and 6/30/2024
  • Apply for funding up to $25,000
    • NOTE: Applicants within LaunchTN’s preferential counties may be recommended for a higher level of funding. 
    • NOTE: Awardees may not receive the full amount requested, so please consider this as you are developing your budget. Alternative/multiple sources of funding are encouraged.
  • Submit an impact report of activity supported within 30 days of project completion
  • Acknowledge LaunchTN in activity, as outlined in CPP agreement

LaunchTN will continue to make awards to applicants deemed eligible as long as funding is available, in accordance with opportunity guidelines and timeline. 

Permissible costs include, but are not necessarily limited to:

  • Program materials 
  • Marketing expenses
  • Certain event expenses
    • Ex.: venue rental, equipment rental
  • Contracted labor 
    • Ex.: speaker fees, educator fees, graphic designer
    • Contracted labor CANNOT include applicant company/organization employees


Non-permissible costs include, but are not limited to:

  • Personnel expenses and staff time
    • Applications that include contracting hours for staff will NOT be considered
  • Overhead costs (such as rent, utilities)
  • Direct cash prizes 
  • Alcoholic beverages
  • Travel costs not directly related to entrepreneurial support project/program

Examples of fundable activities:

  • Read HERE to learn more about CPP Cohort 2 awards.

Examples of un-fundable activities:

  • Salaries for organization/company employees
  • Capital expenses or endowment funding
  • Overhead costs or any other costs not directly related to entrepreneurial support project as outlined in application
  • Cash prizes 
  • If your project is part of your regular program or business offerings and/or is intended to serve as a sales funnel or generate new leads (the intent of CPP is goodwill and growth for the entrepreneurial community) 

Applications will be reviewed and rejected or approved on a rolling basis with a hard deadline of November 22, 2023. LaunchTN encourages applicants to apply early, as funds will likely be exhausted before the November 22, 2023 deadline.

LaunchTN reserves the right to offer less funding than requested. Winning applicants will be given five business days from notification of award to either accept or decline the offered award.

Application here.

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