One of the few states that coordinates resources on a statewide basis, LaunchTN connects investors from around the world to Tennessee based startups from our growing portfolio and Network Partners. Well-versed in each area of Tennessee’s strengths, industry specialties, and unique ecosystem attributes, LaunchTN equips investors with a window into Tennessee’s growing startup ecosystem.
In 2022, the State of Tennessee will receive $117M in capital as part of the reauthorized State Small Business Credit Initiative (SSBCI) Program totaling $10B from the U.S. Department of the Treasury. Launch Tennessee joins the Tennessee Department of Economic and Community Development (TNECD) as applicants, with $70M to be administered by LaunchTN for equity investments.
Launch Tennessee’s portfolio companies represent over a decade of capital programs spanning the INCITE Fund, Impact Fund, and now BuildTN Fund. LaunchTN’s Portfolio spans all regions of Tennessee and represents prominent industries across the state such as healthcare, advanced energy, automotive, consumer products and Web3, to name a few.
In support of both LaunchTN’s growing portfolio of equity investments and other startups across the state, the Capital team is committed to increasing access to capital for entrepreneurs by building a robust co-investor network. Members of LaunchTN’s co-investor network represent active investors from across the U.S. and are invited to share deal flow, join LaunchTN’s annual 3686 conference for 1-on-1 company meetings, and connect with LaunchTN’s Network Partners.
Tennessee VC Deal Report
Launch Tennessee’s Capital team introduced the first Tennessee Deal Report, encompassing all venture capital funding raised by Tennessee startups, in August 2022. Future reports will become available following quarter end to keep local, national, and global investors informed on Tennessee’s investment trends and activity.
Southeast Capital Call
Launched in summer 2020 as an effort to increase collaboration and foster deal flow throughout the Southeast, Launch Tennessee’s quarterly Capital Call highlights emerging sectors in the region and features titans of these industries leading discussions. As a free, virtual event series, Southeast Capital CallIt also connects capital providers from all over the globe to discuss their investments and the trends, make connections, and share deal flow.
Get in Touch
If you are a Tennessee-based investor, or have an upcoming trip planned to visit Tennessee, send us an email and we will point you in the right direction:Email Khrys Hatch