How to participate
Prior to submitting an application for funding, please read though the InvestTN Frequently Asked Questions (FAQs) carefully.
Applications are available online and through LaunchTN’s regional entrepreneur centers network.
Early-stage startups raising equity rounds at the Pre-Seed, Seed, Series A and B stages are eligible for initial investment ranging in size from $25k to $3M.
Venture capital funds investing in early-stage startups are eligible for $1M to $3M capital commitments into the initial closings of new funds raised.
There are three funds to stimulate economic growth across Tennessee by providing financial support to entrepreneurs and startups. The Regional Seed Fund and the Growth Fund provide access to funding for startups in various stages of development, while the Multi-Fund focuses on investing in the formation of new venture funds.
InvestTN’s Regional Seed Fund is a $28M Tennessee-focused initiative for Pre-Seed and Seed stage startups. Up to $4M is earmarked for seven Regional Entrepreneur Centers across the state serving all 95 counties. Initial investments range from $25K to $250K, with a target round size of $100K to $750K.
InvestTN’s Growth Fund will invest $36M into Tennessee-located companies from industries driving the state’s growing ecosystem, with the ability to lead rounds as needed. Investments range from $250K to $3M, with a target round size of $1.5M to $8M, across Seed, Series A, and Series B stages.
InvestTN’s Multi-Fund invests in Tennessee-located and focused venture capital funds. The Multi-Fund capital commitments ranges in size from $1M to $3M and serves as an anchor investment in the first closing of a new fund. Eligible venture funds target a fund size of $10M to $30M.
Prior to submitting an application for funding, please read though the InvestTN Frequently Asked Questions (FAQs) carefully.
Applications are available online and through LaunchTN’s regional entrepreneur centers network.