APPLY FOR FUNDING

Investment Application Process

Interested in applying for funding from InvestTN but still unsure how to get started? Don’t worry, we’ve got you — just follow the steps we’ve outlined below.

This website has a ton of information to familiarize yourself with the InvestTN program, the U.S. Treasury’s SSBCI program that funds InvestTN, who we are, what we do, and, perhaps most importantly, the types of companies we’re hoping to fund.

This is just the first step in our process. We recommend blocking out some time when you’re filling it out, to ensure you’re answering questions accurately and thoroughly. The intake form helps us screen you for the appropriate InvestTN fund.

Once you’ve submitted your intake form, bear with us as our Capital Associates review your information. We’ll be in touch as soon as possible to find out whether you’re a fit for either of InvestTN’s funds. With increased interest in the program, this initial screening process may take a few weeks. Please be patient. 

If you’re a fit for either the Regional Seed Fund or the Growth Fund, you’ll receive an email with a link to our official application from a Capital team member. Incomplete applications will automatically be disqualified.

  • For Regional Seed Fund applicants, we strongly encourage you to work with the Capital Coordinator at your respective Entrepreneur Center and have them review your application prior to submission. 
  • For Growth Fund applicants, be as thorough as possible with the information you provide. 

Once you submit your application, our associates will get to work and dive into due diligence. This process may take up to 8-12 weeks with a number of calls and meetings with you and your colleagues. Rest assured, we’ll be in touch as soon as we’re ready and able to continue the conversation.

Launch Tennessee’s Investment Committee meets once a month (typically at the end of the month) to review applications and due diligence findings and formally vote to approve funding allocations. 

Once you receive a conditional commitment from InvestTN, it’s your turn to get to work and use that as leverage when looking to secure the required minimum 1:1 private capital match.  Remember: for every $1 of SSBCI funding you receive through InvestTN, the goal is to catalyze $10 of private investment.

Congratulations, you’ve secured your matching funds! Now it’s time for legal review and closing. In addition to the investment documents, all InvestTN recipients are required to execute the following program documents:

  • Standard, non-negotiable LaunchTN Side Letter Agreement
  • SSBCI Certifications
  • Tennessee Conflict of Interest Policy Supplement

These documents can be viewed and downloaded HERE.

*Please note: Launch Tennessee has the discretion to approve or deny any applicant throughout this process. Meeting all the requirements doesn’t guarantee acceptance.