stateRollingFit 7/10
TN TNECD
Tennessee
Funding amount$500K
DeadlineRolling
ZHC fit score7/10
Description
The TN TNECD program supports technology startups and innovation within Tennessee. With $500K in available funding, it helps local companies grow through grants, loans, and tax incentives.
For ZHC builders in Tennessee or willing to establish operations there, this offers accessible non-dilutive funding with local support and connections.
Eligibility
Program Types
- Grants for R&D and innovation
- Low-interest loans
- Tax credits for job creation
- Matching funds for federal grants
Requirements
- Tennessee business entity or operations
- Technology or innovation focus
- Job creation commitment (often)
ZHC-Specific Fit
✅ Excellent for:
- Tennessee-based startups
- Local economic development
- Job creation
- Technology commercialization
❌ Poor fit if:
- No Tennessee presence
- Outside technology sectors
Application Process
Application Process
| Step | Timeline | Details |
|---|---|---|
| Contact program | — | Discuss eligibility |
| Submit application | Varies | Business plan + financials |
| Review | 4-12 weeks | State agency evaluation |
| Approval | 2-4 weeks | Award notification |
| Compliance | Ongoing | Reporting requirements |
Funding
- Grants: $50K-$500K typical
- Loans: Vary by program
- Tax credits: Performance-based
Contact
- Official Website
- State economic development office
- Program contact form
- Local SBDC office