Leadership will be traveling the state in a 9-city roadshow
Tennessee – LaunchTN recently announced the organization’s leadership will soon be hitting the road to spread the word about a new fund that provides investment capital for startups and venture capital funds. According to a statement, LaunchTN will be administering $70 million in equity investments in a project called “InvestTn.”
The fund was formerly known as BuildTn.
“The road tour will be between Feb. 27 and April 4,” according to the statement. “LaunchTN will join Tennessee Economic and Community Development Commissioner Stuart McWhorter to host info sessions about Fund Tennessee and InvestTN.”
The initiative, known as “the Fund Tennessee Initiative,” also includes a debt lending component called “LendTN” and a technical assist program entitled “AssistTN.”
For more information, attend one of the road show stops or sign up HERE to stay updated about InvestTN. The tour hits Cookeville on March 1 with a stop at the Upper Cumberland Development District at 1104 England Drive. The presentation will be from 9:30 a.m to 11 a.m.
“These funds are a testament to Tennessee’s growth as a nationally-recognized startup ecosystem,” LaunchTN Chief Investment Officer Monique Villa said in a release on Launchtn.org. “Making right-sized capital available to early-stage entrepreneurs and venture capital fund managers will have an outsized impact on our state’s future.”
Photo courtesy of LaunchTN.