He spoke on Thursday morning to members of the Knoxville Chamber.
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Companies that are selected will receive nine-months of hands-on support to help their food business thrive.
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The annual Future City competition brings together middle school students from across the region to problem-solve complex city planning.
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Each month, the Knoxville Chamber provides a varied list of economic indicators with subsequent insight into how the data and information may impact the region.
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When the three-year plan ends in 2027, it wants to be serving 1,000 entrepreneurs annually.
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It was a collaboration between EPB, UT at Chattanooga, and ORNL.