Launch Tennessee accepting applications for Community Partner Program”
Latest round has a specific focus on 25 counties.
Launch Tennessee is accepting applications for financial awards to organizations and companies that provide entrepreneur support programs in their communities.
Since its creation, the organization’s “Community Partner Program” (CPP) has funded 32 projects, serving more than 1,500 entrepreneurs across Tennessee. The launch of the third cohort of the program seeks activities serving entrepreneurs between January and June 2024.
“The ‘Community Partner Program’ continues to engage and support community-led activities that help entrepreneurs build and scale their businesses,” said Ashlin Smith, Partnerships and Development Manager. “CPP provides an opportunity for those leading entrepreneurial support activities to apply for funds to support their new initiatives.”
While the CCP is open to applicants from all 95 Tennessee counties, there is a focus on supporting activities in certain regions (listed in guidelines) of the state for Cohort 3, so organizations from those regions are strongly encouraged to apply. Those counties are Bedford, Benton, Carroll, Coffee, Crockett, Dyer, Fayette, Franklin, Gibson, Giles, Henry, Hickman, Lake, Lauderdale, Lawrence, Lewis, Lincoln, Marshall, Maury, Moore, Obion, Perry, Tipton, Wayne, and Weakley.
Awards will be made from a finite pool of funding. Applicants may apply for up to $25,000 by outlining plans for how the funds will be spent on programming or resources to support and empower Tennessee entrepreneurs. Please note that LaunchTN may choose to offer an award amount of less than requested, so applicants are encouraged to consider this as they develop their budgets. Identification of alternative/multiple sources of funding strengthens the application.
Applications are open until midnight CST on November 22. Eligible costs include program materials, marketing expenses, certain event expenses, and contracted labor such as external speaker and educator fees. Non-permissible costs include personnel expenses, overhead costs (such as rent and utilities), direct cash prizes, and some travel costs.
Full guidelines and the application link are available here.
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