Tennessee · Public charity
Tennessee Technology Development Corp
Launch tennessee is a 501c3 that supports the startup ecosystem through capital, connections and commercialization. As a public-private partnership, we are uniquely positioned to provide direct investment, while also supporting collaboration among founders, investors, researchers, the private sector and government.
- $13M
- Granted FY2025(still arriving)
- 69
- Grants FY2025
- 73
- Organizations funded FY2024
- 53%
- First-time grantees FY2024
- Median grant, FY2025
- $200,000
- Largest grant, FY2025
- $421,000
- Organizations funded a year
- 1 to 73
- FY2018 to FY2024
- States reached, FY2025
- 5
- Total assets, FY2025
- $38M
How open it is to new grantees
In FY2024, 53% of the organizations Tennessee Technology Development Corp funded were first-time grantees, receiving 27% of its grant dollars.
New vs renewed · share of each year
In FY2024, 73% of grant dollars renewed an existing relationship; $2.3M went to new ones.
RenewedFirst-time
Where new relationships form · theme of each grantee’s first grant
Community ImprovementEducationArts & CultureEnvironmentEmploymentPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 69 | $13M | 30% |
| FY2024 | 73 | $8.5M | 53% |
| FY2023 | 62 | $11M | 58% |
| FY2022 | 57 | $9.4M | 74% |
| FY2021 | 15 | $1.9M | 40% |
| FY2020 | 13 | $1.8M | 54% |
| FY2019 | 24 | $3.3M | 96% |
| FY2018 | 1 | $3.3M | 0% |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Community Improvement$20MScience & Tech$19MHealth$4.2MEnvironment$3.0MEducation$1.6MArts & Culture$1.0MReligion$869kFood & Nutrition$850kOther$0
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
IL
MI
NY
IN
OH
NJ
CT
MO
VA
AZ
TN
TX
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Knoxville Entrepreneur Center | $7,402,413 | 9 | 41% |
| The Nashville Entrepreneur Center | $2,602,760 | 7 | 20% |
| Entrepreneur Development Center - Southwest Tennessee | $1,806,524 | 7 | 48% |
| Colab | $1,779,999 | 7 | 34% |
| Vibrant Memphis Inc | $1,769,500 | 7 | 17% |
| Upper Cumberland Entreprenurial Foundation | $1,729,900 | 7 | 51% |
| Sync Space Entrepreneur Center | $1,456,820 | 6 | 63% |
| Tennessee Advanced Energy Business Council | $916,000 | 6 | 80% |
| Ultrasonic Technology Solutions | $905,800 | 3 | n/a |
| Statheros LLC | $901,800 | 3 | n/a |
Show all 172 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Knoxville Entrepreneur Center | $7,402,413 | 9 | 41% |
| The Nashville Entrepreneur Center | $2,602,760 | 7 | 20% |
| Entrepreneur Development Center - Southwest Tennessee | $1,806,524 | 7 | 48% |
| Colab | $1,779,999 | 7 | 34% |
| Vibrant Memphis Inc | $1,769,500 | 7 | 17% |
| Upper Cumberland Entreprenurial Foundation | $1,729,900 | 7 | 51% |
| Sync Space Entrepreneur Center | $1,456,820 | 6 | 63% |
| Tennessee Advanced Energy Business Council | $916,000 | 6 | 80% |
| Ultrasonic Technology Solutions | $905,800 | 3 | n/a |
| Statheros LLC | $901,800 | 3 | n/a |
| Endotheia Inc | $900,000 | 3 | n/a |
| Biotn Foundation Inc Dba Life Science Tennessee Foundation | $791,200 | 5 | 69% |
| Tennsmart Consortium Inc | $751,167 | 5 | 54% |
| Endeavor Composites Inc | $708,879 | 4 | n/a |
| Crosslink | $694,242 | 3 | n/a |
| Aglaunch Initiative | $650,000 | 3 | 10% |
| Branch Technology | $600,000 | 2 | n/a |
| Enexor Energy LLC | $600,000 | 2 | n/a |
| Aviation Resources and Consulting Services LLC | $600,000 | 2 | n/a |
| Immuno Technologies Inc | $550,000 | 3 | n/a |
| Fc Renew LLC | $528,760 | 3 | n/a |
| Skynano LLC | $507,600 | 3 | n/a |
| Tavo Biotherapeutics Inc | $500,000 | 3 | n/a |
| Daxor | $499,933 | 2 | n/a |
| Robotic Technologies of Tennessee LLC | $458,000 | 2 | n/a |
| Addiguru LLC | $455,921 | 3 | n/a |
| Eonix | $451,908 | 3 | n/a |
| Proof Programs | $438,800 | 3 | 76% |
| Winter Innovations Inc | $415,427 | 3 | n/a |
| Eden Concepts LLC | $412,000 | 3 | n/a |
| Yaya Scientific | $409,400 | 3 | n/a |
| Perseus Materials | $407,600 | 2 | n/a |
| Herowear LLC | $406,000 | 3 | n/a |
| Very Real Help | $405,963 | 3 | n/a |
| Reliable Microsystems | $404,000 | 2 | n/a |
| Whisper Aero Inc | $404,000 | 2 | n/a |
| Becq | $402,700 | 2 | n/a |
| Amalgamated Vision LLC | $402,000 | 2 | n/a |
| Preteckt Inc | $400,000 | 2 | n/a |
| Neurodyne | $400,000 | 2 | n/a |
| Infusense Corp | $400,000 | 2 | n/a |
| Safire Technology Group Inc | $380,670 | 2 | n/a |
| Pretel Inc | $374,616 | 2 | n/a |
| Arms Cyber Defense Inc | $349,917 | 2 | n/a |
| Bunker Labs Nfp Inc | $325,000 | 5 | 2% |
| Northwest Tennessee Entrepreneurship Inc | $324,865 | 2 | 77% |
| Volumetrix LLC | $316,496 | 2 | n/a |
| Skynano LLC | $308,640 | 1 | n/a |
| Mobius Pbc | $306,000 | 1 | n/a |
| Muzology | $305,950 | 2 | n/a |
| Arena Labs Inc | $302,175 | 1 | n/a |
| International Femtoscience Inc | $300,000 | 1 | n/a |
| Virtuoso Surgical Inc | $300,000 | 1 | n/a |
| Active Energy Systems Inc | $300,000 | 1 | n/a |
| Assured Bio Labs LLC | $300,000 | 1 | n/a |
| Carbon Rivers LLC | $300,000 | 1 | n/a |
| Tetrahive Technologies | $300,000 | 1 | n/a |
| Non-Contact Technologies LLC | $300,000 | 1 | n/a |
| Metamorph Inc | $300,000 | 1 | n/a |
| Vibronyx | $300,000 | 1 | n/a |
| Pixel Exx Systems Inc | $300,000 | 1 | n/a |
| Foundation Instruments Inc | $300,000 | 1 | n/a |
| Sarah Buiel | $300,000 | 1 | n/a |
| Iquity | $300,000 | 1 | n/a |
| Tensorx | $300,000 | 1 | n/a |
| Regscale | $300,000 | 1 | n/a |
| Covert Defenses LLC | $300,000 | 1 | n/a |
| Healing Innovations Inc | $287,000 | 2 | n/a |
| American Nanotechnologies Inc | $224,761 | 3 | n/a |
| Holocene Climate Corporation | $214,040 | 3 | n/a |
| Daylyte Batteries | $213,204 | 2 | n/a |
| Xtallized Intelligence Inc | $206,000 | 3 | n/a |
| Seak Therapeutics LLC | $201,000 | 2 | n/a |
| Cinco Research Corporation | $200,000 | 2 | n/a |
| Veracity Nuclear LLC | $200,000 | 2 | n/a |
| The University of Memphis | $186,000 | 2 | n/a |
| Tennessee State University | $185,000 | 2 | n/a |
| Tennessee Technological University | $185,000 | 2 | n/a |
| Sentinel Devices LLC | $172,314 | 2 | n/a |
| Gloyer-Taylor Laboratories LLC | $150,000 | 1 | n/a |
| Lux Semiconductors Inc | $150,000 | 1 | n/a |
| Frontier Diagnostics | $150,000 | 1 | n/a |
| Coulometrics LLC | $150,000 | 1 | n/a |
| Healthchart LLC | $149,699 | 1 | n/a |
| Pursolutions LLC | $135,000 | 1 | n/a |
| The Launchcode Foundation | $126,000 | 1 | 1% |
| Couture Technologies LLC | $114,320 | 2 | n/a |
| Grow Bioplastics LLC | $112,500 | 1 | n/a |
| Venostent | $112,241 | 1 | n/a |
| Neptune Fluid Flow Systems LLC | $110,000 | 2 | n/a |
| Nellone Therapeutics Inc | $107,200 | 2 | n/a |
| Bluewonder Creative Inc | $106,092 | 2 | n/a |
| Diatech Diabetes Inc | $106,000 | 2 | n/a |
| Serious Health Services | $105,592 | 2 | n/a |
| Meharry Medical College | $105,000 | 1 | 0% |
| Captis Aire LLC | $104,000 | 1 | n/a |
| Hera Health Solutions | $101,800 | 1 | n/a |
| Pedia-Dose | $100,000 | 1 | n/a |
| Idbiologics | $100,000 | 1 | n/a |
| Finally LLC | $100,000 | 1 | n/a |
| Resilient Energy & Infrastructure | $100,000 | 1 | n/a |
| Agricapture Inc | $100,000 | 1 | n/a |
| Decode Health Inc | $100,000 | 1 | n/a |
| Luci LLC | $100,000 | 1 | n/a |
| Libama LLC | $100,000 | 1 | n/a |
| Avadain Inc | $100,000 | 1 | n/a |
| Rxbio Inc | $100,000 | 1 | n/a |
| Rentec LLC | $100,000 | 1 | n/a |
| Secure Food Solutions Inc | $100,000 | 1 | n/a |
| Orion Therapeutics | $100,000 | 1 | n/a |
| Earthen Inc | $100,000 | 1 | n/a |
| Espin Technologies Inc | $100,000 | 1 | n/a |
| Groundstar LLC | $100,000 | 1 | n/a |
| 4xtechnologies LLC | $100,000 | 1 | n/a |
| Ce-Ri-Ss Materials LLC | $100,000 | 1 | n/a |
| Vasametrix | $100,000 | 1 | n/a |
| Dextrous Robotics | $100,000 | 1 | n/a |
| Stony Creek Colors Inc | $100,000 | 1 | n/a |
| 3rt Innovations | $100,000 | 1 | n/a |
| Grid Fruit LLC | $100,000 | 1 | n/a |
| Oak Ridge Therapeutic Discovery Orrxd LLC | $100,000 | 1 | n/a |
| Glanris Inc | $100,000 | 1 | n/a |
| East Tennessee State University Research Foundation | $80,000 | 1 | 4% |
| E&G Associates Inc | $74,797 | 1 | n/a |
| Live School | $74,652 | 1 | n/a |
| Life Science Tennessee Inc | $73,375 | 3 | 29% |
| Covert Defenses LLC | $51,800 | 1 | n/a |
| Silvis Materials Inc | $50,000 | 1 | n/a |
| Phelps2020 Inc | $49,963 | 1 | n/a |
| Tremonti Consulting LLC | $49,500 | 1 | n/a |
| Hd Clean LLC | $42,510 | 1 | n/a |
| Launch Inc | $28,334 | 1 | 3% |
| The Ayers Foundation Trust | $25,100 | 1 | 0% |
| Qardian Labs | $25,000 | 1 | n/a |
| Syracuse University | $25,000 | 1 | 0% |
| Localtek Foundation | $23,000 | 1 | n/a |
| Hickman County Economic & Community Development As | $22,950 | 1 | 29% |
| Fayetteville Main Street Inc | $15,000 | 1 | 11% |
| University of Tennessee Research Foundation | $15,000 | 2 | 0% |
| Lawrence Co Economic Development Foundation | $15,000 | 1 | n/a |
| Lewis County Chamber of Commerce | $15,000 | 1 | 13% |
| The University of Tennessee | $15,000 | 1 | n/a |
| Giles County Chamber of Commerce Inc | $15,000 | 1 | 4% |
| Onrise | $14,000 | 1 | n/a |
| Bbcetc | $12,500 | 1 | n/a |
| FoundersForge | $10,400 | 1 | 4% |
| Roane State Community College | $10,000 | 1 | n/a |
| Zeno Power Systems | $10,000 | 1 | n/a |
| Laura Tetley Todd | $10,000 | 1 | n/a |
| The Dk Group LLC | $10,000 | 1 | n/a |
| Zam Investments Inc | $10,000 | 1 | n/a |
| Mdcdc Inc | $10,000 | 1 | 0% |
| Launchyourcity | $10,000 | 1 | 1% |
| Capacity Partners LLC | $10,000 | 1 | n/a |
| Bgbo Co | $10,000 | 1 | n/a |
| Chattanooga Businesss Elite | $10,000 | 1 | n/a |
| Vanderbilt University | $9,916 | 1 | 0% |
| Kaifa Events | $9,000 | 1 | n/a |
| Upsquad Inc | $8,640 | 1 | n/a |
| Market Square Ventures | $8,250 | 1 | n/a |
| Plain Sight | $8,000 | 1 | n/a |
| One Scientific Inc | $7,346 | 1 | n/a |
| Shora Foundation | $7,000 | 1 | 2% |
| Model City Makerspace the Inventor Center | $7,000 | 1 | 12% |
| Adele Health Inc | $6,500 | 1 | n/a |
| Reby Medical LLC | $6,063 | 1 | n/a |
| Bethanamist | $6,000 | 1 | n/a |
| Auros Pharma | $6,000 | 1 | n/a |
| Lux Semiconductors LLC | $6,000 | 1 | n/a |
| Compliance Strategies LLC | $6,000 | 1 | n/a |
| Create Appalachia | $6,000 | 1 | 3% |
| Vitriform3d Inc | $5,400 | 1 | n/a |
Plus 3 recipients with no EIN on record ($180k), not named here.
Where it is load-bearing
Tennessee Technology Development Corp supplied at least a quarter of the budget for 12 of its grantees at some point. The chart plots its 33 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 33.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Vanderbilt UniversityTN18.3× affinity7 shared granteesties to 7 of 8Hover any node to trace its alignments.Compare side by side →
Open a dossier: Vanderbilt University · Memphis Bioworks Foundation · Truist Foundation Inc · The Community Foundation of Middle Tennessee Inc · The Blackbaud Giving Fund · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.
Compare Tennessee Technology Development Corp with peer funders
About Tennessee Technology Development Corp
- How much does Tennessee Technology Development Corp give?
- Tennessee Technology Development Corp reported 69 grants totaling $13,131,000 in its FY2025 IRS filing. It funded between 1 and 73 organizations a year over FY2018 to FY2024.
- What does Tennessee Technology Development Corp fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (38%), Science & Tech (36%), Health (8%).
- Who are Tennessee Technology Development Corp's largest grantees?
- By total granted over FY2017 to FY2025: Knoxville Entrepreneur Center ($7.4M), The Nashville Entrepreneur Center ($2.6M), Entrepreneur Development Center - Southwest Tennessee ($1.8M).
- Does Tennessee Technology Development Corp fund new organizations?
- In FY2024, 53% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Tennessee Technology Development Corp?
- Its strongest co-funders, measured against what their size predicts, include Vanderbilt University, Memphis Bioworks Foundation, Truist Foundation Inc.
- Where is Tennessee Technology Development Corp based?
- Tennessee Technology Development Corp is based in TN.
Play a game based on Tennessee Technology Development’s filings →
More from the funding graph
The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home