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· Public charity

Tennessee Technology Development Corp

Launch tennessee is a 501c3 that supports the startup ecosystem through capital, connections and commercialization.

$13M
Granted FY2025still arriving
69
Grants FY2025still arriving
5
States reached
$421k
Largest
01What it funds
01100% 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
02FY2025 · 69 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k5 grants · $34k
  • $10k–50k4 grants · $101k
  • $50k–250k29 grants · $3.6M
  • $250k+31 grants · $9.2M
$200,000
Median grant
5
States reached
$38M
Total assets
Largest grants
RecipientAmount
NASHVILLE ENTREPRENEUR CENTER$421,000
ROBOTIC TECHNOLOGIES OF TENNESSEE LLC$308,000
FC RENEW LLC$308,000
PERSEUS MATERIALS$304,000
YAYA SCIENTIFIC$304,000
SKYNANO LLC$304,000
WINTER INNOVATIONS INC$304,000
ENDEAVOR COMPOSITES INC$304,000
RELIABLE MICROSYSTEMS$304,000
ULTRASONIC TECHNOLOGY SOLUTIONS$304,000
ARENA LABS INC$302,175
AMALGAMATED VISION LLC$302,000
NEURODYNE$300,000
STATHEROS LLC$300,000
ENEXOR ENERGY LLC$300,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 90% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%AMALGAMATED VISION LLC: $302k → 4%MOBIUS PBC: $306k → 10%SKYNANO LLC: $309k → 12%SARAH BUIEL: $300k → 12%DAXOR: $300k → 13%STATHEROS LLC: $302k → 14%THE CO: $304k → 15%TAVO BIOTHERAPEUTICS INC: $300k → 17%NON-CONTACT TECHNOLOGIES LLC: $300k → 17%ROBOTIC TECHNOLOGIES OF TENNESSEE LLC: $308k → 19%COVERT DEFENSES LLC: $300k → 19%BECQ: $300k → 12%ARMS CYBER DEFENSE INC: $300k → 4%SKYNANO LLC: $304k → 12%PRETEL INC: $300k → 12%ASSURED BIO LABS LLC: $300k → 13%STATHEROS LLC: $300k → 14%SYNC SPACE ENTREPRENEUR CENTER: $302k → 15%NEURODYNE: $300k → 17%UPPER CUMBERLAND ENTREPRENEURIAL FOUNDATION DBS THE BIZ FOUNDRY: $303k → 19%SAFIRE TECHNOLOGY GROUP INC: $302k → 6%YAYA SCIENTIFIC: $304k → 4%CROSSLINK: $300k → 14%AVIATION RESOURCES AND CONSULTING SERVICES LLC: $300k → 19%REGSCALE: $300k → 6%TETRAHIVE TECHNOLOGIES: $300k → 4%PERSEUS MATERIALS: $304k → 12%AVIATION RESOURCES AND CONSULTING SERVICES LLC: $300k → 19%RELIABLE MICROSYSTEMS: $304k → 4%WHISPER AERO INC: $300k → 14%VIBRANT MEMPHIS: $302k → 17%ENEXOR ENERGY LLC: $300k → 4%BRANCH TECHNOLOGY: $300k → 12%KNOXVILLE ENTREPRENEURSHIP: $3.3M → 12%KNOXVILLE ENTREPRENEURSHIP: $2.1M → 12%EONIX: $304k → 12%KNOXVILLE ENTREPRENEURSHIP CENTER: $303k → 12%COLAB: $305k → 12%ARENA LABS INC: $302k → 14%FC RENEW LLC: $308k → 12%ULTRASONIC TECHNOLOGY SOLUTIONS: $304k → 12%ULTRASONIC TECHNOLOGY SOLUTIONS: $302k → 12%NASHVILLE ENTREPRENEUR CENTER: $670k → 14%ENDEAVOR COMPOSITES INC: $304k → 12%NASHVILLE ENTREPRENEUR CENTER: $490k → 14%ENDEAVOR COMPOSITES INC: $304k → 12%NASHVILLE ENTREPRENEUR CENTER: $421k → 14%NASHVILLE ENTREPRENEUR CENTER: $377k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

IL
MI
NY
IN
OH
NJ
CT
MO
VA
AZ
TN
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

80%of every dollar goes to organizations it has funded before.
$43M · 68 repeat orgs$11M to everyone else

Grantees it renews have grown median revenue +24% since the first grant, against 0% for those funded once.

68 repeat relationships: 48 still active in FY2025, 20 since wound down; 21 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

68
86

Total granted

$43M
$8.9M

Median revenue growth · since first grant

+24%
0%

Still filing today

24%
17%

New vs renewed · share of each year

In FY2025, 85% of grant dollars renewed an existing relationship; $2.0M went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
Community ImprovementEducationArts & CultureEnvironmentEmploymentScience & TechOther
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.

Backed again, and grew

  • KE
    KNOXVILLE ENTREPRENEUR CENTER
    9× · 2017–2025 · $7.4M · revenue +58% · 41% of their budget
  • TN
    THE NASHVILLE ENTREPRENEUR CENTER
    7× · 2019–2025 · $2.6M · revenue +26%
  • C
    COLAB
    7× · 2019–2025 · $1.8M · revenue +24% · 34% of their budget

Funded once

  • SL
    SKYNANO LLC
    one grant, 2023 · $309k
  • MP
    MOBIUS PBC
    one grant, 2022 · $306k
  • IF
    INTERNATIONAL FEMTOSCIENCE INC
    one grant, 2023 · $300k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Southern Middle Tennessee Entrepreneur Center Inc

Smtec supports entrepreneurs by providing mentoring, education and training, strategic and technical support, and assistance identifying sources of capital.

—
2
Southside Business Technology Center Inc (Dba the Launch Place)

The launch place (tlp), a venture development organization located in danville, va and in the research triangle park, nc. the launch place invests in innovative start-ups in virginia and north carolina with a potential to create economic…

Community Improvement
3
Tex-E Inc
Education
4
Nextgen Entrepreneurship Network
Education
5
Alabama Collective Foundation

The alabama collective seeks to expand and enhance tech, innovation and entrepreneurial programs in alabama. by fostering growth and broadening opportunities within the states tech and entrepreneurial landscape, the alabama collective is…

Community Improvement
6
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…

Community Improvement
7
Uptech Inc

To establish , develop, and operate an entrepreneur support program in northern kentucky to attract, educate, and serve start-up and emerging high-technology entrepreneurs for the benefit of the city of covington, in particular, and the…

Community Improvement
8
Nashville Area Chamber of Commerce

The nashville area chamber of commerce facilitates community leadership to create economic prosperity.

—
9
Nashville Technology Council

Ntc mission is to advance the diverse technology ecosystem by connecting and promoting members, attracting, growing and retaining tech talent, and providing opportunities to reinvest in the greater nashville community.

Community Improvement
10
Startup Virginia Inc

Startup virginia is a non-profit, high-growth-business incubator, dedicated to building a long-term, sustainable economy for virginia. we connect our startup community to exceptional mentors and extensive programs in a dynamic workspace.

Community Improvement
11
Jumpstart Inc

Jumpstart inc. drives economic vitality by connecting entrepreneurs to the opportunities and resources they need to succeed. jumpstart inc. is focused on enabling companies and founders in targeted areas succeed so that their success can…

Community Improvement
12
Kentucky Industrial Development Council

Development and educational opportunities to promote industrial and economic development in kentucky.

Community Improvement
How this is measured
The grantee most central to the portfolio’s shape is The Nashville Entrepreneur Center; the most unlike its peers is The Ayers Foundation Trust. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

34 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 34 of the 175 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

12
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
34/34
Grantees still filing
14/34
Grew since first funded

Where the money sits, by cause and then by grantee

THE NASHVILLE ENTREPRENEUR CENTER: $2,602,760 · OtherTHE NASHVILLE ENTREPRENEUR CENTER+146 more: $30,709,081 · Other+146 moreKNOXVILLE ENTREPRENEUR CENTER: $7,402,413 · EducationKNOXVILLE ENTREPRE…BIOTN FOUNDATION INC DBA LIFE SCIENCE TENNESSEE FOUNDATION: $791,200 · EducationBIOTN FOUNDATION I…NORTHWEST TENNESSEE ENTREPRENEURSHIP INC: $324,865 · Education+7 more: $381,416 · EducationEntrepreneur Development Center - Southwest Tennessee: $1,806,524 · Community ImprovementEntrepreneur Deve…VIBRANT MEMPHIS INC: $1,769,500 · Community ImprovementVIBRANT MEMPHIS I…UPPER CUMBERLAND ENTREPRENURIAL FOUNDATION: $1,729,900 · Community ImprovementUPPER CUMBERLAND …SYNC SPACE ENTREPRENEUR CENTER: $1,456,820 · Community ImprovementSYNC SPACE ENTREP…TENNSMART CONSORTIUM INC: $751,167 · Community ImprovementTENNSMART CONSORT…AGLAUNCH INITIATIVE: $650,000 · Community ImprovementAGLAUNCH INITIATI…+8 more: $189,659 · Community ImprovementCOLAB: $1,779,999 · Arts & CultureTENNESSEE ADVANCED ENERGY BUSINESS COUNCIL: $916,000 · EnvironmentPROOF PROGRAMS: $438,800 · EmploymentSHORA FOUNDATION: $7,000 · Philanthropy
Other$33,311,841Education$8,899,894Community Improvement$8,353,570Arts & Culture$1,779,999Environment$916,000Employment$438,800Philanthropy$7,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetKNOXVILLE ENTREPRENEUR CENTER: $7,402,413 over 9y, 41% of budgetTHE NASHVILLE ENTREPRENEUR CENTER: $2,602,760 over 7y, 20% of budgetEntrepreneur Development Center - Southwest Tennessee: $1,806,524 over 7y, 48% of budgetCOLAB: $1,779,999 over 7y, 34% of budgetVIBRANT MEMPHIS INC: $1,769,500 over 7y, 17% of budgetUPPER CUMBERLAND ENTREPRENURIAL FOUNDATION: $1,729,900 over 7y, 51% of budgetSYNC SPACE ENTREPRENEUR CENTER: $1,456,820 over 6y, 63% of budgetTENNESSEE ADVANCED ENERGY BUSINESS COUNCIL: $916,000 over 6y, 80% of budgetBIOTN FOUNDATION INC DBA LIFE SCIENCE TENNESSEE FOUNDATION: $791,200 over 5y, 69% of budgetTENNSMART CONSORTIUM INC: $751,167 over 5y, 54% of budgetAGLAUNCH INITIATIVE: $650,000 over 3y, 10% of budgetPROOF PROGRAMS: $438,800 over 3y, 76% of budgetBUNKER LABS NFP INC: $325,000 over 5y, 2.4% of budgetNORTHWEST TENNESSEE ENTREPRENEURSHIP INC: $324,865 over 2y, 77% of budgetTHE LAUNCHCODE FOUNDATION: $126,000 over 1y, 0.8% of budgetMEHARRY MEDICAL COLLEGE: $105,000 over 1y, 0.0% of budgetEAST TENNESSEE STATE UNIVERSITY RESEARCH FOUNDATION: $80,000 over 1y, 3.9% of budgetLIFE SCIENCE TENNESSEE INC: $73,375 over 3y, 29% of budgetLAUNCH INC: $28,334 over 1y, 3.2% of budgetThe Ayers Foundation Trust: $25,100 over 1y, 0.4% of budgetSYRACUSE UNIVERSITY: $25,000 over 1y, 0.0% of budgetHICKMAN COUNTY ECONOMIC & COMMUNITY DEVELOPMENT AS: $22,950 over 1y, 29% of budgetFAYETTEVILLE MAIN STREET INC: $15,000 over 1y, 11% of budgetUNIVERSITY OF TENNESSEE RESEARCH FOUNDATION: $15,000 over 2y, 0.1% of budgetLewis County Chamber of Commerce: $15,000 over 1y, 13% of budgetGILES COUNTY CHAMBER OF COMMERCE INC: $15,000 over 1y, 4.2% of budgetFoundersForge: $10,400 over 1y, 3.7% of budgetMDCDC INC: $10,000 over 1y, 0.4% of budgetLAUNCHYOURCITY: $10,000 over 1y, 1.1% of budgetVanderbilt University: $9,916 over 1y, 0.0% of budgetSHORA FOUNDATION: $7,000 over 1y, 2.0% of budgetMODEL CITY MAKERSPACE THE INVENTOR CENTER: $7,000 over 1y, 12% of budgetCREATE APPALACHIA: $6,000 over 1y, 2.6% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds KNOXVILLE ENTREPRENEUR CENTER ↗
  • Who funds THE NASHVILLE ENTREPRENEUR CENTER ↗
  • Who funds Entrepreneur Development Center - Southwest Tennessee ↗
  • Who funds COLAB ↗
  • Who funds VIBRANT MEMPHIS INC ↗
  • Who funds UPPER CUMBERLAND ENTREPRENURIAL FOUNDATION ↗
  • Who funds SYNC SPACE ENTREPRENEUR CENTER ↗
  • Who funds TENNESSEE ADVANCED ENERGY BUSINESS COUNCIL ↗
  • Who funds BIOTN FOUNDATION INC DBA LIFE SCIENCE TENNESSEE FOUNDATION ↗
  • Who funds TENNSMART CONSORTIUM INC ↗
  • Who funds AGLAUNCH INITIATIVE ↗
  • Who funds PROOF PROGRAMS ↗

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.

How much its grantees rely on government

Each dot is one organization Tennessee Technology Development Corp funds: left to right is the share of its income from government, bottom to top the share from Tennessee Technology Development Corp. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    17report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 175 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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