SBA Awards LaunchTN Grant to Support Small Business Innovation and R&D Commercialization

The U.S. Small Business Administration recently granted 24 awards up to $125,000 in the Fiscal Year 2019 through its Federal and State Technology (FAST) Partnership Program. TAEBC’s Energy Mentor Network partner, Launch Tennessee (LaunchTN), was named the grant recipient for Tennessee.

The program’s goal is to improve outcomes for underrepresented entrepreneurs in its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. FAST also aims to increase participation for rural-based, women-owned and economically disadvantaged firms.

In addition to receiving one-year of funding beginning September 30, the FAST program offers mentorship, technical assistance, specialized training and outreach opportunities for R&D focused small businesses. Organizations use the funding to help enact state and regional programs that support SBIR applicants and awardees.

“FAST partners support an important role in attempting to fill various gaps that R&D-focused small businesses may have to help them win SBIR/STTR awards,” said Acting Administrator Christopher Pilkerton in a prepared statement. “They focus on the needs of next-generation high-tech firms and support them through the entire cycle from ideation to commercialization. SBIR funding is one way to do that. Additionally, a number of these awards are going to partners that are located in Opportunity Zones where job creation and investments are moving forward to revitalize communities.”

To learn more about FAST, follow this link.

Launch Tennessee Commercialization Resources Workshop

Register for this workshop to learn about commercialization resources available specifically to Tennesseans.

RSVP HERE!

Tennessee is one of few states with an entrepreneur-resource infrastructure operating at the state level. Through our statewide partner network, we deliver curriculum, mentors and more to entrepreneurs building high-growth-potential businesses.

LaunchTN maintains a portfolio of resources for Tennessee-based entrepreneurial researchers to advance their commercialization efforts. These resources include:

  1. Networks programs that pair mentors with promising new companies and entrepreneurs;
  2. Microgrants that provide financial support for grant-writing assistance to Tennessee-based early-stage companies; and
  3. the SBIR Matching Fund that provides non-dilutive capital to Tennessee-based companies upon their successful federal grant award.

Lunch will be provided. Please direct questions about this workshop to allie@launchtn.org.

This workshop is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.

Launch Tennessee hosting upcoming commercialization resources workshop

Join Launch Tennessee on Monday, May 13 in Chattanooga for an engaging workshop on Tennessee’s SBIR and commercialization resources.

By attending the workshop, you’ll get in-depth exposure to federal grant funding opportunities and learn of resources available to Tennesseans.

Tennessee is one of few states with an entrepreneur-resource infrastructure operating at the state level. Through our statewide partner network, we deliver curriculum, mentors and more to entrepreneurs building high-growth-potential businesses.

LaunchTN maintains a portfolio of resources for Tennessee-based entrepreneurial researchers to advance their commercialization efforts. These resources include:

  1. Networks programs that pair mentors with promising new companies and entrepreneurs;
  2. Microgrants that provide financial support for grant-writing assistance to Tennessee-based early-stage companies; and
  3. the SBIR Matching Fund that provides non-dilutive capital to Tennessee-based companies upon their successful federal grant award.

Lunch will be provided. Please direct questions about this workshop to allie@launchtn.org

You can register for the workshop here.

TAEBC attends, sponsors 2nd annual Innovation & Entrepreneurship Week on the Hill

TAEBC attended and sponsored Launch Tennessee’s 2nd Annual Innovation & Entrepreneurship Week on the Hill in Nashville Feb. 19 to 20. This gathering was hosted by Launch Tennessee and several organizations across the state as an opportunity for entrepreneurs and innovators to speak with legislators and promote innovation in the statewide economy.

Policy makers, legislators, and key stakeholders kicked off Week on the Hill celebrations of entrepreneurship and innovation at a reception the evening of Feb. 19. The next morning, TAEBC and other sponsor organizations spoke to attendees before launching into a day of meetings.

Vice President of TAEBC Cortney Piper and CEO of Stone Mountain Technologies (SMTI) Michael Garrabrant attended and spoke with state legislators and policymakers about TAEBC’s mission and the benefits of advanced energy entrepreneurship and innovation for Tennessee’s economy.

In these meetings, they discussed TAEBC’s 2018 Tennessee Advanced Energy Economic Impact Report to provide further context for decision makers regarding the state’s advanced energy sector. Michael also emphasized the importance of the Energy Mentor Network as its second graduate and SMTI’s cost-effective, advanced heating technologies, along with his commitment to grow his manufacturing company in Northeast Tennessee. SMTI’s products seek to lower energy costs, improve comfort, and reduce CO2 emissions.

Throughout the day, they met with representatives Lt. Governor Randy McNally, Rep. John Holsclaw, Sen. Rusty Crowe, Rep. Rick Staples, Rep. John Ragan, and Sen. Becky Duncan Massey. They also met with Allen Borden, the deputy commissioner of business, community and rural development, and Tony Niknejad, the policy director for Governor Bill Lee.