SSBCI 2.0 (State Small Business Credit Initiative)

Fund Tennessee (SSBCI 2.0) supports and expands an inclusive continuum of access to capital for small businesses and entrepreneurs throughout Tennessee. Fund Tennessee includes investment capital and technical assistance for small businesses and entrepreneurs through loans and equity investments. InvestTN’s Regional Seed Fund is a $28M Tennessee-focused initiative for Pre-Seed and Seed stage startups. Up to $4 million is earmarked for 7 Regional Entrepreneurial Centers across the state serving all 95 counties. Investments range from $25,000 to $250,000. InvestTN’s Technology Fund will invest $30M into Tennessee-located companies from industries driving the state’s growing ecosystem. Investments range from $250K to $3M. InvestTN’s Multi-Fund invests in Tennessee-located and focused venture capital funds. Multi-Fund capital commitments serve as anchor investments in the first closing of a new fund, ranging in size from $1M to $3M.