发射田纳西州

2023年6月26日

喜欢这个故事吗?请分享!要求,其他细节解释为新“区域种子基金”共有2800万美元,-管理费用,已经分配的程序将会使计划和种子期投资初创企业在所有州的95个县。一份简报,田纳西州的企业家已经等待了好几个月,这终于发生在周五下午的时候推出田纳西州(LaunchTN)公布了新的“地区种子基金的申请过程。“这是三个组成部分之一”InvestTN”组织管理程序。另外两个组件技术基金3000万美元和1200万美元multi-funds组件。总计2800万美元-管理费用,已经分配给“区域种子基金”,这将使计划和种子期投资初创企业在所有州的95个县。资金来自田纳西州的1.17亿美元的份额据联邦资助“国家中小企业信贷计划”(SSBCI)。整个项目被称为“基金”田纳西,LaunchTN是管理7000万美元的总额。超过100人好赶时髦的小时的虚拟会话听Monique别墅,LaunchTN首席投资官解释“区域种子基金”将如何运作。“基金的目标是平分秋色”每个ECs,包括投资的95个县,她说。 Those investments will range from $25,000 to $250,000 for overall fundraising rounds of $100,000 to $750,000. There is a minimum of a one-to-one match, and those matching dollars must be in a round that is not yet closed. Applications are now being accepted through a process that starts with entrepreneurs completing a brief intake form that helps determine if the seed fund or one of the other two components of “InvestTN” will best meet their needs. Assuming it is the seed fund, the applicant will be directed to the appropriate EC which will have a Capital Coordinator who can help with the application process. Using the person is not a requirement but intended to be an important resource along with each EC having a Regional Capital Council of volunteers to provide further assistance. “The ECs source and support companies during the application process,” Villa said, having earlier explained that she expects about 120 investments to be made from the “Regional Seed Fund” pool of dollars. A standard application, regardless of location, is submitted online which triggers a due diligence process that ranges from the completeness of the application to the disclosure of all current investors to avoid any conflicts of interest (COI). There are several other steps in the process ahead of a four-member LaunchTN staff committee that will meet weekly and vote on proposed investments. “It takes at least three out of four members to approve any investment,” Villa said. “If only two approve, it fails.” Once an investment has been approved, there will be the execution of an “InvestTN” side letter and other documents before funds are wired. Villa stressed on several occasions that individuals should carefully review the Frequently Asked Questions (FAQ) portion of the “InvestTN” website. Among the “must haves” for an applicant are the following: A fully completed application; A scalable technology or distribution; and No issues with SSBCI COI rules. “We don’t participate in any transaction of $20 million or more,” Villa said, citing SSBCI rules. During a rapid-fire Q&A session, she answered a number of questions, concluding with two points. “If you are raising money or starting to raise capital, you should complete the intake form,” she said. Also, those seeking funding from the seed fund must apply directly through one of the ECs. For those who could not participate in the session, LaunchTN has posted a copy at this link .