The Work Index by Flexa

LaunchTN

LaunchTN is a public-private partnership dedicated to fostering entrepreneurship and economic development in Tennessee by providing startups with capital, connections, and commercialization opportunities.

https://launchtn.org/
4.9

/10

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Description

LaunchTN is a public-private partnership that supports entrepreneurship and economic development in Tennessee, with a goal of making the state the best in the country for startups. They provide resources and support for entrepreneurs at various stages, including capital access, commercialization opportunities, mentorship, and connections. Through partnerships with regional entrepreneur centers and industry leaders, LaunchTN offers a comprehensive network that empowers innovators across the state.

LaunchTN actively works to connect entrepreneurs with investors and provide funding opportunities. Their InvestTN fund, a $70 million venture fund, specifically focuses on investing in Tennessee-based startups and venture capital funds. They also host events like their annual 3686 conference, bringing together entrepreneurs, investors, and industry experts to foster collaboration and growth within the state's entrepreneurial ecosystem.

Flexibility

LaunchTN offers a hybrid work environment with flexibility for work-from-home days, though employees must be willing to relocate to Nashville for in-person office presence. The company also provides a generous benefits package including 4 weeks of PTO, health insurance, a cell phone stipend, and a wellness stipend.

Benefits

LaunchTN offers a comprehensive benefits package to employees including a competitive salary with bonus potential, a 401k with an 8% employer contribution, 80% coverage of health insurance, dental, and vision plans, four weeks of paid time off, federal holidays, office closure between Christmas Eve and New Year, a birthday week day off, a $90/month cell phone stipend, and a $50/month wellness stipend.

Mission

LaunchTN is a public-private partnership dedicated to fostering entrepreneurship and economic development in Tennessee. Their mission is to empower innovators across the state by providing access to capital, commercialization opportunities, and a connected network of resources. They strive to make Tennessee the best state in the country for startups by supporting collaboration among founders, investors, researchers, private sector institutions, and government entities.

Not-for-profit
Social impact led

Culture

LaunchTN promotes a collaborative and inclusive culture focused on supporting entrepreneurs and innovation. They value teamwork, accessibility, and serving their community. Their website highlights their commitment to creating a welcoming and supportive environment for entrepreneurs and investors, evidenced by initiatives like their Fellows Program and Community Partner Program. This culture encourages individuals to think creatively, be driven, and enjoy their work while fostering a sense of shared purpose and mission.

Collaborative
Entrepreneurial
People-first
Supportive

DE&I

LaunchTN actively promotes diversity, equity, and inclusion within the Tennessee startup ecosystem. They strive to create a welcoming and equitable environment for all entrepreneurs, regardless of background, identity, or experience. This commitment is reflected in their initiatives, such as the "Roots Collective" program, which supports marginalized businesses in Knoxville, and their partnership with the Tennessee Latin American Chamber of Commerce, which offers entrepreneur training in Spanish. They actively seek to build a diverse and inclusive network of partners, mentors, and investors to foster a thriving startup community where everyone has the opportunity to succeed.

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