Welcome to the
INCITE Co-Investment Fund Webpage

**For a draft summary of changes to the INCITE Co-Investment Fund program documents, please click here.**

The INCITE Co-Investment Fund is a venture capital program designed to stimulate the growth and development of innovative small businesses in Tennessee and increase the number of better-paying, high-quality jobs in our state. Backed entirely by a $29.7 million award through the U.S. Department of Treasury’s State Small Business Credit Initiative, the program is expected to spur additional private-sector investment of up to $300 million to accelerate the expansion of Tennessee’s economy.  

The Fund is a key component of Governor Bill Haslam’s $50 million INCITE (innovation, commercialization, investment, technology and entrepreneurship) initiative to raise Tennessee’s profile in innovation-based economic development and drive growth in the creation of knowledge-based jobs. In addition to fostering job creation, the goals of the Fund are to increase access to capital for small businesses at various stages of development; accelerate technology commercialization from the state’s research institutions into Tennessee companies; and minimize administrative costs of managing the program in order to maximize funding to Tennessee companies.

The Fund, designed by the Tennessee Department of Economic and Community Development (ECD), is administered by the Tennessee Technology Development Corporation (TTDC).

More information about the INCITE Co-Investment Fund, eligibility and funding criteria, please see our Program Overview section.

If you have any questions or concerns, please submit them electronically to incite [at] tntechnology [dot] org.