LaunchTN to Help Boost Entrepreneurship, Jobs in Tennessee

May 03, 2012
 A new initiative is underway in Tennessee to encourage more entrepreneurs to promote their products and add workers
A new incentive to help entrepreneurs boost their resumes is getting underway in Tennessee with the help of the state's Technology Development Corporation.

The program, called LaunchTN, will be spearheaded by the nonprofit organization as a way for the state to promote innovation to build what it called a workforce of the future, according to the Tennessean.

In making the announcement during a recent two-day innovation conference, Governor Bill Haslam said LaunchTN will help connect entrepreneurs to investors, as well as help startup companies promote their products.

"LaunchTN is another piece in our plan to make Tennessee the number 1 location in the Southeast for high-quality jobs," Haslam said. "This initiative will help set Tennessee apart as a state where entrepreneurship and innovation are valued as key economic development tools."

Haslam said that the state's efforts at job creation have helped put 28,000 to work last year. He said state programs to offer aid for entrepreneurs and young companies with new technologies are among some of the best ways to stimulate economic growth.

According to the Bureau of Labor Statistics, approximately 2.5 million jobs were created by establishments less than 1 year old during 2010.
 

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