The Tennessee Valley Federal Credit Union (TVFCU) has announced details for its “Fourth Annual Idea Leap Grant” program where small businesses in the Chattanooga area can vie to win a top prize of $21,000.
The competition, which totals $58,000 in awards, is open to businesses in TVFCU’s 13-county service area that have been in operation for at least one year and have fewer than 20 employees. In addition to the top grant, the next four places will be awarded $15,000, $10,000, $7,000 and $5,000 respectively.
The “Idea Leap Grant” is a multi-stage competition with the application deadline set for June 4 and the announcement of the winners in mid-October. To read the rules, click here. To apply, click here.