Launch
LAUNCH exists to build a thriving Chattanooga where every individual who dreams of a business can be confident that the community will stand with them, removing obstacles, and creating opportunities for their success.
Mission
Empowering communities and individuals through entrepreneurship.
Storytelling
After completing the LAUNCH class, Mahogany continued to work full time at a convenience store, and used all of her savings to buy a food truck. She continued to work with our team, and was eager to keep moving despite a host of setbacks. A year later, LAUNCH helped her secure a small loan from our local Community Foundation which made it possible for her to purchase the remaining equipment and finish her truck. There were delays when the pandemic hit in full force, but Mahogany persevered through all of it. Now, Mahogany is working full time on her business, increasing revenue each month.
Ella Livingston had an idea to create high-end, sustainably sourced chocolate, inspired by her Ghanian background.
Ella took part in the 10-week LAUNCH CHA course in 2017 where ‚they gave me the confidence to start. She mentioned that the support didn't just stop after the course finished, she continued to receive coaching, support, and introductions to a local low-interest, no collateral loan opportunity. One of the largest roles that LAUNCH played in her journey was opening the doors for her to access the wider business ecosystem and network from which she had previously been excluded. The encouragement from LAUNCH has been instrumental, they [LAUNCH] were the breakthrough point into the ecosystem of entrepreneurship in Chattanooga. She now runs her business full time, and has two additional employees.
Our Impact (2022)
104 individuals served
17 training programs or workshops offered
25 funding partners
Use the icons to explore our impact metrics.
Access to Capital
Providing entrepreneurs capital in order to start and/or grow their business. (i.e. direct lending or grant programs for small businesses)
Removal of Barriers
Providing support to entrepreneurs to empower them and become more educated business owners (i.e. general business support, training in accessing procurement).
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5 Total number of loans awarded
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100,000 Total dollar amount of loans dispersed
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3 Total number of grants awarded
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5,000 Total amout of grants dispersed
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120 Total number of individual (1:1) technical assistance sessions conducted
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600 Total number of hours spent providing technical assistance
Type of Organization
- Nonprofit Organization
Locations Served
- Tennessee
Key Programs and Initiatives
- LAUNCH CHA Academy
Types of Offerings
- 1 to 1 business advising
- Advisory/Consulting Services
- Business incubation
- Certification assistance
- Mentoring/coaching
- Cohort Training Programs
- Entrepreneurial Training
- Workshops
Program Delivery
- Hybrid (in person/virtual)
Members of the Black Community Served
- 65+/Senior Citizens
- Immigrants
- Returning Citizens/Formerly incarcerated
- Women
- Youth
- Veterans
Locations of Members of the Black Community Served
- Low-income areas
- Low to moderate income areas
- Suburban areas
- Urban areas
Targeted Entrepreneur Segments
- Agriculture
- Construction
- Manufacturing
- Wholesale & Retail Trade
- Transportation & Logistics
- Real Estate Rental and Leasing
- Executive and Business Coaching
- Educational Services
Business Stage
- Start Up : a young business that is just beginning to develop and determine a market fit.
Cost of Programs
- $101-$200