TVFCU is giving away $225,000 in grants to small businesses in 2025!
Enjoy highlights from previous years.
Idea Leap Grant Calendar 2024 - 2025
Kickoff Events |
NWGA - Tue., Oct. 1 Chattanooga - Wed., Oct. 2 Ocoee - Thur., Oct. 3 |
Application Period | Oct. 4 - Nov. 4 (5 p.m. EST cutoff) |
Quarterfinalists Announced | Dec. 9 |
Video Submissions | Dec. 9 - Jan. 6 (5 p.m. EST cutoff) |
Semifinalist Announcement | Feb. 7 |
Semifinalist Video Shoots (NWGA & Ocoee Regions) |
Weeks of Feb. 10 and Feb. 17 |
Semifinalist Site Visits | Feb. 10 - Mar. 28 |
Peoples' Choice Voting | Mar. 31 - April 4 (5 p.m. EST cutoff) |
Peoples' Choice Announcement | April 7 |
Top 5 Finalist Announcement | April 8 |
Pitch Recordings - News 3 (pre-recorded portions) (NWGA & Ocoee Regions) |
Week of April 28 |
Live Show Taping/Airing - News 3 (NWGA & Ocoee Regions) |
May 6 and May 8 |
Chattanooga Pitch Night | May 8 @ The Signal |
The History and Impact of Idea Leap
Idea Leap Loan
TVFCU started the Idea Leap Loan program in 2016 to fill a void in the community for capital for start-up and early-stage businesses.
Idea Leap Grant
In 2018, after two very successful years of Idea Leap Loans, TVFCU started the Idea Leap Grant to reinvest proceeds from the loan program back into the local small business ecosystem. In the first Idea Leap Grant, the credit union awarded $52,500 in grants, with the Chattanooga School of Language winning the top prize of $20,000. In 2022, to celebrate the 5th Anniversary of the grant program, TVFCU awarded a $50,000 grant to Be Caffeinated - the largest Idea Leap Grant to-date. In 2023, TVFCU expanded the program once again by hosting separate Idea Leap Grant competitions in the Chattanooga, Ocoee and Northwest Georgia regions. In 2024, the credit union awarded $75,000 in grants in each of the three areas, investing $225,000 in 15 locally owned businesses.
Nearly 60 unique businesses have received Idea Leap Grants. Through grants and scholarships, the program has invested over $700,000 in the local entrepreneurial ecosystem.