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Applications for the 8th Annual Idea Leap Grant Competition Open on Friday, October 4th

Stay tuned for updates!

Congratulations to All the Winning Finalists of the 7th Annual Idea Leap Grant Pitch Competition!

 

Chattanooga Ocoee Northwest Georgia

Creekside Flower Farm LLC (People’s Choice Winner)

Runner Up- $10,000

Ace Kayaking School (People’s Choice Winner)

Runner Up- $10,000

Cake Addicts (People’s Choice Winner)

First Place- $30,000

Divine Purity Aurapothecary, LLC

Runner Up- $10,000

Bakery on Main

Second Place- $15,000

Caffeine Addicts

Runner Up- $10,000

Humanitees Print & Design

Runner Up- $10,000

Burnside Insurance

Runner Up- $10,000

Dalton Brewing Company

Runner Up- $10,000

Renew Exterior Services

Second Place- $15,000

Ocoee Riverside Farm

First Place- $30,000

Dyer Livestock Beef, LLC

Runner Up- $10,000

Southern Soul Yoga

First Place- $30,000

Treehouse Mountain

Runner Up- $10,000

Insane Paintball, LLC

Second Place- $15,000

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.

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