More money this year in TVFCU idea pitch grants

The offer grants to great business ideas

CHATTANOOGA (WDEF) – Tennessee Valley Federal Credit Union is doubling its amount of grant money being given away during National Small Business week.

This morning T-V-F-C-U announced the fifth annual idea leap grant will award five businesses a share of 100 thousand dollars in grants.

The grand prize winner will receive 50 grand.

TVFCU Vice President Tommy Nix says this giveaway allows Tennessee valley businesses to grow which in turns helps the area grow.

“If we can make these entrepreneurs one at a time a little bit better and we can make Chattanooga a little bit better. Which makes all of us have better quality of lives so that’s it for us we want reinvest and make our community better.”

You can visit the TVFCU website for for information. The application process starts on May second.