Taiwan shows how Tennessee with TVA support will be at forefront of innovation.

On a recent business development trip to Taiwan, I found that my conversations with government officials and prospective companies centered around two of the most pressing issues impacting the global economy today: the rapid rise of artificial intelligence (AI) and the immense power needed to support its growth. Taiwan is a key trading partner and […]
Governor Lee, Commissioner McWhorter Announce New Funding for Nuclear Education

Tennessee Gov. Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Stuart C. McWhorter announced today that Tennessee Tech University (Tech) will receive funding from Tennessee’s Nuclear Energy Fund.
Community Spotlight: Oak Ridge, Tennessee

When the Japanese attacked Pearl Harbor on Dec. 7, 1941, the city of Oak Ridge, Tennessee, did not exist. Then, in an effort to end World War II, the U.S. government purchased rural farmland in 1941 and rapidly built the city as part of one of the most significant scientific and military undertakings in history—the […]
TNECD Announces Nearly $3 million in Funding through the Transportation Network Growth Opportunity Initiative

NASHVILLE, Tenn. – The Tennessee Department of Economic and Community Development (TNECD) announced today $2.9 million will be awarded to seven collaborative teams through the Transportation Network Growth Opportunity (TNGO) initiative. TNGO, which received an initial $5 million in funding through the Tennessee General Assembly during the 2023 legislative session, serves as a tool to […]
Governor Lee, Commissioner McWhorter Announce New Funding for Nuclear Education

Roane State Community College and University of Tennessee, Knoxville are the newest recipients of funding from Tennessee’s Nuclear Energy Fund. The additional dollars will support the state’s growing nuclear workforce by assisting both institutions with nuclear program development and implementation. NASHVILLE, Tenn. – Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner […]
Exploring the Quiet Revolution: Whisper Aero’s Impact in Tennessee

In August 2021, Whisper Aero announced it would locate its headquarters and create nearly 50 new, high-paying jobs in Cumberland County. Since then, the company has also broken ground on an 8,000-square-foot flight testing facility at the Crossville Memorial Airport (KCSV). TNECD sat down with the company’s co-founders, Mark Moore and Ian Villa, to discuss […]
Governor Lee, Commissioner McWhorter Announce Type One Energy Group, Inc. to Establish HQ and Expand R&D Operations to Tennessee

Type One Energy is the first funding recipient through Tennessee’s Nuclear Energy Fund Company to invest $223 million in East Tennessee Project includes a headquarters relocation, expanded research and development operations NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Type One Energy Group, Inc. officials […]
Pioneering the Future of Biotech in Tennessee

In the heart of Tennessee, where the rolling hills meet a culture of innovation, August Bioservices has undergone a transformative journey since its November 2020 announcement to significantly expand in Nashville by investing over $150 million and creating more than 200 new jobs. This biotech pharma company has grown into a world class drug manufacturing […]
Tennessee First in the Nation to Address AI Impact on Music Industry

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee announced the Ensuring Likeness Voice and Image Security (ELVIS) Act, a bill updating Tennessee’s Protection of Personal Rights law to include protections for songwriters, performers, and music industry professionals’ voice from the misuse of artificial intelligence (AI). Tennessee’s music industry supports more than 61,617 jobs across the […]
TNECD Announces Rollout of Transportation Network Growth Opportunity Initiative

Economic development tool used to connect and leverage research and innovation assets statewide Initiative focuses on making Tennessee the No. 1 destination in the Southeast for mobility R&D investment NASHVILLE, Tenn. – The Tennessee Department of Economic and Community Development (TNECD) announced today the rollout of the Transportation Network Growth Opportunity (TNGO) initiative. TNGO, which […]