Green Touch Builders | Matthews startup gets grant for expansion
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Matthews startup gets grant for expansion

TVL International, the Matthews company developing the SmartCharge LED bulb that operates even during a power outage, has won a $75,000 loan from the Innovation Fund North Carolina.

Founder and CEO Shailendra Suman says the money will be used pay for getting the latest iteration of the SmartCharge bulb certified by Underwriters Laboratories, as well as for tooling and bulb molding for production and for marketing expenses.

TVL must match the loan dollar for dollar as it produces the new line of…