LaunchAccelerator

Stakeholders

Financial Partners

UNC

Town of Chapel Hill

Orange County

Becker Family

Resource Partners

Local Law Firms, Accounting Firms, PR Agencies, Marketing Firms, and Departments across UNC and even Duke University

Community

Triangle Office Equipment, SCORE, Friends of the Downtown, Local Serial Entrepreneurs, Angels, Investors

Goals • Promote economic development

in Chapel Hill & RTP

• Create outlet for graduates of UNC entrepreneurship programs

• Build/retain an accessible network of experienced entrepreneurs to engage in UNC entrepreneurship curriculum (building the stack)

• Extend UNC’s commitment to innovation to the broader community

• Help raise RTP region’s profile as a leading start-up hub

Program Ingredients

• 2 Cohorts per year (January & July) • Entrepreneurs in Residence • Mentor Network• Financial, Accounting, Legal, Marketing experts for Lunch n

Learns and Guru Hours• Speaker Series• Networking events – 1mc, mixers, pitch sessions, free lunch

fridays• Funding Assistance • Co-working space – 3500 sq. ft. of hot desks, (shared offices)

and dedicated offices

Our VenturesCohort alpha:

Cohort 1:

Cohort 2:

Cohort 2:

Key Metrics• 34 Companies served to Date:

– 18 in house, 16 have moved out of Launch

4 in CH offices, 5 in area co-working spaces, a few have moved out of area and a few back into home offices. None have completely ceased operation.

– Collectively have raised over $1.5 million in early stage funding and over $2 million in venture funding

– Job creation – early stage – Keona- grown from 1 to 8 FTE, Impulsonic 2 to 6 FTE, with most utilizing part-time or interns

Key Metrics

• Created Community of Entrepreneurs – 1 Million Cups, Triangle Entrepreneurship Week, Start Up Weekend, etc

• Strengthen Town-Gown relationships – students and classes working with Community entrepreneurs, and vice versa

• Raising Chapel Hill’s profile as a place for Start-ups – local, regional and national press