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� 35 <br /> v Pl <br /> l! <br /> Entrepreneurial & Incubator Support <br /> Article 46 funding: $100,000 or 8% of total <br /> Examples of Use: <br /> • "LaUNCh Chapel Hill" innovation center is funded 50/50 through an <br /> Interlocal Agreement between Orange County & Town of Chapel Hill. <br /> The Interlocal Agreement expires on 12/31/15. <br /> • Orange County will contribute $140,000.00 for 3 %2 year through the <br /> initial Interlocal Agreement. UNC & private sponsors also contribute. <br /> • At the request of LaUNCh, the Town of Chapel Hill and UNC, staff will <br /> soon present to the BOCC a recommended proposal for a 3-year <br /> extension of the Interlocal Agreement, at the same annual cost, to <br /> continue the County's financial commitment to LaUNCh. <br /> Mi <br />