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Agenda - 11-17-2015 - 7a - New Interlocal Agreement Between Orange County and the Town of Chapel Hill to Continue Funding the “Launch Chapel Hill” Small Business Incubator
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Agenda - 11-17-2015 - 7a - New Interlocal Agreement Between Orange County and the Town of Chapel Hill to Continue Funding the “Launch Chapel Hill” Small Business Incubator
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11/12/2015 4:35:01 PM
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BOCC
Date
11/17/2015
Meeting Type
Regular Meeting
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Agenda
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7a
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2015-664-E Co. Mgr. - Town of Chapel Hill interlocal agreement for small business incubator
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\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2010's\2015
Minutes 11-17-2015
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\Board of County Commissioners\Minutes - Approved\2010's\2015
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12 <br /> 10 <br /> "The town and the county work with us on (finding office space for ventures)," Rousset <br /> says. Earlier this year, UNC-Chapel Hill allowed a few promising Launch startups to work <br /> out of the University Square complex for six months before it was demolished. That <br /> period proved to be vitally important, allowing Keona Health and Impulsonic to close <br /> funding rounds. <br /> After a $2 million raise in 2014, Keona Health now has a multi-year lease for 2,300 <br /> square feet of office space in Europa Center. Impulsonic, which makes sound <br /> software used to improve the sound in gaming and simulate building sounds for <br /> architects, has moved to office space in Carrboro. <br /> Rousset has attributed much of the early success of Launch to the local mentors and <br /> groups who have offered their help. Experienced entrepreneurs and top investors from <br /> around the Triangle host lunch-and-learns at Launch, while local accounting, public <br /> relations and legal companies conduct free workshops for the Launch ventures. A few <br /> local landlords have offered discounts on office space for companies moving out of <br /> Launch, and the Chapel Hill Downtown Partnership has become a key partner in the <br /> initiative. <br /> As entrepreneurship continues to become a priority on campus, Rousset is excited about <br /> the growth that the startup scene has experienced off the campus, as well. <br /> "From the community, it's been wonderful to see the support." <br />
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