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ORAN OUNTY <br /> Small B Promotion ECONOMIC DEVELOPMENT <br /> NORTH CAROLINA <br /> • LAUNCH Chapel Hill <br /> — Lease was renewed for 3 more years <br /> — Doubled the size to add more co-working space <br /> — Has assisted 63 entrepreneurial start-ups since 2013 <br /> — Currently hosting the 6t" cohort <br /> — 23 FT and 55 PT total jobs supported by 7 LAUNCH firms in 2016 <br /> • Orange County Economic Development has created a new web- <br /> based searchable database listing all identified Orange County firms <br /> Support.-Article 46 — Funded Financial Program Assisted Funding <br /> Agriculture Economic Development Grant 30 $228,060.00 <br /> Small Business Investment Grant 58 $335,715.00 <br /> Small Business Loan Program 8 $529,000.00 <br /> 96 $1,092,775.00 <br /> * These important small firms were located in all 3 municipalities in the County and created approximately 450 jobs as a <br /> result of receiving the Article 46 funds <br />