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6 <br /> Article 46 under an interlocal agreement with the Town of Chapel Hill. Web site: <br /> http://www.launchchapelhill.com <br /> A summary of key LAUNCH metrics achieved since the 2013 opening: <br /> • Total #of start-up companies accelerated: 162 <br /> • Total #of companies still in operation: 108 (64%) <br /> • Total #of student cohorts: 18 <br /> • Total venture capital &grants raised: $39.8 M <br /> • Total revenues earned in 20-21: $105,256,390 <br /> • Total #of employees/jobs created 20-21: 1,187 <br /> • Total #of employees in NC 20-21: 687 <br /> • Total #of employees based in Orange County 20-21: 431 <br /> • Minority-led companies: 47% <br /> • Women-led companies: 53% <br /> • Mentors advising student cohorts in 20-21: 83 <br /> F. Piedmont Food Processing Center <br /> Total Budgeted Article 46 Funding Amount: $340,000 <br /> PFPC occupies a 10,000-square-foot facility at 500 Valley Forge Rd. in Hillsborough.The building <br /> features four kitchens, offices, a conference room, and storage space, including two walk-in coolers and <br /> two walk-in freezers. In addition to the standard commercial cooking equipment, it offers specialty <br /> equipment for blast freezing, chocolate making, bottling, dehydration, and other food processes. <br /> Website: https://www.pfapnc.org/ <br /> A summary of PFPC's 2021 metrics: <br /> • Over$4.5 M in retail value created <br /> • More than 160 jobs (83 FT/77 PT) <br /> • 73 business startups during 2021 <br /> • 63 continue as clients today with five graduated and five closed (only one due to COVID). <br /> • 139 companies incubated since 2018--70%are still in business today <br /> • Six years of double-digit growth in both revenue and number of clients served. <br /> • Types of Food Businesses: <br /> o Packaged Goods-59.5% <br /> o Food Trucks-23% <br /> o Catering& Meals- 12.2% <br /> o Farm Added-Value-5.4% <br /> • 2021 Women-led companies: 47% <br /> • 2021 Minority Owned companies: 50% <br />