Investing

Helping you offset your start-up costs

The Launch Place has the resources to help you offset some of your start-up costs by offering office and housing subsidies and two investment opportunities – our Pre-Seed Investment Program and Seed Fund.

When investments are considered, The Launch Place gives priority to the following industries:

  • Nano Technology
  • Green Technology
  • Alternative Energy
  • Advance Manufacturing
  • Advanced Materials
  • Medical Devices
  • Information Technology


Seed Fund
Seed Fund, with the flexibility to structure deals as debt, convertible debt or equity with the capacity to fund up to $250,000 per company

Pre-Seed Investment Fund
Pre-Seed Investment Program, with an opportunity to secure a maximum of $25,000 for product and market validation and $50,000 for business  model refinement

Additional Subsidies:
The Launch Place helps companies reduce their start-up cost by offering office, up to $6,000 per year, and housing, up to $5,000 per year, subsidies. The Dan River District is an attractive place to live, work, and play. It includes residential and office space in the refurbished Tobacco Warehouse District, the Dan River bike path, the Amtrak train station, the Danville Science Center, Community Market, and Carrington Concert Pavilion.

Our TOTAL subsidy and investment opportunities include:

  • Pre-Seed Investment Program, with an opportunity to secure a maximum of $25,000 for product and market validation and $50,000 for business  model refinement
  • Seed Fund, with the flexibility to structure deals as debt, convertible debt or equity with the capacity to fund up to $250,000 per company
  • Free co-location with The Launch Place
  • Office rent subsidy, up to $6,000 per year, if you chose to locate in a separate office space in the River District of Danville
  • Housing incentive, up to $5,000 per year, if you chose to locate to the River District in Danville

Plus, don’t forget, for our portfolio companies we offer:

Learn more about our Seed Fund application process and criteria: