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The Launch Place started as a business consulting service, but lack of funding resources for startups inspired a rebranding to provide financial support for Dan River entrepreneurs. By Grace Mamon
The Launch Place’s Seed Fund II invests $250,000 to help Revibe Technologies undergo more clinical R&D for its ADHD-targeted wearables.
Today, The Launch Place announces its $250,000 investment in CytoRecovery, an early-stage company with an innovative system enabling the sorting, enrichment and recovery of live cell samples. From the coffers of TLP’s Seed Fund II, the funding will help CytoRecovery commercialize its flagship cell sorting platform for medical research.
Valleys Innovation Council, an affiliate of Verge, in partnership with The Launch Place, the Appalachian Council for Innovation and Blue Ridge PBS are coming together to expand the PitchPlus program to company founders seeking education, technical assistance and mentoring with respect to financing the growth of their high growth potential startup companies.
The Launch Place received 92 applications for its 10th Annual Big Launch Challenge Pitch Competition from various start-up companies ranging form femtech to AI assisted gene therapy. The top 10 competitors took the stage and presented their innovative business ideas at the NC Biotechnology Center on Thursday, November 17.