AcceleratorXLerateHealth is a healthcare accelerator based in Louisville, Kentucky, with a focus on fostering healthcare innovation by connecting early-stage companies with commercialization experts.
The Launch Place
The Launch Place supports entrepreneurship and business growth in Southern Virginia through consulting services and funding opportunities. They focus on energizing the local economy by helping businesses plan, launch, and succeed.
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Overview
The Launch Place is an organization focused on fostering entrepreneurship and economic development in the Danville City and Pittsylvania County region of Virginia, as well as Caswell County in North Carolina. Founded in 2004 as the Southside Business Technology Center (SBTC), it rebranded to The Launch Place in 2012 after receiving a $10 million grant from the Danville Regional Foundation. The organization aims to create an environment conducive to innovation and entrepreneurship, providing support and capital to startups and serial entrepreneurs.
Focus
The Launch Place invests in innovative, high-growth technology companies, primarily in sectors such as advanced manufacturing, healthcare IT, medical devices, software, and electronics. They offer a range of services including business consulting, mentoring, and training. The organization operates two funds: a Seed Fund and a Pre-Seed Fund, which provide financial support to startups at various stages of development.
Support
The Launch Place offers mentorship, business consulting, training, and access to funding through its Seed and Pre-Seed Funds. They also provide portfolio companies with free co-location and support to help them achieve critical milestones.
Questions
What types of companies does The Launch Place invest in?
The Launch Place invests in innovative, high-growth technology companies primarily in advanced manufacturing, healthcare IT, medical devices, software, and electronics.
How much funding can I receive?
The Seed Fund typically invests between $100,000 and $250,000, with the potential to fund up to $500,000 per company.
Check your startup’s fit
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