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As a 501 (C) 3 nonprofit organization, The Launch Place strives to energize and diversify Southern Virginia's regional economy through entrepreneurship development and business consulting services. The Launch Place recruits and retains entrepreneurs to and in the Danville region in Virginia, and specializes in providing superior business consulting services to these entrepreneurs, private businesses, economic development organizations, non-profit institutions and local governments at subsidized fees throughout the entire Southern Virginia region. The Launch Place Seed Fund looks for investment opportunities in which our capital can serve as a critical catalyst to specific milestone achievement, whether it is follow-on capital, first customer(s), or another significant breakthrough in the company's growth. The typical range of investments made in the portfolio companies ranges from $100,000 to $250,000, with the ability to fund up to $500,000 per company.
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