Danville, VA-based The Launch Place is accepting applications from innovative and creative entrepreneurs.
It provides startups with seed funding and other business support services, such as business consulting, mentoring and training, and office and housing subsidies.
The Launch Place will structure deals as debt, convertible debt or equity with investment ranging between $50k and $100k with the ability to go as high as $200k per startup.
All entrepreneurs are eligible for consideration but business ideas related to engineering, high technology and bio-materials are preferred.
Led by Seed Fund Manager Lynn Allen and President & CEO Eva Doss, The Launch Place received a $10m grant from the Danville Regional Foundation in July 2013.