LaunchBox Digital makes its way to the Triangle:
More at the N&O .biz blog:
"Founded in 2008, Washington-based LaunchBox provides start-ups with up to $20,000 in seed capital, free or heavily discounted professional services such as legal and accounting, and an intense 12-week program in which entrepreneurs work daily with a team of mentors and advisors. In exchange, LaunchBox receives a six percent ownership stake in the business and warrants that allow it to make an additional investment."
"LaunchBox, which works only with software and Internet companies, plans to offer its first 12-week session in Durham this fall for between eight and ten companies, said Chris Heivly, executive director of the company's Triangle operations."
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