In Chapel Hill, business incubators are working with up-and-coming entrepreneurs to develop their ideas into a concrete business model.
Launch Chapel Hill, one of three business incubators in Chapel Hill, is starting a program to streamline the incubation process.
Dina Mills, program manager for Launch Chapel Hill, said the Accelerator Program will offer a three-day boot camp that will work to acclimate the accepted businesses to the incubator’s resources, environment and technology.
“We will have a team of businesses going through the start-up process together at the same time,” she said. “This will allow us to obtain better resources and businesses will also have the ability to actively learn from each other.”
The boot camp is part of a 22-week program that will run from Jan. 6 to June 6. Business owners can learn more at two interest sessions on Oct. 28 and Nov. 12.
Mills said Launch Chapel Hill’s businesses are mostly based in town, but they have international reach.
She said Launch Chapel Hill tries to draw resources from the area to assist its small businesses.
“We have around 250 different mentors in the Kenan-Flagler Business School that take the time to help our businesses,” Mills said.
The incubator supports a total of 16 start-up businesses that have collectively raised $1.25 million in funding ventures over the past two months.