1. Presentation by:
Eva Doss, President and CEO
June 3, 2014

2. Mission and Objectives
The Launch Place energizes and diversifies our regional economy
through entrepreneurship development and business consulting
services.
The objective is to retain, recruit
and develop emerging entrepreneurs
to locate their business to and live
in the Danville region based on
specific technical and financial incentives

3. Brief History about The Launch Place
- Established in August 2004 based on industry demand
to provide business consulting services to existing and
emerging business
- Modeled after the Virginia Tech BTC
- Officially opened on May 17, 2005 in Martinsville as an
independent 501 (c)(3) with a 12 member regional BOD
- Opened Danville office in 2008 at the DRBDC
- Received funding from HF, Tobacco Commission, VA
state, EDA, DRF, Southside locales, and client fees
- Delivered over 200 in-depth multi-phase business
consulting projects and assisted over 400 businesses,
non-profits and municipalities

4. Today: The Launch Place
• SBTC officials realized that the organization needed to rebrand itself to
reflect what the organization was doing.
• During this rebranding process, the organization was awarded an
unprecedented $10 million grant for five years from DRF.
• The organization increased its capacity to deliver
its traditional business consulting services and
earned the new capacity to recruit and retain
entrepreneurs.
• The Launch Place was born.

5. The Launch Place Expanded and Enhanced Services
1. Entrepreneurship retention, recruitment
and development
2. Seed Fund management
3. Business Consulting
4. Business Mentoring/Training/Coaching
5. Office space and Housing
Office space subsidy
Up to $6,000 per year
Residential housing subsidy
Up to $5,000 per year

6. The Launch Place Expanded and Enhanced Services
Seed Fund Eligibility Guidelines:
• Focus industries: IT, software, engineering and
electronic related products, bio-materials, medical
device, healthcare products and green energy.
• Fill out an application for consideration
• Provide a business plan projecting market position,
capital strategy, management team development,
risk factors and potential growth analysis
• Adhere to The Launch Place’s due diligence
processes
• Willing to relocate to the Danville region for 3 years
• Projected job growth in 3 to 5 years

7. The Launch Place Fund
- Seed Fund Advisory Board of Experts
- Estimated seal of investment $250,000
- Potential syndication and deal structuring with other Angels
- Financial Mechanisms:
A. Convertible debt – company borrows money from an investor and the
intention of both is to convert the debt to equity at some later date.
B. Straight Equity
- Possible gap-financing based on results

8. The Launch Place Fund Results as of May 7, 2014
Application Source Total Percentage
Gust 76 61%
Website 37 30%
N/A 11 9%
Total 124 100%
Current Stage Total Percentage
New 0 0%
Screening 8 6%
Interview Scheduled 0 0%
Reviewed 4 3%
Due Diligence 3 3%
Invested 2 2%
Potential Decline 0 0%
Declined 86 69%
On-Hold 10 8%
Watch-List 11 8%
Total 124 100%

9. Seed Fund Investments
Closed deal with thee companies
1. KSI Data Sciences
• Investment Amount - $150,000 (at closing) + $100,000 (contingent upon
product completion)
• http://www.prnewswire.com/news-releases/the-launch-place-commits-
250000-to-ksi-data-sciences-llc-240073191.html
2. Cirrus Works
• Investment Amount - $75,000 (at closing) + $175,000 (contingent upon
raising $100,000 from another source by end of April)
• http://www.prnewswire.com/news-releases/the-launch-place-commits-
250000-to-cirrusworks-to-expand-its-technology-247037681.html
3. Seal Innovation
• Investment Amount - $250,000
• http://www.thelaunchplace.org/news/details/id/64/seal

10. The Launch Place Consulting Services
1. Business plan and proposal development
2. Competitor analysis
3. Market research and analysis
4. Financial modeling
5. Industry and cluster analysis
6. Feasibility studies
7. Organizational analysis
8. Mergers and acquisitions
9. Products and service procurement

12. The Launch Place Mentoring/Training/ Coaching Services
In Partnership with
Plus…
1. IdeaFest – held on February 28, 2014
2. The Big Launch Challenge – May 22, 2014
http://thebiglaunch2014.istart.org
3. Entrepreneur Network Event Series
Business Partnerships
June 19, 2014, 12:00 to 1:30 pm

13. With these expanded and enhanced services, The Launch Place is
part of Danville region’s efforts to create and sustain a hotbed of
entrepreneurship activity…
…where connections are made and a network is formed.
Your
Network
Entrepreneurship
Recruitment
Retention
Development
Mentoring
Training
Coaching
Space
Subsidy
Seed Fund
Business
Consulting
Your
Team
Partners
SuppliersClients

14. Questions
?Eva Doss, President and CEO
434.799.5491 ▪ edoss@thelaunchplace.org