Today when starting an early stage company, you can find an unprecedented “community” of support to get you going. It is important to get a lawyer who has been involved with, and is dedicated to working with start-ups. Learn more about our Practice Areas. Beyond what a lawyer can offer, there are structured programs backed by business and finance professionals. Business incubators and accelerators are programs designed to support the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts.
There are programs that garner national attention, some of which are located right in this area. With its dense university population, and business friendly environment, Chapel Hill, Durham, and Raleigh are some of the greatest places in the country right now to be starting a business. Look closely at all the options when you are looking at incubators and accelerators as they all have very unique offerings.
Below you will find a partial list of programs in North Carolina. As a startup law firm, we have served as the lawyer for companies in some but not all of these programs.
What is the difference between a Startup Accelerator and an Incubator?
An incubator is for the earliest of startups, providing services for early stage companies such as offering office space, business skills training, and access to financing and professional networks. The incubator nurtures the business throughout the startup phase and provides all the necessary tools and advice for the business to stand on its own feet. An accelerator on the other hand is for companies that have reached a stage where they can be helped in a shorter amount of time with things like innovation, and the launching of products. While a company may be at an incubator for an extended time, accelerators often have a very short duration, such a a few months. Accelerators often offer things such as provisions of pre-seed investment, mentoring, access to the right network, and they often end with a “Demo Day” during which the startup gets a chance to pitch in front of venture capitalists and/or business angels.
RESEARCH TRIANGLE PARK
The Accelerator for Translational Biosciences at The Hamner Institutes for Health Sciences provides emerging biotech and biopharma companies access to research facility space and equipment as well as scientific and business development support.
Private life sciences incubator that gives 14 start-up companies access to laboratories, equipment and business services.
Google for Entrepreneurs partners with a network of nine tech hubs in North America to help local startup communities thrive.
Bull City Forward connects social entrepreneurs to the resources, knowledge, and relationships they need to realize the full potential of their social ventures. Through our Forward Fellowship, Innovation Challenges, and Community Impact initiative, we improve our economy, the lives of our citizens, and the environment within Durham and beyond.
The Bull City Startup Stampede™ works from the premise that the best resource we can provide an entrepreneur is another entrepreneur. We provide early-stage companies 60 days of free, cool space, a community of peers, and a chance to learn from successful startup founders.
At The Startup Factory, early stage startup companies receive $50,000 in seed capital, hands-on mentorship, and access to our network. We get our hands dirty. Throughout the program, hands-on mentors help you develop and refine your product, launch it to your target customer segments, and test business models.
Launch Chapel Hill is a start-up accelerator located in Downtown Chapel Hill, North Carolina. Twice a year we accept a new class of high-potential entrepreneurs who are committed to building their early-stage, high-potential businesses into self-sustaining enterprises. Launch provides the support, tools and knowledge needed to decrease risks, reduce go-to-market time, and accelerate the growth of your start-up.Carolina Launch Pad http://carolinalaunchpad.org/
We want to empower others to create purpose-driven businesses and to leave the world better than they found it. We envision a future where individuals and companies will take courageous and mindful actions to drive positive change.
Anchored on downtown’s marquee Fayetteville Street and close to N.C. State University and city nightlife, this space is geared toward both coworkers and teams up to 10 people.
*Note: This is not a complete list.