NorthState to Provide Funding for Pilot Program
High Point, NC—December 5, 2017 — NorthState and HQ Greensboro have partnered to create the NorthState Tech Lab program to foster entrepreneurial growth for emerging local technology companies. The eight-week lab will include five entrepreneurial companies (total of 10 individuals). There is no cost to participants.
The eight-week program was developed in collaboration with the Greensboro Chamber of Commerce’s Launch Greensboro as an extension to its 11-week LaunchLab Growth Series. Tech Lab includes dedicated 24/7 work space and full membership benefits at HQ Greensboro, educational workshops and coaching to better equip the start-up with business skills to grow beyond the launch phase and become successful.
“This is an incredibly exciting opportunity for technology entrepreneurs in our area to equip themselves with the business skills needed to be successful for the long-term,” NorthState President and Chief Executive Officer Royster Tucker III said. “However, this program is not for the casual entrepreneur. Throughout the stages of the program, participants will be expected to leverage the technological tools and knowledge provided by NorthState and HQ Greensboro to demonstrate ongoing growth of their businesses.”
The inaugural Tech Lab will run from January 8 to March 2 at HQ Greensboro, and the first cohort of entrepreneurs will be selected from start-ups who already have completed Launch Greensboro’s 11-week LaunchLab Growth Series. The deadline for applications for the spring session is December 18, 2017, with participants to be selected by December 22. The spring session will begin January 8.
“Launch Greensboro’s IdeaLaunch, LaunchLab and LaunchCamp programs have created a robust pipeline of start-ups who are ready to move to the next level. This collaboration helps make that possible.” says Lou Anne Flanders-Stec, the Chamber’s Executive Vice President of Entrepreneurship and Launch Greensboro Director. “In Tech Lab, entrepreneurs will dig into operational finance, strategic marketing, technology, creative fundraising and other important areas for sustainability and growth.”
Participants will actively develop their business and achieve key milestones using skills from the hands-on workshops and insights from coaches and business experts. In conjunction with funding and strategic development support, NorthState will host a bi-weekly event for program participants as a source of additional learning and networking opportunities. NorthState will provide support for the first session in spring 2018 and a second session in summer 2018.
“NorthState is pleased to provide support for this great program,” Tucker added. “We hope to hold more sessions to assist the many great start-up businesses in our area.”
Overall coordination of Tech Lab will be provided by HQ Greensboro. Entrepreneurs who have completed Launch Greensboro’s LaunchLab and who are interested in the Tech Lab opportunity can contact Brody Cohen–Glaze at firstname.lastname@example.org to apply or for more details.
About North State
NorthState (OTC: NORSA) (OTC: NORSB) is a technology company focused on inspiring the Internet-driven lifestyle through high-touch experiences. Its fiber-delivered, ultrafast Internet and Internet-driven applications enable residential customers and businesses to efficiently and securely take advantage of the Internet. Through its Technology Solutions business unit, NorthState provides best-in-class data center colocation, customized cloud and IT solutions, managed disaster recovery services, managed security and unified communications. For more information, visit northstate.net
About HQ Greensboro
HQ Greensboro is a shared workspace in downtown Greensboro designed to empower, foster, and cultivate businesses that produce long-term job growth and positive social impact. We address two challenges that entrepreneurs face: building a trusted support community and gaining access to flexible, affordable office space. Through their partnership, HQ Raleigh, and HQ Greensboro support a strong regional community of entrepreneurs, teaming up on programming, events, and reciprocal membership privileges. For more information visit https://hqgreensboro.com.
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