City News Beat founder Greg Morey’s vision is to build the “next CNN.” And thanks to Launch Chapel Hill, he believes he’s well on his way to realizing his dream.
Recently, Morey joined nine other startups as part of an open house celebration at Launch Chapel Hill’s downtown headquarters on Rosemary Street, welcoming its 2019 spring cohort to its business accelerator. The goal: to turn early-stage businesses into self-sustaining enterprises – in just 16 weeks.
Founded in 2013, Launch Chapel Hill is a joint initiative between the Town of Chapel Hill, Orange County and UNC Chapel Hill. Since its inception, 95 companies have grown their business and brand through the program, with a new cohort selected twice a year.
The result: $25.9 million earned in revenue by alumni companies last year alone, reported Amy Linnane, the program’s manager.
Story by WRAL TechWire
| UNC-CH