A consortium of Greenville entrepreneurs recently announced that it is come together to create a business incubator that addresses a gap in the current startup / funding ecosystem. GVL Capital Innovations will bring together the current aspects of Greenville’s startup resources to best support knowledge-based, high-touch startups that don’t fit the typical criteria for venture capital or traditional accelerators. The group aims to provide mentoring, networking with strategic resources, and funding.
“As the founder of a high-touch startup myself, I’ve found that we just aren’t an attractive investment for venture funds looking to get in, scale up, and sell quickly,” says Jonathan Fowler, founder of Logicle Analytics LLC who is spearheading this group. “It’s as though we are immediately forced to start thinking with one foot out the door. I don’t want that. I want to build something that generates local profits and builds local talent. We saw the gap, and we want to fill it.”
Fowler notes that the group is not meant to compete with any existing business incubators. “I’m thankful for what we have here already, the culture of innovation and resources like NEXT and GVL STARTS. Logicle Analytics has benefited from those, specifically. What we aim to do here is step up to catch the great ideas and talent that might be falling through the cracks.”
GVL Capital Innovations will be headquartered in Greenville, with an office space yet to be determined. The group is in its infancy and is seeking volunteers, partners, and investors. Learn more at www.gvlcapitalinnovations.com
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