RESEARCH TRIANGLE PARK, NC – June 21, 2017 – First Flight Venture Center (FFVC), a Research Triangle Park-based science and technology incubator for NC entrepreneurs, has announced a launch date of September 13, 2017 for its advanced rapid prototyping facility, Hangar6. Designed to be a shared prototyping lab open to all science-based companies in and around North Carolina, the project is funded by a $450,000 challenge grant from the U.S. Department of Commerce under the Regional Innovation Strategies (RIS) program.
FFVC plans to launch Hangar6 with an open house event on September 13, and to hold periodic events during the year to showcase new equipment, capabilities, and services as the facility evolves to meet the needs of science and technology businesses.
Since being awarded the grant for the Hangar6 project in November of last year, FFVC management has secured space in RTP at 6 Davis Drive, directly adjacent to FFVC headquarters, and is now in the process of arranging for equipment, services, and sponsors for the prototyping facility in advance of the launch date, as well as hiring a full-time director to oversee the Hangar6 operations.
“It’s exciting to see the progress as the Hangar6 facility comes together,” said Andrew Schwab, FFVC president. “We’re looking forward to providing a comprehensive range of advanced equipment and expert professional services that will serve as a resource for the rapidly-growing number of science- and technology-based entrepreneurial companies that are springing up in the RTP and the greater Triangle regions. We believe that the Hangar6 facility will be a catalyst for the growth of new companies and new employment opportunities for North Carolina.”
According to Schwab, the Hangar6 prototyping facility is designed to have an ongoing, self-sustaining source of funding through subscription fees for use of the equipment, as well as sponsorship opportunities for companies that offer resources and services needed by companies engaged in the prototyping process. FFVC is actively seeking equipment suppliers and other vendors to participate in the Hangar6 program.
Partnering with FFVC in the Hangar6 project are Alexandria Real Estate Equities, an RTP-based real estate investment trust (REIT) focused on life sciences; the North Carolina Center Of Innovation Network (NC COIN), a member network of companies dedicated to fostering a growth environment in North Carolina for technology companies; and Eva Garland Consulting (EGC), a firm that assists innovative technology companies obtain non-dilutive funding through government and private sources to accelerate their growth.
First Flight Venture Center is located at 2 Davis Drive in Research Triangle Park, NC. Companies interested in participating in the Hangar6 project as subscribers or sponsors can contact President Andrew Schwab at [email protected] or visit the FFVC website at https://ffvcnc.org/ .
ABOUT FIRST FLIGHT VENTURE CENTER
First Flight Venture Center (FFVC) First Flight Venture Center (FFVC) is a high-science, high-impact incubator located in the heart of Research Triangle Park. Established in 1991, with a mission to support the development and growth of high-science, high-impact entrepreneurial companies by providing the tailored resources, guidance, connections, and support required for their commercial success.