Aside from being a lot of fun, it turns out LaunchMemphis’ 2008 inaugural season was a huge financial success. LaunchMemphis kicked off in May 2008 with a well-attended Tech Fuel event. Things have only gone up since then, with several events having been hosted already, and many more on the horizon.
The best news, however, comes from a recently published LaunchMemphis financial report for 2008. The program, since its inception, has taken $16k in investment capital and produced nearly $500k in economic impact, all right here in Memphis.
This success is attributed to a host of factors. Among them is a very dedicated group of founders dedicated to the growth of Memphis’ entrepreneurial community. Eric Mathews, Dave Barger, Harry Brown, Sridhar Sunkara, Chris Allen, Anna Ivey, Gwin Scott, Douglas Scarboro, Marc Diaz, and Lori Turner have all dedicated immense time and effort into seeing this program accomplish all that it has.
LaunchMemphis also owes a great deal of success to its sponsorship base which has consistently provided funding and resources that have helped maximize the programs potential. FedEx Institute of Technology, Bosco’s Brewing Company, Memphis Regional Chamber, Center City Commission, Sun Microsystems, JumpBox, Cadre5, Flying Circle, Baker, Donelson, Bearman, Caldwell, & Berkowitz, Naked Lion Brewing Company, Starbucks Coffee, Domino’s Pizza, Neely’s Bar-B-Que, Innova, Mercury Technology Labs, Impact Memphis, Red Bull, Open Road Technologies, Small Business Chamber, Red Bull, LunaWeb, and Rendezvous BBQ, all played a crucial role in events over the past year.
Visit the 2009 schedule for upcoming LaunchMemphis events and links to more information.