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High Point council approves $75,000 incentive for Project Launch to renovate Long Street building
Summary
Council approved a $75,000, two‑year performance‑based building upfit grant for Project Launch to renovate 1321 Long Street; applicant said the project would invest about $300,000 in phase one and is projected to create roughly 40 jobs over 4–5 years.
The High Point City Council approved a performance‑based economic incentive for Project Launch (Team Launch Point) to renovate a downtown Long Street office building and support a private business incubator and start‑up accelerator.
Peter Bishop, the city’s economic development director, described Project Launch as a venture‑creation firm seeking a $75,000 building upfit…
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