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HPG Sponsors Triangle Startup Factory

Industries: Owner-Managed Business

Services: Wealthcare

RALEIGH, N.C. (May 6, 2013) ─ Hughes Pittman & Gupton, LLP, a Triangle-based CPA firm serving the financial management needs of local, multi-state and international businesses, as well as their owners, announces its sponsorship of the Triangle Startup Factoryof Durham. Program support continues the commitment by firm partners to high-growth companies.

“We are very appreciative to have HPG join the sponsorship group for Triangle Startup Factory,” says Dave Neal, managing director, Triangle Startup Factory. “We have worked with the HPG team in many situations over the years with entrepreneurial companies and look forward to continuing that through this relationship.”

Through the Triangle Startup Factory, early-stage companies receive $50,000 in seed capital as well as office space and hands-on mentoring. The 12-week program helps the budding entrepreneur build a minimum viable product, identify the right customers, and validate market. After successful completion of the program, participating companies are eligible for additional funding, up to $150,000.

“Programs like the Triangle Start-Up Factory are important to providing economic growth and stability in N.C.,” says Brooks Malone, partner, HPG. “The HPG team has extensive experience working with bootstrapped and venture-backed technology companies with a practical, hands-on approach to help them grow.”

As a locally owned and managed firm, HPG has assisted national companies in establishing operations in N.C. and N.C. businesses in expanding to become national and international enterprises. With a unique understanding of the taxation, accounting and financial management needs of privately held and family-owned businesses, HPG accountants have guided the growth of manufacturers, retail and service businesses as well as technology companies from startup to ownership transition, be it IPO, next generation ownership or sale to employees or other investors.