ORLANDO - A Regional Economic Impact Study of the University of Central Florida Business Incubation Program shows that the 14-year old network of economic development partnerships between private enterprise and local governments in Orlando, Sanford, Winter Springs, Kissimmee, St. Cloud, Apopka and Daytona Beach has helped create literally thousands of new jobs with substantially higher wages than area medians.
NAPLES – Newly-formed venture development organization Fusion Pointe shared its mission with an enthusiastic, at-capacity audience of entrepreneurs, investors and civic, philanthropic and business leaders last Monday evening. The group's mission is to to encourage, accelerate and expand the innovation economy in Southwest Florida.
Fusion Pointe hopes to open its doors to high growth tech entrepreneurs in Spring 2014.
MIAMI - The Venture Hive accelerator has announced its 2014 Spring class in partnership with the Miami Downtown Development Authority and Miami-Dade County. The program is focused on recruiting and cultivating tech businesses in sectors closely aligned with Miami’s economic future, including hospitality and tourism, trade and logistics, healthcare, and creative sectors such as design, music, art, and fashion.
Venture Hive received over 150 applicants from 23 different countries, which were narrowed down to 10 selected companies.
NEW YORK, NY - The recession brought Orlando tourism down by 4.7 percent and sent housing tumbling; median prices dropped below $100,000 in 2010 after peaking at almost $265,000 in 2007. Unemployment also reached its worse level—11.9 percent in 2010.
"When the two big pieces of your economic pie cease to exist, said Orlando's mayor, Buddy Dyer, "you recognize dramatically the need for diversification."
For Orlando that meant building on its strengths by creating mixed-use clusters around existing industries, such as digital media and biosciences, to generate jobs, further education and attract talent. Already home to 400 digital media companies, the city is developing its newest cluster, Creative Village, downtown.
MIAMI – The Florida Venture Forum, a statewide association for venture capitalists and entrepreneurs, is inviting company executives with mid-to-later-stage, Florida-based companies to apply to present their company pitches before investors and venture capitalists at the 2014 Florida Venture Capital Conference. The conference takes place from January 28-29, 2014 in Orlando.
FORT LAUDERDALE - Some people use alternate virtual world programs like Second Life to escape reality, but one researcher is examining whether these same virtual worlds that are used to stimulate the imagination could help amputees develop the skills needed to navigate the real world.
Sandra Winkler, who has a Ph.D. in occupational therapy and serves as a faculty researcher and assistant professor for the Nova Southeastern University College of Health Care Sciences, was recently awarded a three-year grant totaling nearly $1 million in funding from the U.S. Department of Health & Human Services Agency for Healthcare Research & Quality to pursue her study. The project costs will be 100% financed with federal funds.
JACKSONVILLE – KYN, an accelerator and apprenticeship program for startups, has opened applications for its Spring 2014 program. Launched in August 2013, KYN is a unique opportunity for small businesses in Florida and throughout the southeast to access funding for growth and be mentored by fellow entrepreneurs in a 16-week program.
Each startup accepted into the KYN accelerator is provided with $35,000 in seed funding and $50,000 in tools and resources to aid the business in achieving long-term sustainability. The KYN program provides accepted startups with access to mentors, developers and designers, workshops, workspace and a collaborative community. Members of the KYN team work hands-on with accepted startups on a daily basis to achieve each business’ individual goals and fulfill needs required to take the company to the next level upon completion of the program.
Starter Studio Demo day was the culmination of three months of hard work inside the Orlando tech accelerator. Seven startups took the stage to highlight what they’ve accomplished, pitch their business, and show you why their startup will succeed.