The UCF Business Incubation Program is a family of business
incubation sites in and surrounding the Greater Orlando. The incubators are
established to provide tools, training, infrastructure and much more to start-up
companies in the community.
Business incubation is a critical element of regional economic development
strategy. Studies show that 95% of companies stay in the community where
they are established. Incubator support greatly reduces the risk of failure
and 87-91% of companies that graduate from an incubator program are still in
business 5 years later.
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. The Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, the City of St. Cloud, and the Florida High Tech Corridor Council.
The various sites are listed below:
UCF Business Incubator - Apopka
325 S McGee Avenue,
Apopka, FL 32703
UCFBIP’s 10th incubator opened April 18, 2012.
The incubator is situated in a 8,000 square feet building on the corner of McGee Avenue and East Semoran Blvd, SR 436, and is in close proximity to various cuisines for dining. The incubator includes flexible spacious office space – some with windows, a conference/training room, boardroom, mini-conference rooms, a café and networking areas, internet connectivity, a reception area, and some office equipment.
The incubator is a partnership between UCF, Apopka City and the Florida High Technology Corridor Council.
UCF Business Incubator - Central Florida Research Park
3251, 3259 & 3267 Progress Drive
Orlando, FL 32826
The UCF Business Incubator – Central Florida Research Park (the former UCF Technology Incubator) was established in 1999 to support emerging high technology companies and help them become financially stable business enterprises. The 48,000 sq. feet incubator offers proximity to the main UCF campus and key technology industry clusters in the area. Facilities include several conference rooms, break rooms, shared office equipment and space suitable for offices, laboratories and early stage manufacturing. The incubator is a partnership between UCF, Orange County and the Florida High Technology Corridor Council.
This 48,000 square foot facility is located
on Progress Drive in the Central Florida Research Park and provides flexible
space for incubator clients that need larger facilities or that need space
suitable for laboratory or production activities. This facility typically
houses 10-20 person operations that require 1,000-7,000 square feet of
UCF Business Incubator - Daytona Beach International Airport
601 Innovation Way,
Daytona Beach, FL 32114
The UCF Business Incubator - Daytona Beach International Airport is UCFBIP’s ninth incubator. The incubator opened July 27, 2011, in an effort to assist high growth companies in Volusia County. The incubator is a mixed use incubator and will house all kinds of companies except for retail.
The 9,600 sq.-ft. facility is located at the US Customs terminal at the Daytona Beach International Airport. It has a very modern style, and is able to house approximately 20 companies depending upon how many offices each company requires for operation. Besides the very nice office space and a shared reception area, there is also a modern spacious kitchen that has room for quite large gatherings. The incubator has two conference rooms, and a big training room with a Smart Board. Outside the incubator has a huge enclosed patio that is excellent for hosting big events, and there are a lot of free parking spaces at the incubator’s entrance.
UCF Business Incubator - Kissimmee
111 East Monument Ave., Suite 401
Kissimmee, FL 34741
The UCF Business Incubator - Kissimmee officially opened October 28, 2010.
The incubator is 8,000 sq. feet and has a modern design style with big and light offices. The incubator is situated on the fourth floor of a building that is part of the Kissimmee City Centre, and it has several meeting facilities, a conference room and a big training room with SMART Board. The incubator is within few minutes walking distance of everything in the city centre, especially several nice restaurant's and cafe's.
UCF Business Incubator - Orlando
3218 E. Colonial Drive, Suite G
Orlando, FL 32803
The UCF Business Incubator - Orlando opened in December, 2007. This site
was created in a partnership with the City of Orlando. The incubator has recently
been expanded and now covers a total of 6.000 sq. feet. and has a spacious
feel with many common areas, and a very big training room. The incubator is
located very close to Down Town Orlando and the Executive Airport. Some important
benefits at this location are the many free parking spaces, and furniture
for the offices can be provided, but it is optional.
College of Optics and Photonics
University of Central Florida
4000 Central Florida Blvd,
Orlando, FL 32816
The UCF Business Incubator – Photonics UCF Campus is
housed in the Center for Research & Education in Optics & Lasers (CREOL)
on the UCF Main Campus in East Orlando. This site offers approximately
21,000 sq. feet. of laboratory space for technology development partnerships
between industry and UCF researchers. Supported by funding from the
US Economic Development Administration, the facility is accelerating the movement
of innovative laser and optics technology into the marketplace.
UCF Business Incubator - Sanford
110 W 1st Street
Sanford, FL 32771
September 2009, the UCF Business Incubator - Sanford opened it doors. The incubator is positioned in a beautiful historical building in the center of downtown Sanford on 1st Street. Due to the perfect location and an enormous interest from the entrepreneurs in the area the incubator in June 2010 expanded to almost double size - now having a total of 5850 sq. feet. The facility offers office space, along with coaching, training, and meeting space.
UCF Business Incubator - St. Cloud
Stevens Plantation Buisness Park
3201 Budinger Ave.
St. Cloud, FL
UCF Business Incubator - St. Cloud had its open house celebration in the end of April 2010. The 14,200 sq. ft. incubator is a state of the art, class A office facility located in the new beautiful Stevens Plantation Business Park. By June 2010 the incubator was fully ready, in partnership with Osceola County the City of St. Cloud, UCF and the Florida High Tech Corridor Council, to serve the entrepreneurial ventures in this area. The incubator offers flexible office space, high speed fiber connectivity, conference/training rooms, and shared reception and office equipment.
1511 E. State Road 434, Suite 2001
Winter Springs, FL 32708
UCF Business Incubator - Winter Springs opened its doors in 2008 to serve high growth startups in Seminole County. The incubator is a partnership between UCF, Seminole County Government, the City of Winter Springs and the Florida High Tech Corridor Council. The modern facility, conveniently located in the Vistawilla Office Center building on East S.R. 434 at the 417 on/off ramp, features 10,800 square feet of space, and includes flexible office space, a conference/training room, boardroom, mini-conference rooms, a café and networking areas, metro-Ethernet fiber connectivity, a reception area, and some office equipment.