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Mission:
A University-driven community partnership providing early stage
companies with the enabling tools, training and infrastructure
to create financially stable high growth enterprises.
Success:
Since its founding in 1999, the UCF Business Incubation Program
has helped more than 130 emerging companies (including 70 current
clients) create over $500 million in annual revenue and more
than 1000 new jobs with an average salary of $59,000. With
seven facilities across the metro Orlando community, the Business
Incubation Program is a collaboration in economic development
between UCF, Orange County, the City of Orlando, Seminole County,
the City of Winter Springs, Lake County, the City of Leesburg,
and the Florida High Tech Corridor Council.
Facilities:
With 6 locations including the Central Florida Research Park, adjacent
to the UCF campus in East Orlando, Downtown Orlando, on the UCF Campus,
Colonial Drive, Winter Springs, and Leesburg the Incubator consists
of over 100,000 square feet.
Services:
The UCF Business Incubation Program provides a variety of services
such as:
- Mentoring and advising in all aspects of business development
and growth including business and strategic planning,
legal counsel, accounting/tax, human resources, government
contracting, strategic partnerships, marketing and PR,
financing, grant preparation, insurance and risk management.
- Educational programs
- Marketing & PR support
- Networking opportunities with peer groups, area professionals, University
faculty, and support organizations
- Complimentary memberships in a variety of organizations
- Adaptable space and flexible leases in several locations
in the Orlando area
- Access to UCF faculty and labs, library, and support organizations
- Shared reception, office equipment, conference rooms, and other support services.
The UCF Business Incubator Program provides client companies
with the experience and insight needed to create successful
companies through relationships it has created with its network
of experienced entrepreneurs, professional service providers,
economic development partners, small business service providers,
university experts as well as a dedicated staff.
With the wealth of talent and resources developed by UCF and
the benefits of its prime locations, the UCF Business Incubation
Program is making a significant contribution to the economic
development of the region. Combined with efforts by other organizations
such as: the Florida High Tech Corridor Council; City of Orlando;
Orange County Government; Seminole County Government; the Metro
Orlando Economic Development Commission; the city of Winter
Springs; and others, the region will soon become one of the
nation's premier locations for high-impact enterprises |