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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/impact enterprises.
Success:
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. With six current locations 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 City of Sanford,
and the Florida High Tech Corridor Council.
Locations:
With 6 locations including the Central Florida Research Park, adjacent
to the UCF campus in East Orlando, Orlando close to the Executive Airport,
on the UCF Campus, Winter Springs, Leesburg and Sanford the Business
Incubation Program consists of over 100,000 square feet. A seventh location
is planned to open in the beginning of spring in St. Cloud.
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.
- Access to experienced entrepreneurs through the Entrepreneur
in Residence program
- 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
- Shared reception, office equipment, conference rooms, and other support services.
The UCF Business Incubation 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 Disney Entrepreneur Center; SBDC at UCF
; UCF Venture Lab ; UCF Center for Entrepreneurship & Innovation, the Florida
High Tech Corridor Council; the Metro Orlando Economic Development Commission,
and many others, the region is already recognized as one of the nation's premier
locations for developing high growth/impact enterprises. |
