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Orlando, Fla. (May 11, 2005) – The University of Central
Florida Technology Incubator (UCFTI) is partnering with the local
chapter of the Massachusetts Institute of Technology Alumni Club
to host a June 1 event “Finding Hot Angel Investments.”
Mark Lee, Chair of the Central Florida MIT Club, said “angel
investors are high net worth individuals who invest in early
stage companies,” adding, “Angels are significant
sources of capital for companies that are not far enough along
to attract venture capital.”
“This will be a great opportunity for the Club members
and other individuals from the community to learn about being
an angel investor and to meet companies seeking funding,” added
Lee.
The session will take place from 5 to 8:30 p.m. at the University
of Central Florida’s Downtown campus on East Pine Street.
The program will feature sessions on regional angel activity,
local emerging industries hot for investment, a panel of local
angel investors and a webcast of the MIT Enterprise Forum from
the Cambridge, Mass. campus of MIT.
The MIT Club of Central Florida is comprised of local MIT alumni.
Many of its members are entrepreneurs or potential angel investors.
For more information about the event and to register, visit
http://www.alum.mit.edu/calendar.
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For more information, please contact:
Tom O’Neal or Carol Ann Dykes, UCF-Technology Incubator,
407-882-0202
Mark Lee, MIT Club of Central Florida, 407-234-6266
Larry Vershel, Larry Vershel Communications, 407-644-4142
About the UCF Technology Incubator
Since its founding in 1999, the UCF Technology Incubator has
helped more than 80 emerging technology companies create over
$150 million in revenue and more than 450 new jobs with an
average salary of $59,000. As a result of this success, the
UCF Technology Incubator was recently named the 2004 Technology
Incubator of the Year by the National Business Incubation Association.
Headquartered in Research Park near the University, the Incubator
is a true collaboration in economic development between UCF,
Orange County, the City of Orlando the Florida High Tech Corridor
Council and the Metro Orlando Economic Development Commission.
For more information, please visit http://www.incubator.ucf.edu.
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