2009 News

Dr. Tom O’Neal, founder of the UCF Business Incubation Program receives award from Florida Small Business Development Center Network

ORLANDO, Fla., (Oct. 02, 2009)…. Dr. Tom O’Neal, founder and executive director of the UCF Business Incubation Program, recently received the “Regional Outstanding Resource Partner Award” from the Florida Small Business Development Center Network at its annual meeting. 

The award was in recognition of the unique partnership between Dr. O’Neal of the UCF Business Incubation Program and Eunice Choi, Director of the UCF Small Business Development Center (SBDC) at the new UCF/Leesburg Business Incubator site.  The 4,000 square foot building at 600 Market St. that serves as the Incubator will also function as an office for the SBDC, who will share staff and facilities with the Incubator to maximize productivity and economic impact within the community. 

“By offering the UCF Business Incubation Program along with the SBDC, we can more efficiently and effectively serve the needs of more small businesses in Lake and Sumter Counties,” said James Spencer, new site manager for the Leesburg Incubator, who joined the program in July.

Another example of one of the many partnerships between several organizations that Dr. O’Neal has been involved in creating is the new 3,800 square foot UCF/Sanford Business Incubator, which opened recently at 110 W. First St. in downtown Sanford.  

The UCF/Sanford Business Incubator is a partnership among City of Sanford, UCF Business Incubation Program and the Florida High Tech Corridor Council, the founding partners, who have formed an additional partnership with the local SBDC, SCORE (Service Core of Retired Executives) and volunteers in a joint effort to assist entrepreneurs in building successful companies that will create new jobs in Sanford and Seminole County.

“At the UCF Sanford Business Incubator everyone has stepped forward to help create a partnership that ranks as one of the most cost-effective strategies to stimulate local economies," Dr. O'Neal said.

The new incubator facility offers office space, along with coaching, training, and meeting space, and the daily point of contact from UCFBIP will be, Rafael Caamano, Dr. O'Neal said.

For more information about this release contact:
Gordon Hogan, Director of Operations, UCF Business Incubation Program 407-882-1577, bizdev@mail.ucf.edu 
Dr. Tom O’Neal, Executive Director, UCF Business Incubation Program, 407 882-1120, oneal@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com

About the UCF Business Incubation Program
Since its founding in 1999, the UCF Business Incubation Program has helped more than 120 emerging companies (including over 75 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is collaboration in economic development between the University of Central Florida, the City of Orlando, Orange County, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg, City of Sanford and the Florida High Tech Corridor Council.  For more information, please visit www.incubator.ucf.edu.

www.ucf.edu