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Discussion University of Central Florida Incubation Program

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Update UCF Business Incubation Program UCF Venture Lab Dr. Tom O Neal Associate VP for Research & Commercialization Executive Director, UCF Business Incubation Program – PowerPoint PPT presentation

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Title: Discussion University of Central Florida Incubation Program


1
Update UCF Business Incubation Program UCF
Venture Lab Dr. Tom ONeal Associate VP for
Research Commercialization Executive Director,
UCF Business Incubation Program
2
Dr. Svetlana Shtrom Director, UCF Venture
Lab Gordon Hogan Director, UCF Business
Incubation Program Carol Ann Dykes Site
Manager, UCF Business Incubation Program
3
  • UCF Business Incubation Program Mission
  • A university-driven community partnership
    providing early stage companies with the enabling
    tools, training and infrastructure to create
    financially stable high growth enterprises.

4
  • UCF Business Incubation Program
  • 1999
  • One location and 6 clients in Central FL
    Research Park
  • Today
  • 9 locations in Metro Orlando
  • Central FL Research Park
  • UCF Campus
  • Orlando
  • Winter Springs
  • Sanford
  • Leesburg
  • St. Cloud
  • Kissimmee
  • Daytona Beach (opening soon)

5
UCF Business Incubation Program
  • 58 graduates
  • Nearly 100 clients
  • 1,600 new jobs
  • 59,000 average salary

6
  • UCF Venture Lab Mission
  • A university-community partnership providing
    early-stage entrepreneurs with experienced
    business coaches and services to assist in
    pre-business steps critical for the successful
    launch of technology firms

7
  • UCF Venture Lab
  • 150 clients
  • UCF faculty
  • Incubator Clients
  • Entrepreneurs/companies from community
  • Support to local angel network Catapult Partners
  • Support in preparing 12 SBIR proposals

8
Growing Companies Creating Jobs
Robert Abascal,President
  • A premier engineering company that exploits
    commercially
  • developed technologies for new virtual training
    applications
  • Clients include
  • US ARMY
  • US Marine Corps
  • US Air Force
  • International Military
  • Training Commands
  • (UK and UAE)
  • Commercial Airlines

UCFBIPs Incubation Process
9
How We Were Helped
  • Flexible Office Space Leasing
  • Support growth needs from 100 square feet to
    6000 square feet
  • Professional appearance and legitimacy A real
    business home
  • Heads up and Advice on myriad issues
  • Lunch and Learn sessions
  • Professional Services vetting/referrals (Carol
    Ann Seal of Approval)
  • Advisory services
  • Seminars
  • Networking (professional and social)

UCFBIPs Incubation Process
10
Alexei Glebov, CEO
Growing Companies Creating Jobs
  • A pioneer and leading manufacturer of
    ultra-narrow band optical filters based on
    holographic volume gratings in proprietary
    photosensitive glass material
  • Key Markets optoelectronic OEMs, analytical
    instrumentation, defense, materials processing,
    pharma.
  • More than 300 customers on 5 continents and
    exports more than 60 (in 2010)
  • Some customers Raytheon, Boeing, Horiba, Trumpf,
    Shimadzu, NASA, etc.

UCFBIPs Incubation Process
11
How We Were Helped
  • Incubator provided flexible space to accommodate
    growth requirements
  • Incubator and Technology Transfer provided
    business and legal expertise and support
  • Venture Lab helped with market research
  • Incubator and Venture Lab provided assistance
    with IP portfolio search and ongoing IP
    negotiations

UCFBIPs Incubation Process
12
Growing Companies Creating Jobs
Specializes in the creation and publication of
educational curriculum materials, programs, and
services to positively impact communities,
families and individuals.
CLIENTS INCLUDE National Science Foundation ?
Orange County Public Schools Seminole County
Public Schools ? Los Angeles Unified School
District
13
How We Were Helped
  • Staff Development
  • Intern Recruitment
  • Free Workshops for Team Training
  • Sales Seminars by Experts
  • Strategic Planning
  • Quarterly Success Planning Meetings
  • Resources to Identify and Address Company
    Needs
  • Client Referrals
  • Y.M.C.A.
  • Seminole County Public Schools
  • Political Officials
  • Professional Service Referrals
  • CPA and Insurance Agent
  • Website Designer

14
Growing Companies Creating Jobs
David Loeb, President
  • Market Local government
  • Solution Cloud Community Development Software
  • Featuring web-based permitting, code enforcement,
    development review inspections
  • Deployments
  • Brevard County
  • Charlotte County
  • City of Ocoee

15
How We Were Helped
  • Identified opportunity to replace obsolete
    software with subscriptions to modern cloud
    solutions
  • Incubator provided coaching on a consultative
    marketing program
  • Market assessment
  • Venture Lab study of market trends packaging
  • Close coordination with UCF talent
  • CFRP location ideal for commercial, government
    academic synergy
  • Coaching
  • Quarterly meetings focus on the strategic rather
    than the urgent
  • Best practice seminars financial, legal, sales,
    marketing, HR,
  • Networking
  • Incubator introduction to government industry

16
Growing Companies Creating Jobs
Jason Goldberg, Founder / COO
GroundFlights alleviates stress and
maximizes productivity by providing on-demand,
door-to-door Corporate transportation throughout
Florida. Our Mobile Executive Offices (MEOs) are
specially designed and constructed Mercedes-Benz
Sprinter Vans with all of the amenities of an
executive office suite driven by a trained,
certified GroundPilot.  Target markets are
professional services firms, construction and
public sector professionals who require business
travel throughout the state of Florida.
17
How We Were Helped
  • Venture Lab assisted us with sales strategies and
    cold call script creation.
  • Venture lab helped us decide content for investor
    presentations.
  • Venture Lab provided extensive market research on
    Law Firms in Central Florida that may fit our
    core customer persona.
  • Venture Lab assisted in reviewing and modifying
    our financial models.
  • Incubator introduced us to David Stacey who
    joined our advisory board and provided financial
    oversight and expertise on raising capital.
  • Incubator provided us with strategic/tactical
    guidance, and office space in a well-managed
    facility with the ability to network with other
    clients.
  • Incubator workshop offerings helped us stay
    informed and aware of potential pitfalls and
    strategies for success.

18
Growing Companies Creating Jobs
JJM Environmental Solutions, Inc.Joseph J.
Matulis, Founder/CEO
  • Patented fertilizer delivery invention for
    Horticulture plants Agriculture crops.
  • Lawn care landscape firms, golf courses,
    flora-culture and food crop greenhouses, city
    state municipalities, private and public
    recreational parks and athletic fields.

19
How We Were Helped
  • Updating and modifying our business plan to more
    effectively introduce our patented fertilizer
    delivery technology to prospective end users
    lawn care, landscape, golf courses, etc.
  • The Venture Lab assisted in
  • Composing a fresh and focused White Paper
  • Coaching to refine our presentation of the
    benefits and advantages of our innovative
    technology

20
Update UCF Business Incubation Program UCF
Venture Lab Dr. Tom ONeal Associate VP for
Research Commercialization Executive Director,
UCF Business Incubation Program
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