HomeMy WebLinkAbout2024 01 08 Awards/Presentations 100 - UCF Business Incubator Annual ReportAWARDS AND PRESENTATIONS ITEM 100
CITY COMMISSION AGENDA | JANUARY 8, 2024 REGULAR MEETING
TITLE
UCF Business Incubator Annual Report
SUMMARY
The UCF Incubator is advising the City Commission with an annual report.
FUNDING SOURCE
RECOMMENDATION
No action required.
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A N N U A L
R E P O R T
2 0 2 2 -2 0 2 3
UCFBIP- Winter Springs
6
G R A N T O V E R V I E W
The UCF Business Incubator–Winter Springs was
launched in 2008 as a partnership between
Seminole County government, the City of Winter
Springs, the Florida High Tech Corridor
Council, and the University of Central Florida (UCF) to
assist in furthering Seminole County’s
economic development goals. The UCF Business
Incubator–Winter Springs addresses local
business development and entrepreneurship needs
with the long‐term purpose of facilitating
new jobs and economic development opportunities
for Seminole County and the City of
W i n t e r S p r i n g s .
M I S S I O N
T o p r o v i d e s b u s i n e s s d e v e l o p m e n t a n d
o p e r a t i o n a l s u p p o r t t o e a r l y -s t a g e , t e c h n o l o g y
a n d i n n o v a t i o n -d r i v e n b u s i n e s s e s t h r o u g h o u t
C e n t r a l F l o r i d a .
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P R O G R A M S
T h e U C F B u s i n e s s I n c u b a t o r h a s s e v e r a l
p r o g r a m s t o s u p p o r t e n t r e p r e n e u r s a s t h e y
s c a l e
t h e i r b u s i n e s s e s :
•T r a c t i o n – M o v i n g a b u s i n e s s e n t i t y w i t h a n
e x i s t i n g p r o t o t y p e o f a s c a l a b l e i n n o v a t i v e
s o l u t i o n t o i n i t i a l c u s t o m e r s w i t h a g o ‐t o ‐
m a r k e t s t r a t e g y a n d f u r t h e r p r o d u c t
d e v e l o p m e n t .
•G r o w t h (C o r e I n c u b a t i o n P r o g r a m ) – M o v i n g
a n i n n o v a t i v e s o l u t i o n w i t h e x i s t i n g m a r k e t
t r a c t i o n i n t o g r o w t h s t a g e w i t h s u s t a i n a b i l i t y .
•S o f t L a n d i n g – S u p p o r t i n g e x p a n s i o n f o r
s u c c e s s f u l t e c h n o l o g y c o m p a n i e s
h e a d q u a r t e r e d
o u t s i d e o f F l o r i d a .
I n a d d i t i o n , t o t h e p r o g r a m m i n g t h e U C F B I P
o f f e r w o r k s h o p s a n d s e m i n a r s t h r o u g h o u t t h e
y e a r a n d t h e m a j o r i t y a r e o p e n t o t h e b u s i n e s s
c o m m u n i t y .
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L E A D E R S H I P
C a r o l A n n L o g u e
D i r e c t o r , P r o g r a m s & O p e r a t i o n s I n n o v a t i o n
D i s t r i c t s & I n c u b a t i o n P r o g r a m
E m a i l - C a r o l a n n .d y k e s l o g u e @ u c f .e d u
P h o n e – 4 0 7 -6 3 5 -9 8 8 2
R o b P a n e p i n t o
D i r e c t o r , P a r t n e r s h i p s & S t r a t e g y , I n n o v a t i o n
D i s t r i c t s & I n c u b a t i o n P r o g r a m
E m a i l – R o b .p a n e p i n t o @ u c f .e d u
P h o n e – 4 0 7 -4 6 7 -5 6 8 9
R a f a e l C a a m a n o
S i t e M a n a g e r
E m a i l – r a f a e l @ u c f .e d u
P h o n e – 4 0 7 -4 0 8 -4 2 9 7
R h o n d a G r a n g e r -G o m e z
O f f i c e M a n a g e r
E m a i l – r h o n d a .g r a n g e r @ u c f .e d u
P h o n e – 4 0 7 -2 7 8 -4 8 8 0
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T H E F I G U R E S
T h i s g r a p h s h o w s t h e c o l l e c t i o n o f d a t a b r o k e d o w n i n t o
q u a r t e r s . D a t a i s c o l l e c t e d q u a r t e r l y u t i l i z i n g Q u a l t r i c s a l l o w i n g
t h e c o m p a n i e s t o e n t e r t h e i r i n f o r m a t i o n i n t o t h e s y s t e m .
Quarter 4
201
Quarter 2
110
Quarter 1
94
Quarter 3
82
Q4
$5,288,323
Q2
$4,865,347
Q1
$4,751,897
Q3
$4,465,494
Headcounts
Revenues
10
Q1
$289,268
Q4
$190,630
Q3
$155,754
Q2
$136,109
Q3
$5,000,000
Q4
$4,750,000
Q2
$2,690,000
Q1
$1,650,000
Grants
Investments
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T O T A L
T h i s g r a p h s h o w s a t o t a l b a l a n c e b a s e d o n q u a r t e r l y d a t a
s u b m i t t e d b y p a r t i c i p a t i n g c o m p a n i e s o f t h e U C F B u s i n e s s
I n c u b a t i o n P r o g r a m i n W i n t e r S p r i n g s . T h e a v e r a g e h e a d c o u n t
f o r 2 0 2 2 -2 0 2 3 i s 1 2 1 .
Revenues: $19,371,061
Grants: $771,771
Investments: $14,090,000
0 1 2 3 4 5 6
Life Science
Manufacturing
Information Tech.
Other
I N D U S T R I E S
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C O M P A N I E S
B e l o w i s a l i s t o f p a r t i c i p a t i n g c o m p a n i e s d u r i n g t h e f i s c a l y e a r
2 0 2 2 -2 0 2 3 .
A I R E -H E A L T H - A M E D I C A L D E V I C E C O M P A N Y
P R O D U C I N G A P O R T A B L E N E B U L I Z E R T O H E L P W I T H
C H R O N I C R E S P I R A T O R Y D I S E A S E S .
W W W .A I R E .H E A L T H .C O M
E N T R Y Y E A R : 2 0 1 9 P R O G R A M : G R O W T H
A S P - A T R A I N I N G A N D C O N S U L T I N G F I R M
T H A T D E P L O Y A T E C H N O L O G Y P L A T F O R M T H A T
E N H A N C E F A C I L I T Y M A I N T E N A N C E I N T H E
C O M M E R C I A L A N D I N D U S T R I A L S P A C E .
W W W .A S P -I N T .C O M
E N T R Y Y E A R : 2 0 2 0 P R O G R A M : G R O W T H
C R E D I T R E P A I R O F F L O R I D A - A C R E D I T S E R V I C E
O R G A N I Z A T I O N W I T H T H E O B J E C T I V E T O S C A L E
A C R O S S F L O R I D A .
W W W .C R E D I T R E P A I R O F F L O R I D A .C O M
E N T R Y Y E A R : 2 0 1 8 P R O G R A M : G R O W T H
D I C A P T A - A S E R V I C E A N D T E C H N O L O G Y C O M P A N Y
S E R V I N G P E O P L E W I T H V I S U A L A N D H E A R I N G
D I S A B I L I T I E S T H R O U G H C A P T I O N I N G A N D D E S C R I P T I O N
A S W E L L A S P R O P R I E T A R Y S O F T W A R E .
W W W .D I C A P T A .C O M
E N T R Y Y E A R : 2 0 1 1 P R O G R A M : G R O W T H
F R E S H O R I Z E - A S E R V I C E A N D M A N U F A C T U R I N G
C O M P A N Y P R O V I D I N G T H E A I R L I N E I N D U S T R Y W I T H
E N V I R O N M E N T A L L Y F R I E N D L Y P A T E N T E D C L E A N I N G
S O L U T I O N S .
W W W .F R E S H O R I Z E .C O M
E N T R Y Y E A R : 2 0 1 4 P R O G R A M : S O F T L A N D I N G
L I F E B R I D G E - A M E D I C A L D E V I C E C O M P A N Y W I T H A T U M O R
T R E A T I N G F I E L D T E C H N O L O G Y T O T H R E A T M E T A S T A T I C
C A N C E R .
W W W .L I F E B R I D G E 1 0 0 0 0 .C O M
E N T R Y Y E A R : 2 0 1 6 P R O G R A M : G R O W T H
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P A R A D I S E S T U D I O S - A M U L T I M E D I A C O M P A N Y
D E D I C A T E D I N C R E A T I N G V I S U A L A N D S U I T O R
C O N T E N T F O R B U S I N E S S E S .
W W W .P A R A D I S E S T U D I O S F L .C O M
E N T R Y Y E A R : 2 0 2 0 P R O G R A M : G R O W T H
P R O I N S P E C T S O L U T I O N S - A S E R V I C E A N D T R A I N I N G
C O M P A N Y P R O V I D I N G H O M E , C O M M E R C I A L A N D
A N C I A L L A R Y I N S P E C T I O N S .
W W W .P R O I N S P E C T S O L U T I O N S .C O M
E N T R Y Y E A R : 2 0 1 8 P R O G R A M : G R O W T H
P R O F O R C E - A C O M P A N Y T H A T P R O V I D E S P R E -
P A C K A G E S O F T W A R E A N D T R A I N I N G S O L U T I O N S F O R
A D V A N C E D M A N U F A C T U R I N G .
W W W .P R O F O R C E .C O M
E N T R Y Y E A R : 2 0 1 9 P R O G R A M : S O F T -L A N D I N G
P R O G R A M W O R K S - A S O F T W A R E C O M P A N Y T H A T
S P E C I A L I Z E S I N C L O U D -B A S E D E M P L O Y E E , T I M E T R A C K I N G ,
A N D T I M E O F F M A N A G E M E N T .
W W W .W O R K S C H E D U L E .N E T
E N T R Y Y E A R : 2 0 2 1 P R O G R A M : G R O W T H
T E C H R A G E I T - A S E R V I C E C O M P A N Y P R O V I D I N G I T S E R V I C E S
S P E C I A L I Z I N G I N D I S A S T E R R E C O V E R Y A N D B U S I N E S S C L O U D
S E R V I C E S .
W W W .T E C H R A G E I T .C O M
E N T R Y Y E A R : 2 0 1 8 P R O G R A M : G R O W T H
S E P - A N E N G I N E E R I N G F I R M P R O V I D I N G F A I L U R E
R E C O N S T R U C T I O N , R E V E R S E E N G I N E E R I N G L I T I G A T I O N
S U P P O R T , A N D F O R E N S I C A N A L Y S I S .
W W W .S E P E N G I N E E R S .C O M
E N T R Y Y E A R : 2 0 1 9 P R O G R A M : G R O W T H
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P L A C E D T O P T W O A T H A R V A R D B U S I N E S S
S C H O O L A L U M N I A N G E L I N V E S T O R P I T C H
C O N T E S T
M A D E I T I N T O T H E T O P 5 0 F L O R I D A C O M P A N I E S
T O W A T C H
T I M E P L A S T - D E V E L O P E D A H Y N R I D M A T E R I A L W I T H A Z E R O
F O S S I L - B A S E D P L A S T I C F O O T P R I N T .
W W W .T I M E P L A S T .C O M
E N T R Y Y E A R : 2 0 2 3 P R O G R A M : G R O W T H
A C H I E V E M E N T S
D E P L O Y E D B A R I S T A C U P I N T H E U .S . A N D H I R E D
A M A R K E T I N G A N D B U S I N E S S D E V E L O P M E N T
S P E C I A L I S T .
R A I S E D 5 M I L L I O N F R O M I N V E S T O R S
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