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HomeMy WebLinkAbout2025 07 14 Awards and Presentations 100 - UCF Business Incubator Program Winter Springs Semi-Annual UpdateAWARDS AND PRESENTATIONS ITEM 100 CITY COMMISSION AGENDA | JULY 14, 2025 REGULAR MEETING TITLE UCF Business Incubation Program Winter Springs Semi-Annual Update SUMMARY The UCF Business Incubation Program staff is advising the City Commission with an update. FUNDING SOURCE RECOMMENDATION No action required. 5 FY 2024-25 REPORT Q1 UPDATEJANUARY - MARCH 2025 6 TABLE OF CONTENTS Q1 UPDATE | JANUARY - MARCH 2025 1) OVERVIEW 2) PROGRAMS 3) SERVICES 4) METRICS REVENUES HEADCOUNT INDUSTIES 5) HIGHLIGHTS 7 Q1 UPDATE | JANUARY - MARCH 2025 OVERVIEW The University of Central Florida Business Incubation Program is a community resource that provides early- stage companies with the tools, training and infrastructure to become financially stable, high- growth/impact enterprises. Since 1999, this award-winning program has helped hundreds of local startups reach their potential faster and graduating into the community where they continue to grow and positively impact the local economy. 8 THE RIGHT PROGRAM FOR YOUR STAGE TRACTION GROWTH SOFT LANDING Launching Your Startup Scaling Your Business Expanding to Central Florida Q1 UPDATE | JANUARY - MARCH 2025 9 AREAS OF SUPPORT BUSINESS DEVELOPMENT BUSINESS OPERATIONS CONNECTIONS TO CAPITAL LEADERSHIP DEVELOPMENT MENTORING WORKSPACE Q1 UPDATE | JANUARY - MARCH 2025 10 COMPANY REVENUES JANUARY - MARCH 2025 SALES GRANTS INVESTMENTS$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $4,589,920 $467,021 $598,638 Q1 UPDATE | JANUARY - MARCH 2025 11 COMPANY HEADCOUNT JANUARY - MARCH 2025 W2 1099 UCF GRADS VETERANS0 50 100 150 200 159 31 16 5 Q1 UPDATE | JANUARY - MARCH 2025 12 COMPANY INDUSTRIES Q1 UPDATE | JANUARY - MARCH 2025 JANUARY - MARCH 2025 TECHNOLOGY LIFE SCIENCES MANUFACTORING OTHER0 1 2 3 4 5 4 1 3 5 13 HIGHLIGHTS TIME PLAST: LEASED 2,800 WAREHOUSE IN SEMINOLE COUNTY LIFEBRIDGE: COMPLETE GLP ANIMAL STUDY; READY FOR HUMAN TRIALS Q1 UPDATE | JANUARY - MARCH 2025 FRESHORIZE: ONBOARDED SOUTHWEST & HAWAIIAN AIRLINES RYTHEM & BLUES: ACQUIRED PICKLES IN LONGWOOD UCF INCUBATOR: 15 ENTREPRENEURS ATTENDED COMMUNITY WORKSHOPS 14 CONTACT US Q1 UPDATE | JANUARY - MARCH 2025 MICHAEL.WEISS@UCF.EDU INCUBATOR.UCF.EDU SITE MANAGER RAFAEL.CAAMANO@UCF.EDU INCUBATOR.UCF.EDU INTERIM DIRECTOR MICHAEL WEISSRAFAEL CAAMANO 15