This Is the Way to Run an Incubator
it comes to fostering technology companies along the Florida
High Tech Corridor, clearly the University of Central Florida
(UCF) Technology Incubator is meeting with success. It has
already graduated three firms this year, which
means these once fledgling companies have outgrown the need
for support that an incubator offers.
in January 2000, the incubator (www.incubator.ucf.edu)
is operating with 34 companies and plans to expand into larger
quarters in downtown Orlando. To add to that, it is partnering
with the incubator at Seminole Community College. We
plan to offer our mentorship programs there, says Tom
ONeal, director of the UCF incubator.
the success of UCFs incubator is its ranking in the
top 10 of the nations incubators by the National Business
Incubator Association. Thats for the number of
new jobs created and the increase in revenues enjoyed by our
client companies, ONeal says. Were
number one in the nation for intellectual capital, based on
the number of patents. He adds: We focus on one
getting companies out of our incubator.
Takes a Digital Village, They Say
The success of Lakewood Ranch, a 28,000-acre community
straddling the border of Sarasota and Manatee counties
along Interstate 75, has been a catalyst for development in
that area. They first began building homes there in 1995.
One reason for its success, says spokeswoman Lisa
Rubenstein, is the attention the community pays to its residents.
why Lakewood Ranch, a company of Schroeder-Manatee Ranch Inc.
(SMR), launched an electronic counterpart on the Internet.
Its called Digital Village at Lakewood Ranch, a Web
site available free to residents, enabling them to communicate
with one another, find babysitters, receive Lakewood Ranch
correspondence and use other features.
survey at Lakewood Ranch shows that 90 percent of residents
have access to the Internet at home. Thats when
we thought the timing was perfect, Rubenstein says.
If someone doesnt have a computer at home, they can
use one at the community service building. SMR plans to add
shopping features so that residents may visit the online sites
of area businesses and even clip electronic coupons, Rubenstein
says. The site, www.lakewoodranchresidents.com,
is different from the company site, www.lakewoodranch.com.
Life Sciences Consortium Grows
Interest in the National Consortium for Life Sciences Entrepreneurship
initiated by the University of South Florida
continues to grow. The consortium (www.entrepreneurship.usf.edu),
with seven new members since last November, is a partnership
between the Ewing Marion Kauffman Foundation
and universities around the nation seeking to promote life
consortium has grown to 20 entities and has
received a third year of support from the Ewing
Marion Kauffman center, says Michael Fountain,
director of USFs Center for Entrepreneurship and
national director of the consortium. Were looking
to add top name schools.
Whos Who list includes, San
Diego State University, Wake Forest University,
Michigan State University, Cornell University,
University of California San Francisco and Case Western
The Tampa Bay Technology Forum (www.tbtf.org)
has added three local executives to its board of directors:
Scott Clark, general manager of Microsofts Gulf States
district; Thomas Hall, chairman of Tucker/Hall, a Tampa public
relations firm; and Scott Miller, managing director of Lovett
Miller, a Florida venture capital and private equity firm
with investments in technology and other industries.
Last year Verizon (www.verizon.com) invested more than $241
million to modernize its telecommunications and further extend
its high-speed Internet service offerings in Florida. It plans
to spend $7.5 billion this year on capital projects in its
nationwide wireline business, including continued Florida
Tampa-based Sypris Electronics (www.grtk.com/electronics)
has won a $6.2-million contract to design an encryption device
for handheld computers used by the U.S. military for transmitting
data in battle environments
flight training center in Orlando (www.lockheedmartin.com/lmis)
has received full certification from the Federal Aviation
Administration to train commercial pilots.
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© Maddux Report L.C. 2003