UCF Enterprise Incubation Program, StarterStudio Open New Downtown Entrepreneur Hub | College of Central Florida Information

UCF Enterprise Incubation Program, StarterStudio Open New Downtown Entrepreneur Hub | College of Central Florida Information

To showcase the efforts of two organizations main the area in diversifying its economic system, the UCF Enterprise Incubation Program’s Downtown Innovation District and StarterStudio are shifting to the middle of Downtown Orlando.
On Dec. 1, 2021  the applications will go away their Church Avenue Alternate area for a storefront property on Orange Avenue between Church Avenue and Pine Avenue. On Tuesday, a grand opening was held on the new location at t 130 S. Orange Ave., the bottom ground of the historic Kress Constructing. The three,579-square-foot area at present contains a few workplace areas however contains essential convention and assembly area for programming.
“There’s an attract to being within the coronary heart of downtown and for individuals having the ability to see the exercise going down as they move by,” says Rob Panepinto, director, Innovation Districts Technique and Partnerships and senior strategic advisor for Partnerships and Innovation at UCF. “Plus, a key within the area was its flexibility to accommodate not simply the present atmosphere of workplace area in downtown however rapidly regulate to future wants of our companies.”
The UCF Enterprise Incubation Program is a group useful resource that gives early-stage firms with the instruments, coaching and infrastructure to develop into financially steady, excessive progress/influence enterprises. Since 1999, this award-winning program has offered very important enterprise growth assets leading to over 300 native startup firms reaching their potential quicker and graduating into the group the place they proceed to develop and positively influence the native economic system.
For Innovation District firms, this new area gives central assembly area for the group’s mentorship and First Buyer applications.
“Certainly one of our main focuses all through the Innovation Districts is to attach these scalable firms to regional leaders who can influence their companies,” Panepinto says. “This area will rapidly develop into a hub for this sort of exercise and will definitely create an influence on our total area.”
For StarterStudio, this transfer is the fruits of a return to its core mission of offering assets to early-stage tech and tech-dependent entrepreneurs. The group was the area’s first coworking area, however, in 2019, StarterStudio determined to maneuver away from that mannequin. StarterStudio is a nonprofit that works with companions all through Central Florida to strengthen the tech startup ecosystem and to raise the area within the eyes of buyers, educating them about some great benefits of investing regionally in tech startup firms.
“We got down to increase our applications and deemphasize the place because the coworking market matured and commercialized,” says Lilian Myers, govt director of StarterStudio. “We’re specializing in the mission that was initially supposed to satisfy the technique of being the one non-profit accelerator targeted on tech and tech-enabled firms.”
In 2020 and 2021, the group doubled its programming for entrepreneurs. The brand new location will enable StarterStudio to supply in-person programming, together with on-line programming. A lot of it present applications shall be shifting to this hybrid mannequin.
“We’re actually happy to have the College of Central Florida Analysis Basis within the Kress Constructing,” says Rob Yeager, landlord for the Kress Constructing of Sullivan Properties. “This area on the middle of Downtown Orlando provides our metropolis an important alternative to essentially watch these firms develop and influence our total area.”

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