Insight

Gunster's VentureBuzzHere is your roundup of recent significant events in the worlds of technology, entrepreneurship, startups and venture capital investing in Florida and beyond. Please share this information with others who may find it valuable.

The Big Buzz:

The Florida Institute for Commercialization of Public Research hits deal milestone. The institute recently closed its 72nd financing transaction. To date, the institute has funded 48 companies (including some multiple financings), which have had an estimated positive economic impact on our state of $379 million. The institute provides seed-capital financing to companies that are commercializing technology developed at Florida universities and research institutes.

Helpful Stuff:

SAFEs and KISSes: Alternative investment vehicles can help early stage companies get financed

Recent Happenings:

  • The South Florida Accelerator opens in FAT Village, Fort Lauderdale, with a new kind of accelerator business model.
    • Successful Sup-X event demonstrates South Florida’s ascendance as a startup destination. This startup expo, held in Fort Lauderdale in mid-February, attracted 50 startups and a significant assortment of private equity, venture capital and angel investors. The top three startups shared $50,000 in awards. Congratulations to Apellix for taking the top spot.
Sup-X 2016 (Fort Lauderdale)
Photo: Don Tolep (courtesy of Silverstream Consulting)
  • Black Tech Week a success in Miami. Entrepreneurs, funding sources and mentors come together.
  • Congratulations to Greg Baty on his move to Trivest!
  • UF continues to shine. Congratulations to University of Florida – named best university in Florida (public or private).
  • FAU Tech Runway provides startup company mentoring based on MIT formula.
  • Social News Desk named to Gator 100. Social News Desk, a leading creator and provider of social media management tools for newsrooms and media organizations, received this award in recognition of being one of the 100 fastest growing companies owned or led by University of Florida alumni.
  • Co-working spaces flourish in South Florida. Downtown Fort Lauderdale is home to some of the hottest co-working spaces in South Florida. General Provision (in FAT Village) and Axis (downtown) provide space, essential services and all the benefits of co-working for startups and entrepreneurs. This co-working trend is hot and will continue to increase.
  • Euro Safe Harbor 2.0 coming up? U.S. and EU reach agreement on personal information data exchange (called the “privacy shield”), but there is still a long way to go.

Events:

April 15 calendar Technology Leaders of the Year awards 2016 by Greater Miami Chamber of Commerce (Miami)
April 18-19, 2016 calendar e-Merge tech conference (Miami)
April 18-24, 2016 calendar Orlando Tech Week
May 17, 2016 calendar Florida Venture Forum's Florida Early Stage Capital Conference (St. Petersburg)
May 19, 2016 calendar Greater Fort Lauderdale Alliance mid-year meeting and luncheon (Fort Lauderdale). Keynote speaker: Florida's Chief Financial Officer Jeffrey Atwater
May 20, 2016 calendar FAU Tech Runway – Launch Competition 2016 (Boca Raton)

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