Wednesday, August 9, 2023

5 Steps to Better Business Finances

Running a successful business requires more than just a great idea and hard work; it demands a thorough understanding of your financials. Proper management of business finances is crucial for long-term success and growth. Whether you're a seasoned entrepreneur or just starting, following these five steps can help you navigate the financial aspects of your business with confidence and efficiency.

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New Clients

Join us in welcoming:

Soarce to our Life Sciences Incubator in Lake Nona! Learn more about its renewable and high performing material innovation by clicking here.

In the News

Lake County to get new UCF Business Incubator-Eustis


UCF Business Incubation Program Now Hiring for Site Manager in Eustis

LOOLA, Inc. Participates in upcomingFlorida Restaurant and LodgingShow


Capacitech Energy Picked by Prestigious International Climate Tech Accelerator


Kismet Technologies Closes $5 Million Seed Raise


Tech Rage IT’s Matt Rose Spotlights the Power of Robotic Process Automation



Kismet Technologies Awarded National Science Foundation STTR Phase II Grant


Tech Rage IT’s CEO Inspires Students during UCF TRIO PRIME STEM Program


New UCF Eustis incubator reveals lease options, amenities for potential tenants, more


Central Florida Tech Grove Co-Founder talks Innovation and Tech


Amazon is investing $120M in Central Florida project — but it's not tied to e-commerce


RARE SPECIES: An AI company may be Central Florida’s next tech unicorn


FlowIntell welcomed as Rally Summer 23 Fellow


Tech Rage IT Named to 2023 Channel Futures NextGen 101 List


UCFBIP Hiring for Site Manager in Eustis



USEncryption Selected for MassChallenge’s 2023 Early-Stage Cohorts


Enroll in Leadership Orlando Class 105 by August 23, 2023


The Fire Awards: Here are Orlando Inno's 2023 winners


2023 Fire Awards Blazer winner: Capacitech Energy Inc. created a power cord that stores energy


See how Orlando augmented-reality firm Red 6 will use $70M in Series B funding

Upcoming Events

August

09

SBA Workshop: Small Business Programs

This presentation provides an understanding of the various certifications impacted by SBA; will discuss eligibility criteria and the application process. To aid your business to make effective connections with the government your business should obtain the proper certifications, if able to do so. SBA small business certifications document a special capability or status that will help your small business compete in the federal marketplace. Certifying your small business concern can help you successfully compete for government contracts.


August

10

Marketing Basics

A webinar providing an overview of the marketing process for small business, as well as a close look at all elements of a marketing plan. Marketing is the driver of revenue growth and an imperative for small business success. Topics include the traditional four “P’s” of marketing – Product, Place, Promotion, and Price – as well as three new “P’s” with special application to small businesses – Positioning, People, and Planning. Register at GoToWebinar.


August

11,18,25

3-Day Business Model Canvas Bootcamp

1) Create your business model canvas by understanding your customer profile

2) Design and develop a plan to create your prototype

3) Test your idea, ask for feedback and bring it all together

4) Evolve your business model, create alignment, and improve relentlessly


August

14-16

FLORIDA’S WOMEN IN ENERGY LEADERSHIP FORUM

Register for a three-day event that will include c-suite level keynote speakers and panelists discussing the industry’s commitment to infrastructure investment, employees, and customers. Working with you, we are committed to using Florida’s Women in Energy Leadership Forum to inform, inspire, and motivate.


August

16

One Million Cups

1MC takes place every Wednesday morning.

Sign up to talk about your business and share your accomplishments with the community!


August

21

Orlandopreneur Monthly Happy Hour

If you consider yourself a member of Orlando’s thriving startup/entrepreneurial community (or want to join it), this event is for YOU! Meet and network with fellow entrepreneurs, mentors, and investors at our monthly networking Happy Hour events! You might even learn something.


August

24

tenX tech

The Orlando Tech Community proudly invites you to join in for a night showcasing some of the amazing tech innovations our great city has to offer! Meet the community leaders responsible for spearheading the cutting-edge tech scene of central Florida. Featuring Downtown Orlando Partnership, Full Sail University, SIM Central Florida and Women in Tech & Entrepreneurship, this tenX tech is open to OTC members and all interested in the exciting innovations coming to Orlando. From free drinks at local bars on Wall Street to the amazing local organizations sharing their innovations, you will not want to miss this night of partnerships with the region's brightest tech organizations.


August

29

Access to Capital

Securing a small business loan can be challenging. During this seminar, we’ll walk you through the steps of preparing a loan application package for a conventional and/or SBA business loan (including important information on what types of documents you will need, such as a business plan and forecasted cash flow). We will also discuss how loan underwriters evaluate and approach making decisions on loan requests, and you'll come away knowledgeable as to whether you're ready to apply for financing right now - and what steps you may need to take to help yourself get approved.


September

06

Business Ethics 2023

On the first Wednesday of every month, we will explore how Stoicism can help in setting business goals and managing growth. This course is focused on Navigating Supply Chain Ethics. This series is designed for business CEOs, managers, and entrepreneurs in Central Florida. The goal is to focus on stoic leadership.


October

10

Quick Pitch Night

This event is hosted as a pre-event for Startup Weekend Orlando.

Questions about Startup Weekend Orlando or interested in getting signed up? Head to StartupWeekendOrlando.com! Dinner and networking will kick off at 6 pm followed by 3-4 pitches from real Orlando startup hopefuls. Judges hail from investor and startup backgrounds, with real-life experience and the expertise to give you the best chance at preparing to pitch in the future! A low-pressure environment with high-value feedback.



October

17-19

MetaCenter Global Week

Synapse Orlando and Immerse Global Summit are joining forces to showcase the best tech in the world beside the best innovators of Central Florida, all in one electrifying 3-day event: MetaCenter Global Week. This ground-breaking partnership will bring together global and regional leaders as we celebrate, discover, and engage with the bleeding edge of innovation in XR/AR/VR, AI, Gaming, Fintech, Space, Simulation, Metaverse & Blockchain, DefenseTech, HealthTech, Sustainability, Sports & Entertainment, Smart Cities and much more.


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Is the BIP for you?

Our award-winning program provides business development and operational support to early-stage technology and innovation-driven businesses throughout Central Florida. We offer three programs that are each designed to help businesses at different stages.


Click here to see if our Traction, Growth, or Soft Landing Program is a good fit for you!

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