Wednesday, October 5, 2022

Legal and Finance

Two Critical Areas of Your Business You Are Probably Not Paying Enough Attention To

When you look at the make-up and expertise of founders and initial entrepreneurial teams, they tend to come from technical, operations, or business development backgrounds. All necessary expertises to turn an idea into a scalable business. However, two other critical areas of expertise, finance and legal, generally get short shrift. A CFO or financial leader is often the last member of the “C” Suite to be filled. Given the limitation of capital and the nature of early-stage enterprises, none of the above is surprising. However, entrepreneurs ignore this expertise at their own peril, both in terms of their ability to successfully get out of the blocks and to scale to the next stage.

Congratulations to UCF BIP Client iSportz for winning a $25,000 investment from Starter Studio!

On October 10, StarterStudio hosted a Demo Day Pitch for the five companies that recently completed its Seed Stage program. One founder from each company gave a quick pitch about their businesses, followed by questions from a panel of judges, and the audience. iSportz can help you make the most of technology to create exceptional experiences for your players, coaches, and administrators. iSportz strives to build a platform for every sport and athlete in the world with an open-source platform model. The company intends to become the first Sports SAAS Product corporation by developing both B2B and B2C solutions to expand and serve the entire sports ecosystem, including under-served communities, with products that delight its customers.

Now Hiring

Escalate Life Sciences is hiring for a Medial Laboratory Technologist and a Analytical Chemist

In the News

UCF VAR Lab seeking participants for Virtual Reality Research Study

Florida startups at Volusia County incubator share goals for expansion, new products

These early-stage startups will compete for a share of $100,000 at Florida Venture Forum conference

Hatalom Corp. completes acquisition of Eagle 6 Technical Services

Starter Studio Announcing Fall 2022 Idea Stage Accelerator Program to Start November 2

Upcoming Events

October

Orlando Inno Networking

Join Orlando Inno for an evening of Networking at the Orlando Economic Partnership brand new office space!

October

UCF WEALTH Symposium at Lake Nona

Join the first annual UCF WEALTH symposium to showcase Wellness, Education, AI, and Lifestyle Technology in Health (WEALTH) innovations being developed in the budding Lake Nona Medical City.

October

One Million Cups

1MC takes place every Wednesday morning at our Orlando Incubator.

October

Synapse

Come and see us at Synapse Orlando!

November

Orlando Fintech Meetup

Join other entrepreneurs, developers and professionals in Central Florida who are creating the next generation of banking and financial services. In person meetings are hosted every month at the UCF Business Incubator in downtown Orlando to learn, share, debate and celebrate all things FinTech. Whether you're launching a startup, work in the biz, or just want to learn and build your network; everybody is welcome at the Orlando FinTech.

Missed last week's newsletter? Click here to catch up

Apply to the UCF Business Incubation Program

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!