抖M女仆 Tech Runway庐 Debuts 2018 Economic Impact Report
抖M女仆鈥檚听Tech Runway庐 听has released the results of its fourth annual economic impact report. The report provides cumulative performance metrics for 72 Tech Runway-affiliated companies since fall 2014.
抖M女仆 Tech Runway庐听is a public-private partnership formed to foster early-stage technology companies under the purview of .听抖M女仆 Tech Runway庐听partners with the , the , the , the 抖M女仆 Wave, and the .
鈥淲hat began as a startup itself, 抖M女仆 Tech Runway庐听has flourished over the last four years into an entrepreneurial hub for the South Florida technology community,鈥 said听Daniel Flynn, Ph.D., vice president for research at 抖M女仆. 鈥淚t鈥檚 had such a positive impact on the university鈥檚 research initiatives.鈥
It also has provided financial support, entrepreneurial education, free workspace, investor introductions, expert mentoring, marketing assistance, student interns, and a close-knit entrepreneurial community for 72 early-stage companies since its launch.听
In four years, 351 jobs and 165 internships have been created; 79 抖M女仆 students have been employed; more than $64 million in revenue has been earned; and more than $63 million in investment capital has been raised.
听鈥淭he breathtaking success of our entrepreneurs over the past four years can be attributed to the combination of university resources matched with robust capabilities of our community partners,鈥 said听, associate vice president and managing director of 抖M女仆 Tech Runway庐. 鈥淭hrough its long-term commitment of financial support, world-class facilities, and expert staff, 抖M女仆 has built a tech business incubator and accelerator program worthy of national distinction.听听The support and commitment of 抖M女仆 Tech Runway鈥檚 community partners 鈥 donors, mentors, advisory board members, instructors, and event partners 鈥 has empowered our entrepreneurial support program to reach heights we couldn鈥檛 have imagined.鈥
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Launch Competition Applications Now Being Accepted
Applications for this year鈥檚听听are now being accepted through Friday, March 15. The 21 winners will then participate in the Venture Class Program, which brings together 鈥渂est-in-class鈥 instruction, mentoring, resources, networks, assistance, introductions, and programs for these Launch Competition winners.听
This year, the top seven companies from a total of 21 winners selected for this year鈥檚 Venture Class will each receive $15,000 in funding. Perhaps of greater value than funding is the opportunity to be housed, trained, and mentored for one year by highly-vetted, MIT program-trained mentors, instructors and staff, all of whom are dedicated to the entrepreneurs鈥 success and provided at no cost.听
For more information on 抖M女仆 Tech Runway庐, visit听techrunway.fau.edu.
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Tags: research | technology | community