University of Central Florida Business Incubation Program plans to open Sanford Business Incubator

University of Central Florida Business Incubation Program plans to open Sanford Business Incubator

ORLANDO, Fla. - The University of Central Florida Business Incubation Program plans to open the UCF/Sanford Business Incubator at 110 W. First St. in Sanford.

Dr. Tom O’Neal, founder and executive director of the UCF Business Incubation Program, said the UCF/Sanford Business Incubator will focus on small business enterprises that exhibit the most potential for growth and development.

“Business incubation helps entrepreneurs start and grow small business enterprises efficiently and effectively,” O’Neal said. “Development of small business enterprises is a decidedly more efficient strategy to improve the local economy, and the benefits are widespread and long-lasting,” he explained.

“Our job is to help businesses create jobs,” O’Neal said.

For more information about this release contact:
Dr. Tom O’Neal, Executive Director, UCF Business Incubation Program, 407 882-1120, oneal@mail.ucf.edu

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com

About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, the City of Orlando, Orange County, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.