Leesburg’s UCF Business Incubator to Host Open House Tuesday, Feb. 23 from 4 to 6 P.M.

LEESBURG - The UCF Business Incubator-Leesburg will host an open house on Tuesday, Feb. 23 from 4 to 6 p.m. at the program’s headquarters facility at 600 Market St. in Leesburg.

Incubator site manager James Spencer said six client companies have already joined the Business Incubation Program in Leesburg and the facility currently can accommodate seven client companies.

The UCF Business Incubator-Leesburg houses the UCF Business Incubation Program as well as UCF’s Small Business Development Center. It is a joint project of the University of Central Florida in Orlando, the City of Leesburg and Lake County, Spencer said.

The Leesburg Business Incubator provides technical assistance and office space to help promising new enterprises accelerate their growth, Spencer explained.

“Our job is to help grow local businesses to create more local employment and improve the local economy,” Spencer said.

The University of Central Florida Incubation Program, which opened 10 years ago, ranks as one of the most successful incubation programs in the U.S.

For more information about this release, please contact:
James Spencer, Site Manager, UCF Business Incubator-Leesburg, 352-315-1846, jspencer@mail.ucf.edu; Gordon Hogan, Director of Operations, UCF Business Incubation Program, 407-882-1157; ghogan@mail.ucf.edu

About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With seven facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/

Cuhaci & Peterson Architects Awarded Contract to Design 13,000 Square Foot Banyan Cove Retail Center in Leesburg, Va.

Cuhaci & Peterson Architects Awarded Contract to Design 13,000 Square Foot Banyan Cove Retail Center in Leesburg, Va.

ORLANDO, Fla. - Cuhaci & Peterson Architects, based in Orlando’s Baldwin Park, was recently awarded a contract to design the Banyan Cove retail center in Leesburg, Va.

Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC said Urban Scope of Maitland is developing the 13,000 square foot center off Edwards Ferry Rd. and Heritage Way.

For more information, contact:
Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100

Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

UCF Business Incubation Program to Expand to Leesburg, St. Cloud

UCF Business Incubation Program to Expand to Leesburg, St. Cloud

ORLANDO, Fla. - The University of Central Florida Business Incubation Program, which currently serves more than 70 full-time clients in five Central Florida facilities, plans to expand to include programs in Leesburg and St. Cloud.

Dr. Tom O’Neal, associate vice president for the University’s Department of Research & Commercialization and executive director of the UCF Business Incubation Program, said he expects to open operations in St. Cloud and Leesburg by next spring.

Currently, the UCF Business Incubation Program operates two facilities near the University of Central Florida campus in Research Park, and three more – on Orange Ave. in downtown Orlando, in east Orlando on East Colonial and in Winter Springs at S.R. 434 and the 417.

“Effective incubation programs have proved to be the most cost efficient ways to stimulate local economic growth,” O’Neal explained.

O’Neal, who founded the UCF Business Incubation Program and ranks as one of the leading U.S. experts on business incubators, said successful incubation programs offer several common characteristics including: stable, sustainable program funding; a strong market position; entrepreneurial management; affiliation with a major research institution; a blue-ribbon board of directors or advisors; the ability to attract quality client companies; a strong client screening process; measurable goals and objectives; strong value-added services; and access to investment capital and community partnerships.

For more information contact:

Tom O’Neal. Ph.D, UCF Associate Vice President for Research and Commercialization and Incubation Program Executive Director, 407-882-1120, oneal@mail.ucf.edu

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

About the UCF Incubation Program:
Since its founding in 1999, the UCF Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 900 new jobs with an average salary of $59,000. With five facilities across the metro Orlando community, the Incubation Program is a collaboration in economic development between UCF, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.