Tuesday, July 12, 2011

Lee County Engineering Firm Selected to Participate in State’s “GrowFL” Economic Gardening Institute

BONITA SPRINGS, Fla., - Waldrop Engineering P.A. – a Bonita Springs-based multi-disciplinary development consulting firm – has been selected to receive free technical assistance through the state-funded GrowFL program.

Part of the Florida Economic Gardening Institute, GrowFL was created in 2009 by the Florida Legislature and is based at the University of Central Florida in Orlando, according to Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute.

“Waldrop Engineering was selected not only because of its strong leadership, but the many services it is able to provide for its clients,” said Dr. O’Neal, who also is associate vice president for the University of Central Florida’s Office of Research and Commercialization.

Founder and company President Ronald D. Waldrop said Waldrop Engineering is a full-service development consulting firm that specializes in civil engineering, landscape architecture and planning. The 11-year-old company has 13 employees who work from offices in Bonita Springs and Tampa.

The free assistance provided by GrowFL will support Waldrop Engineering through a number of services, including access to market research and technology, strategy analysis, CEO roundtables and forums, database research and website optimization.

“This affiliation gives us an opportunity to improve the visibility of our services and enhance our marketing strategies, while improving our ability to target new opportunities for growth,” Waldrop said.

About Waldrop Engineering:
Waldrop Engineering P.A. is a full-service development consulting firm that specializes in civil engineering, landscape architecture and planning. Headquartered in Bonita Springs with a branch office in Tampa, the Waldrop team offers multi-disciplinary expertise founded on exceptional customer service, quality design, and a commitment to clients’ success. For details, visit www.waldropengineering.com.

About the Florida Economic Gardening Institute:
The Florida Economic Gardening Institute was created by the 2009 Florida Legislature as the Economic Gardening Technical Assistance Program to stimulate investment in Florida’s economy by providing technical assistance for expanding businesses in the state. Qualified companies must be engaged in the following sectors to receive no-cost technical assistance: Manufacturing; Finance & Insurance Services; Wholesale Trade; Information Industries; Professional, Scientific & Technical Services; Management Services; and, Administrative & Support Services. Additional information is available at www.GrowFL.com.

Mercantile Capital Corporation closes 24 loans during First Half of 2011 to Finance Projects Valued at More than $69.1 Million

ALTAMONTE SPRINGS, Fla. --- Mercantile Capital Corporation, one of the nation’s largest providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported it closed 24 commercial loans from Jan. 1 through June 30 to finance projects valued at a total of more than $69.1 million.

Their largest loan, year to date, was for a healthcare management facility in Houston, Texas, worth more than $8.3 million in total project costs.

Christopher G. Hurn, chief executive officer of Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, said these loans helped small businesses in nine states create 381 jobs.

Mercantile has now closed loans in 32 states, Puerto Rico, and the District of Columbia for over $644.1 million in total project costs since it began eight years ago.

Allogy Interactive Pioneers Sustainable mLearning Program at International Leadership University in Nairobi, Kenya

Orlando, Fla. --- Allogy Interactive, which develops robust delivery systems for digital goods and services through software platforms for mobile devices recently launched a pioneering mLearning system at the International Leadership University in Nairobi, Kenya.

Colin Forward, communications director for Allogy Interactive, said Allogy’s program enables colleges and universities to provide complete courses that are downloadable to mobile devices and allow students to access the resources.

“In effect, we can offer an entire university’s course catalogue, downloadable to mobile devices, to be studied and interacted with on the student’s schedule, and make it cost-accountable,” Forward explained.

Allogy Interactive launched a pilot program at International Leadership University last year and the preliminary results were impressive. Every one of the 34 mLearning students successfully completed their course work. Only 60 percent of a control group of 23 students who attended classes at the university successfully completed the course work, Forward said.

Allogy Interactive launched a second pilot earlier this year that included more features.

“We are able to offer an entire course and the students may download each component as they need it,” Forward said.

“In addition, the students and university instructors can interact with each other using their mobile devices just as if they were in a classroom together,” Forward said.

Students especially appreciated instant feedback on quizzes and tests, Forward said.

“We now have the technology to offer an entire university study program over a mobile device,” Forward said. “That means no more ‘late for class,’ no more lost notes, and the dog will never eat a student’s homework,” Forward said.

Allogy Interactive is a client of the UCF Business Incubation Program in the Central Florida Research Park in East Orlando.

About Allogy Interactive:
Allogy Interactive, a leading developer of mobile applications for education, healthcare, business, and social enterprises, connects people to promote learning, opportunity, and economic growth by understanding the relationships, creating intuitive interfaces and using data to promote the transparency and accountability necessary for achievement.

About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including more than 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business 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, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. Please visit www.incubator.ucf.edu.