South Florida Tech HubSouth Florida Tech Hub
18
Mar, 2024

By Nikki Cabus

FIRST Robotics Competition South Florida Regional awards multiple teams with honors & on to World Championship

Read Time 7 Minutes

The FIRST® Robotics Competition South Florida Regional awarded several teams with honors that rewarded design excellence, competitive play, sportsmanship, and high impact partnerships between schools, businesses, and communities.

Combining the excitement of sport with the rigors of STEM, FIRST® Robotics Competition (ages 14-18) teams use sophisticated technology to build and program industrial-sized robots to play an action-packed, alliance-based game on a themed field. With professional mentors and sponsors, students learn engineering and problem-solving skills that they can apply to real-world situations today and in the future. Using Gracious Professionalism, each team creates a team identity, raises funds to meet its goals, and works to promote STEM in their community.

Attended by thousands of fans, families, educators and industry leaders, the regional competition was held at the Broward County Convention Center on March 1st & 2nd. Forty high school teams competed to earn a spot at the FIRST® Championship, to be held April 17-20 at the George R. Brown Convention Center in Houston, Texas.

With the hope of winning one of the several coveted awards, high school students worked with professional mentors to design and build a robot over a six-week period that solved a problem using a Kit of Parts and a standard set of rules.

“Each team clearly demonstrated teamwork, professionalism, and strategic thinking in solving the competition’s challenges,” said Sandra Contreras, Regional Director, FIRST ®  South Florida.

“Students, school groups, community members, and professional team mentors filled the stands and helped to bring a level of fun and excitement to the competition. With the sustained support of the South Florida community, this robotics competition will continue to grow and inspire students to study math, science, and engineering.”

“It’s safe to say the South Florida Regional has been upgraded to the status of LEGENDARY because we had 5-game finals (normally 2)!”

Among the many highlights of the competition, the winners of the coveted ‘Impact Award’ were the SigmaC@ts from Dillard High School – Team 108 (cover photo). They have won the wonderful opportunity to go to the World Championshipin Houston, Texas, but now need the community’s help to them get the funds to travel.

The FIRST Impact Award (formerly the Chairman’s Award) is the most prestigious award at FIRST, it honors the team that best represents a model for other teams to emulate and best embodies the mission of FIRST. It was created to keep the central focus of FIRST Robotics Competition on the ultimate goal of transforming the culture in ways that will inspire greater levels of respect and honor for science and technology, as well as encouraging more of today’s youth to become science and technology leaders.

The SimgaC@T robotics team was founded in 1995 at Dillard High School in Fort Lauderdale, Florida, to compete in the FIRST Robotics Competition. As the oldest consecutively running FRC team in Florida, the SigmaC@T Robotics Team has a rich history built on community, equity, and diversity.

CRESCENDOSM presented by Haas is part of the 2024 FIRST IN SHOWSM presented by Qualcomm season. In CRESCENDO, teams are encouraged to see all that is possible when combining their creative ideas and innovations with engineering and design. Through collaboration and communication, the FIRST robotics community around the world will celebrate the role that the arts play in STEAM (science, technology, engineering, arts, and math). Our skills make it possible to create art and experiences that bring us together, entertain us, and move us.

FIRST has a proven impact to significantly improve students’ attitudes towards math, science, and teamwork.

With approximately 40 registered teams from across the county and even some international team, 25 were from South Florida and the Treasure Coast ranging from Miami to Stuart and over to Naples, Florida, there was quite the competition to be had. Ashton Adler, South Florida Tech Hub’s Director of Talnt Engagement, stopped to take photos with some of the local teams including Miami Coral Park Senior High (pictured here) who took home the “Innovation in Control Award.”

Another one of those teams was, S.P.A.M. from Stuart, Florida, who were the Regional Winners (Championship Qualifying Award) and took home the “Quality Award.” The team was sponsored by Florida Power & Light (FPL), one of the competition’s largest supporters each year. This year is FPL’s 12th year as a sponsor and mentor organization.

Zach Dean, the team’s mechanical lead, credits team mentor Elizabeth “Lily” Pawlak for expanding his machine skills and teaching him how to use the power tools and industrial machinery it takes to build the robots. Twelve years ago, Pawlak was a machinist for S.P.A.M. too, participating in the same competitions her mentees are in now and crafting robot parts from scratch. Today, she’s an equipment reliability engineer supporting Florida Power & Light Company’s (FPL) nuclear fleet.

“I wanted to come back and be a mentor because I want to show them that it’s not just a fun thing to do in high school, that it really can be an opportunity for your future,” Pawlak said. “I’ve taught them basic skills like how to use a tape measure to more advanced skills like how to use a mill, a lathe and Computer Numerical Control machining.”

One of the main benefits of STEM education is helping students develop critical thinking and problem-solving skills, which they can apply beyond the classroom. It also equips them to succeed in a rapidly changing world driven by technology and innovation.

Pawlak said robotics geared her toward engineering. It also helped her start a career at FPL. 

“I met a lot of incredible people back then, professionals who volunteered their time at these competitions, and I maintained those connections throughout college,” she said. “These connections really make a difference for the children involved. It shows them companies care, that companies are interested in them and that they have a future if they ever want to look forward to career opportunities with them.”

South Florida Tech Hub Board Member, CEO of eSilo, and FIRST judge, Cathy Miron, told Tech Hub, “I was reminded once again why I am passionate about supporting FIRST. This organization not only fosters a love for science, technology and engineering among young minds, but also cultivates essential skills like teamwork, leadership (what FIRST calls Gracious Professionalism), and problem-solving. My involvement with FIRST, which spans three years, has been a journey filled with inspiration and learning.”

Cathy continued reminiscing on this year’s competition, “This year, something that particularly stood out to me were the countless examples of cross-team mentorship that I heard and observed. These are teams who are competing against one another for an opportunity to go to the World Championships in April and represent their schools and communities, and yet I watched kids go out of their way to help their competitors by sharing tools and spare parts, or troubleshooting another team’s robot, or helping fix a bug in their code in between matches.”

“These kids exemplified what FIRST is all about: pushing boundaries, embracing challenges, and working collaboratively to achieve something truly remarkable. Their dedication and spirit were a true highlight of the weekend, and a reminder of the incredible impact FIRST has in shaping our next generation of innovators and leaders.”

Winners of the FIRST Robotics Competition 2024 South Florida Regional Awards include :

  • Regional FIRST Impact Award (Championship Qualifying Award) – 108 SigmaC@T Robotics Team – Dillard High School
  • Regional Engineering Inspiration Award (Championship Qualifying Award) – 3627 The Jungle Robotics – Pine View School
  • FIRST Dean’s List Finalist Award – 3390 Can O- ANATOLIAN EAGLEBOTS
  • FIRST Dean’s List Finalist Award – 5472 Derin A – The Wyld Stallyns
  • Regional Winners (Championship Qualifying Award) – 179 Children of the Swamp – Inlet Grove Community High School
  • Regional Winners (Championship Qualifying Award) – 180 S.P.A.M. – Martin County District High Schools
  • Regional Winners – 744 Shark Attack – Westminster Academy
  • Regional Finalists – 2383 Ninjineers – American Heritage
  • Regional Finalists – 5557 BB-R8ERS – Gulliver Preparatory School
  • Regional Finalists – 8817 Buccaneer Robotics – South Dade Senior High School
  • Woodie Flowers Finalist Award – 3627 Andrew Wormington – The Jungle Robotics
  • Industrial Design Award sponsored by General Motors – 5557 BB-R8ERS – Gulliver Preparatory School
  • Judges’ Award – 8861 – 06ANGORA – Ambassade de France en Turquie- Lycée Français Charles de Gaulle – Ankara
  • Rookie All Star Award – 9404 Forge – Family/Community
  • Rookie Inspiration Award – 9779 Gladiator Robotics – Hialeah Gardens Sr High School
  • Team Sustainability Award sponsored by Dow – 6317 Disruptive Innovation – West High School
  • Team Spirit Award – 6743 Tiger Engineering – Dunbar High School
  • Excellence in Engineering Award – 179 Children of the Swamp – Inlet Grove Community High School
  • Gracious Professionalism Award – 694 StuyPulse – Stuyvesant High School
  • Creativity Award sponsored by Rockwell Automation – 1744 Robo-Rays Robotics – Seacrest Country Day School
  • Quality Award – 180 S.P.A.M. – Martin County District High Schools
  • Innovation in Control Award – 59 RamTech – Miami Coral Park Sr High School
  • Autonomous Award – 4458 Infernobotix – Center Moriches High School
  • Imagery Award in honor of Jack Kamen – 1523 MARS (Mega Awesome Robotic Systems) – William T Dwyer High School & Palm Beach Gardens Community HS & Jupiter Community High School
  • Volunteer of the Year – Bill Landin – Lead Robot Inspector
  • Volunteer of the Year – Mark Hamilton – Alumni
  • Volunteer of the Year – Robert Cherinka – Judge

 

Learn more at www.firstinspires.org.

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18
Mar, 2024

By Nikki Cabus

Florida Atlantic’s Tech Runway announced its 13th cohort companies

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FAU Tech Runway® recently accepted 13 companies to participate in the 13th cohort of its Venture Program.

The Venture Program provides the most promising startups and talented entrepreneurs in South Florida with an opportunity to join a year-long program that offers resources from FAU’s Innovation and Business Development pipeline, entrepreneurial instruction, structured team-based mentoring, networking, marketing and capital-raising assistance, co-working space, events, intern support and other vital programs.

Companies accepted into the Venture Program must have strategic alignment with FAU’s research focus areas, including drone technologies; educational technologies; environmental science; marine science; ocean engineering; neuroscience; healthy aging; big data analytics; artificial intelligence; machine learning; cyber security; sensing; and smart systems.

The 13 companies in Venture Class 13 are:

  • Alumni Direct, LLC removes the noise from other networking platforms by bringing members into one centralized location. Alumni Direct makes it easy to network and connect in communities dedicated to a university, sport, Greek organization or business.
  • BiDR TV LLC represents a groundbreaking venture in the realm of e-commerce, seamlessly merging online and traditional retail experiences to redefine the consumer shopping journey with a laser focus on enhancing user satisfaction, safety and engagement.
  • BookMark’d is an AI college assistance platform that helps college students on campus find affordable college materials, academic advising for navigating course selection, and access to receive 24/7 AI tutoring for their exact course code.
  • ByeUni LLC is a website and app that is a cross between LinkedIn and crowdfunding. It allows college students and college-bound students to post and communicate with followers and to collect money/donations from them.
  • Digiagee is a digital agency via a smartphone that enables users to reach the right people with the right message in five minutes. It is custom ad alchemy and is AI/ML powered.
  • GrowFrom Inc. is the world’s first free platform for personal growth and development. On GrowFrom users can store goals and get useful tools to help stay focused on them throughout the week.
  • Hello Sunshine LLC: Take on Trades is building the new generation of trade workers through a new method of engaging trade companies with the young people who will comprise its future workforce.
  • Neurodiverse Educational Testing (N.E.T.) offers advanced AI-driven assessments for neurodiversity, facilitating early diagnosis and tailored support for children. N.E.T. enhances 504 education plans, empowering families and educators to address the unique needs of neurodiverse students.
  • Property Vue Media, LLC provides site documentation and management solutions using digital twin technology for the construction and utility sectors.
  • SDB_Automate provides software services that revolutionize ocean depth determination and navigation using satellite images and AI technology to enhance safety in navigation, support sustainable fishing practices, and improve water tourism.
  • Shorts IQ, Inc. is a short videos machine that customizes storytelling templates from performing videos based on brand and necessities.
  • Stone Pine Marketing and Productions LLC is a marketing agency with an in-house video production team. It tailors services specifically for the needs of nonprofits and offers discounted, affordable rates for these organizations.
  • Vektor Freight LLC is a logistics company that provides airline-like speed at the cost of ground transport. Through its network of relay points, combined with AI, it achieves “continuous flow trucking” that cuts truckload delivery times up to 50 percent.

Venture Class 13 participants join a robust community of fellow entrepreneurs, mentors, investors, instructors and top-level support professionals.

FAU Tech Runway® is a public-private partnership formed to incubate and accelerate early-stage technology-based companies, under the purview of FAU’s Division of Research . Applications for the next cycle of the Venture Program are now currently being accepted.

For more information on FAU Tech Runway®, visit techrunway.fau.edu.

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18
Mar, 2024

By Nikki Cabus

Betr announces $15 million in strategic equity funding at $375 million valuation

Read Time 4 Minutes

Betr Holdings, Inc. (“Betr”) announced it has closed $15 million in strategic equity financing from a premier group of investors at a $375 million valuation, bringing its total funding to date to $100 million.

Founded in 2022 by Joey Levy and Jake Paul, Betr is a leading sports gaming and sports media company focused on enhancing the consumption of sports through entertainment. Betr’s gaming products are differentiated through a unique product experience with a simplified user interface that is catered to the casual sports fan, enabling Betr to capture more of the underpenetrated online gaming addressable market.

The round was co-led by Harmony Partners and 10x Capital, with participation from the company’s three largest existing investors: Fuel Venture Capital, Aliya Capital Partners, and Roger Ehrenberg/Eberg Capital, alongside others. This round of financing comes off a highly successful 2023 for Betr, where the company reached a significant level of scale – both with respect to paying users and revenue – while doing so efficiently and profitably.

Betr recently announced market access expansion plans for its Online Sportsbook product, having secured market access in Pennsylvania, Ohio, Virginia, Indiana, Colorado, and Kentucky, as well as the upcoming launch of its Casino product (pending regulatory approval), with the company also securing iGaming market access in Pennsylvania. Betr has also officially received its temporary Indiana sports wagering license from the Indiana Gaming Commission in recent weeks.

Betr also recently announced that it has fortified its senior leadership team, hiring Dan Maas as Head of Media Revenue, Partnerships, and Strategy and hiring Andrew Winchell as Head of Government Affairs. Dan joins Betr from Wave Sports & Entertainment, where he worked his way up from VP of Partnerships to EVP of Commercial and oversaw the development and monetization of highly successful premium franchises, including New Heights with Travis and Jason Kelce and Podcast P with Paul George, in addition to leading the monetization of their successful original short form video focused social media content strategy, which are both highly synergistic to the core pillars of Betr Media.

Dan will lead monetization efforts for Betr Media, positioning Betr’s media arm to become a large bona fide revenue-generating business – in addition to the primary benefit Betr Media serves, which is to create unfair customer acquisition economics for Betr Gaming. Andrew joins Betr from FanDuel, where he served as their Directory of Regulatory Affairs. Andrew brings a breadth of experience working closely with state regulators and political leaders on key issues pertaining to sports gaming and will meaningfully strengthen Betr’s internal government and regulatory affairs capabilities as the company scales in size and launches in new jurisdictions.

“We are thrilled to announce our strategic equity financing, new members of our senior leadership team, and the approval of our temporary Indiana sports wagering license,” said Joey Levy, Founder and CEO of Betr.

“Jake (Paul) and I co-founded Betr just over two years ago, so raising capital from leading growth stage investors at a $375 million valuation in the very early days of our business is a testament to the performance of the team and business to date, and the potential we have to build a category defining business with Betr. Finally, I want to thank the Indiana Gaming Commission for the honor and privilege of a sports wagering license in the Hoosier state. We are excited to launch our new V1 Sportsbook product in Indiana over the coming months, while bringing our best-in-class responsible gaming standards to the state.”

Harmony Partners is a leading growth investor funding breakout emerging companies led by Mark Lotke, who led the software group at FTV Capital, led the pre-IPO group at Internet Capital Group, and prior to that was at General Atlantic. 10X Capital is a prolific venture capital firm led by co-founders Hans Thomas and David Weisburd having invested in companies including 23andMe, Palantir, Robinhood, and Udemy. 10X Capital was a significant investor in DraftKings going back to July 2018.

“We believe that Betr has the product, management and market opportunity that we saw in DraftKings in its early days with a significantly larger TAM and room for growth today,” said David Weisburd, Co-Founder and Head of Venture Capital at 10x Capital.

To learn more about Betr, visit www.betr.app

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18
Mar, 2024

By Nikki Cabus

Broward College iSTEM Center Opens its Doors to Faculty at Professional Development Day

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Earlier this month Broward College introduced faculty and staff to the brand new iSTEM Center during their annual Professional Development Day.

A cutting-edge mobile technology center equipped with state-of-the-art software, hardware, and tools, the iSTEM Mobile’s debut marks a significant milestone in Broward College’s commitment to advancing STEM education. Designed to ignite students’ interest in careers in science, technology, engineering, and mathematics (STEM), the iSTEM Center provides an immersive, hands-on experience in robotics, coding, autonomous vehicles, and more.

Broward College’s “Accelerating College Completion by Engaging Students in STEM” (ACCESS) Project Grant through Title III addresses the academic and support services needs of Hispanics and underrepresented population and the growing need of employers in the region and needs of the students to improve completion and transfer rates in the Information Technology field of study.

The five-year, $5 Million grant was funded through the U.S. Department of Education’s Title III Hispanic Serving Institutions (HSI) STEM and Articulation program. The goal of this grant is to increase enrollment of full-time Hispanic and low-income degree-seeking students in STEM fields; expand integrated student academic and support services for Hispanics & low-income students in IT Career Pathways; increase success and completion of Hispanics and other low-income students in IT Career Pathway programs, and strengthen and develop articulation agreements and activities in IT Career Pathways.

This Spring the iSTEM Center will visit select Broward County public high schools, where students can explore tools that will be available to them in classes offered at Broward College. The mobile unit that will offer experiential learning experiences within Broward UP (Unlimited Potential) communities which have the high rates of unemployment in Broward County.

During the unveiling, faculty members had an exclusive opportunity to discover the mobile bus’s incredible capabilities. Engaging in virtual reality simulations, interacting with robots, and operating autonomous vehicles were just a glimpse of the exciting experiences. The mobile center encourages faculty to explore integrating these technologies into their course designs.

“I’m thrilled to present iSTEM Center to our faculty, as it serves the powerful purpose of enhancing our hands-on learning experiences and providing community members and students with an opportunity to delve into computer science and IT,” said Senior Project Director, Robert Diaz.

“These careers are in high demand, and our continuous aim is to equip students with opportunities, tools, and pathways for successful careers in these industries.”

Funding for the iSTEM Center comes from the U.S. Department of Education HSI STEM & Articulation Program, with additional support from the Employment and Training Administration (ETA) Community Project. Key personnel include Senior Director Robert Diaz, iSTEM Director Dr. Mitzi Fulwood, Apprenticeship Director Dr. Rehana Seepersad, Student Success Coordinator Arthur Rose, and part-time student assistants.

Learn more about Broward College’s STEM programs here.

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17
Mar, 2024

By Nikki Cabus

Office Depot parent company signs new lease through 2033 amongst propsed redevelopment

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The joint venture of PEBB Enterprises and BH Group Miami continues to drive momentum at 6600 North Military Trail in Boca Raton with anchor tenant Office Depot signing a long-term lease agreement extending their headquarters at the property.

Almost one year after acquiring the three-buildings totaling 639,830-square-feet for $104 million in a partial sale-leaseback deal, BH Group and PEBB Enterprises are now joined by Miami-based Related Group. The trio is moving forward with plans for a mixed-use redevelopment at the nearly 29-acre site now called The Offices.

ODP Corporation, Office Depot’s parent company, amendeded the lease ensuring that the company’s global headquarters will remain in Boca Raton at 6600 North Military Trail until at least 2033. Previously leasing space spread out across all three towers, the ODP Corp. will now consolidate its headquarters the single central tower occupying 214,684-square-feet.

The propsed mixed-use redevelopment would replace the south tower with 500 multifamily units overlooking the Old Course Broken Sound golf course. Additionally,  the proposed project includes a 36,700-square-foot luxury gym, four retail and restaurant buildings, and two office buildings. The site already includes a fitness center, a cafeteria, an auditorium, many conference rooms and covered parking.

“Corporate office tenants are quickly catching on to the unique appeal of 6600 North Military Trail,” PEBB Chief Investment Officer Eric Hochman, CCIM said.

“Our extensive capital improvements plan for the property will only increase interest in the available office space. We are thrilled that ODP Corp. will continue to operate its corporate headquarters at the property for the foreseeable future.”

On Feb. 13, BH Group, PEBB and Related received an important city zoning ordinance from the Boca Raton City Council approving the planned mixed-use redevelopment. The partnership expects to complete the site plan city approval process during the fourth quarter of 2024.

In January, the partnership signed another lease for 20,388-square-feet of office space with renewable energy company MN8 Energy, one of the largest renewable energy producers in the United States serving large organizations with solar power generation, storage solutions & EV charging stations. Negotiations have begun for several other office spaces.

“In a changing office sector, tenants want to be in dynamic mixed-use environments,” Isaac Toledano of BH Group said. “We are poised to create a true town center for the area and bring Boca Raton new high-quality residences.”

For office leasing information at 6600 N. Military Trail, reach out to Adam Starr at astarr@pebbent.com, for retail, reach out to Jenny Schuemann: jschuemann@pebbent.com. Rendering by Arcadis.

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17
Mar, 2024

By Nikki Cabus

Hatter Angel Network invests in innovative Miami media company Streann Media AGAIN

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Hatter Angel Network makes its first-ever follow-on investment with media company Streann Media. 

Hatter Angel Network is an investment group started by Stetson alumni and faculty, who provide the financial backing to leverage recommendations from the students. By vetting and pitching companies to the group, students gain real-world experience with investing in emerging companies, primarily ones based in Florida.

In November of 2023, the Hatter Angel Network announced the completion one of its largest investments, providing about $300k in funding for Miami-based multimedia company, Streann Media, recommended by Stetson University entrepreneurship students. Students in the Venture Capital & Angel Investing class researched Streann Media during the Spring 2023 semester and made their final recommendation after connecting with the company through the Florida Venture Forum in February 2023.

Then again just last month, the Hatter Angel Network announced they are investing again in Streann Media for a second time making this their first-ever follow-on investment. The second investment was approximately $100k totally $400,000 to date.

“We are delighted for the opportunity to reinvest in Streann. They are our largest investment to date and have tremendous potential for growth,” said Dan Glunt, co-founder, Hatter Angels.

He continued, “Their leadership team is stellar, their technology offering is pure magic, and the customer experience is unmatched.”

After announcing its groundbreaking technology, TV 3.0, showcasing a new horizon in entertainment services, Streann was recently chosen as a top 50 company in Florida, selected as an Honoree for the 13th Annual GrowFL Florida Companies to Watch, a statewide awards program that identifies companies expected to see significant growth over the next several years.

“The past year has been transformative for Streann Media,” said Streann CEO and Co-founder Gio Punzo.

“We’re not only expanding our capabilities and reach, but also laying the groundwork for the next era of content creation and delivery of digital content, which we call TV 3.0™. TV 3.0™ is our patent-pending disruptive technology for next-generation streaming services that brings together the power of AI, AR and Social Content platforms.”

Aziel AigbogunStreann also announced that Stetson Finance student Aziel Aigbogun will be an active participant on their Board of Directors, serving as an observer. “We’re incredibly grateful to welcome Hatter Angels as a new partner, setting the stage for increased growth and innovation in the future,” Punzo said.

The Hatter Angel Network was conceived in 2019 and now boasts over 25 members. By working with the Stetson alumni, who are accredited investors, students in the entrepreneurial class get hands-on experience with startups during the due diligence process, as well as potentially serving on the startup’s board of directors. In addition, the Hatter Angel Network pledges 50% of profits from successful exits back to Stetson’s School of Business Administration, specifically for further startup investments for the Venture Capital classes of the future.

“The latest investment in Streann Media by the Hatter Angel Network is a great example of how students at Stetson’s Business School get to integrate theory and practice,” said Yiorgos Bakamitsos, PhD, Dean of Stetson’s School of Business Administration.

“By participating in rigorous experiential learning programs, such as the Hatter Angel Network, our students develop valuable skills that prepare them for successful professional careers.”

To learn more about Streann Media, visit www.streann.com

 

 

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17
Mar, 2024

By Nikki Cabus

Adam Elitzur, Tech Hub Intern and 12th grader wins 2023 Congressional App Challenge in Florida’s 25th District

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Adam Elitzur, a South Florida Tech Hub intern and South Florida 12th grader won the 2023 Congressional App Challenge in Florida’s 25th District. 

The Congressional App Challenge is made up of members of the U.S. House of Representatives who host annual district-wide challenges for middle school and high school students, encouraging them to learn to code and inspiring them to pursue careers in computer science. Each challenge is district-specific and the U.S. Representatives publicly recognize the winning teams. Each winning app may be put on display in the U.S. Capitol Building for one year. The Congressional Internet Caucus initiates the annual CAC.

The Congressional App Challenge’s mission is to Inspire, Include and Innovate: inspire students from every corner of the country to explore STEM, coding and computer science through hands-on practice, to actively include and engage students from communities that are traditionally underrepresented in the tech community, and to innovate policymaking by connecting members of Congress to new and emerging technologies through personal interactions with their student constituents.

Songlingo is a fun, free website that helps people learn languages through songs. Songlingo will have you singing your way to fluency in no time! The app allows you to save specific words, songs and even compete against others with its leader board. For the price of a coffee (or or more), you can support this student-built app by making a donation.

The winning app was created by Adam Elitzur, a 12th grader currently enrolled at Posnack School which is a private Jewish day school located in Davie and the premier college preparatory Jewish school in Florida equipping students for success in a complex & interdependent world. Posnack School is a leader in the use of educational technologies to improve learning and engage students and has hosted events such as Hackathons to engage students in STEM-related activities that also support the community.

After moving to Broward with his family, Adam quickly realized the diversity of the South Florida region and the multitude of languages in the region. Over 25% of Broward County’s population speaks spanish and of that group almost 40% of that group speaks limited English. Adam also encountered a kindergarten student while volunteering with a local youth group witnessing how difficult is was for this child to communicate with other children and to make friends. Adam knew he had to learn spanish. He decided to build Songlingo.

Adam quickly gained proficiency in the language allowing him to better communicate with the spanish-speaking community around him. He quickly realized how impactful this technology could be used for those struggling to learn the English language. Removing the language barrier could improve access to healthcare, education, higher paying jobs and a plethora of other resources and opportunities.

“I began spreading the word through language learning social media channels. The site now has over 5,500 language learners across the globe, bridging language and cultural barriers,” Adam stated in an interview for a Congressional App Challenge article.

Debbie Wasserman Schultz, serves as the U.S. representative for Florida’s 25th congressional district, first elected to Congress in 2004. She was in attendance for Songlingo’s pitch and announcement of the first place award stating, “Congrats to this year’s FL-25 Congressional App Challenge winner!”

She continued, “Adam Elitzur’s app, Songlingo, aids language learning through music! I’m so inspired by all the STEM students, parents and teachers who made this year’s challenge a success.”

Adam is also an intern working at South Florida Tech Hub as a contributing writer. He was introduced to the organization when he attended Soflo DevCon 2023, a annual software developers conference, currently being held at Nova Southeastern University’s Davie campus. He attended the conference, attended classes and workshops, and connected with the CEO at the conference offering to write a recap article of the event.

As he awaits responses to a few of the universities he applied for, Adam just received an offer letter from the prestigious Massachusetts Institute of Technology (MIT). We are awaiting to hear what he officially decides!

The 2024 Congressional App Challenge will launch in May of 2024, and eligible students can pre-register for the competition now.

To learn more about Songlingo, visit www.song-lingo.com

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17
Mar, 2024

By Nikki Cabus

Palm Beach County startup TurboDocx announces successful pre-seed funding round

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TurboDocx announced a significant milestone as the company closed its pre-seed funding round, raising $75,000.

The Palm Beach County-based TurboDocx was founded in 2022 and is at the forefront of the digital transformation in document and slide deck creation. By leveraging modular, centralized content and cutting-edge AI technologies, TurboDocx aims to simplify and improve the document creation process for professionals and businesses worldwide.

With a strong focus on user-driven innovation, TurboDocx is dedicated to delivering solutions that empower users with efficiency, creativity, and control over their digital content. TurboDocx let’s you create documents and slide decks in a matter of minutes savings companies valueable time and money.

Thanks to the generous backing of friends, family, and early supporters, the company has successfully raised $75,000 achieving more than a financial milestone, but a strong endorsement of the vision TurboDocx is pursuing and the innovative strides it is making in the field of document automation.

“We are immensely grateful for the support that extends far beyond financial contributions,” expressed Nicolas Fry, CEO of TurboDocx. “This backing is a clear vote of confidence in our mission to transform document and slide deck creation with modular content accelerated by artificial intelligence. It empowers us to move forward with our vision, driving innovation that matters to our users.”

“At TurboDocx, we understand the importance of structure in document creation. Our initial phase focuses on deconstructing your existing documents into modular building blocks,” states Fry. “This lays the foundational ‘knowledge’ necessary for the next steps in our smart document evolution.”

TurboDocx remains steadfast in its focus, channeling this support to further develop its collaboration flows, AI capabilities, and ensuring that the solutions set benchmarks for efficiency, re-usability, and innovation. The company is dedicated to advancing its technology in ways that directly respond to the evolving needs of professionals and businesses alike.

The recent funding will accelerate the company’s efforts to enhance its collaboration toolsets, AI capabilities, refine user experience, and expand its offerings to meet and exceed market expectations. The funding will support focused partner and client need research to understand and address the evolving needs of users, enhanced solutions that set new benchmarks for efficiency, re-usability, and innovation, and go-to-market (GTM) consisting of partner and channel growth with support from TuboDocx investment team and advisors.

TurboDocx’s approach to development is deeply rooted in a commitment to meaningful innovation. “Our partners and clients are the compass that guides our product roadmap. Their feedback and needs inspire our innovation, helping us prioritize features and capabilities that deliver real value,” Fry noted.

To learn more about TurboDocx, please visit www.turbodocx.com

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16
Mar, 2024

By Nikki Cabus

Citi Ventures Backs Capstack Technologies, the First Integrated Bank-to-Bank Loan Marketplace

Read Time 3 Minutes

Miami-based Capstack Technologies has secured a $6 million strategic investment from Citi Ventures, marking a significant milestone in its mission to revolutionize banking technology.

Capstack Technologies is building the first integrated bank-to-bank loan marketplace, enabling cooperation across banks and financial services institutions to increase profitability and mitigate risk through asset diversification. The company, founded by Pipe co-founder Michal Cieplinski, is dedicated to building a sophisticated infrastructure to redefine banking operations, enhance risk management, and deliver cutting-edge solutions for small and medium-sized banks. Capstack Technologies is backed by world-class investors, including Citi Ventures, Fin Capital, Alloy Labs, Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures and Valor Equity Partners.

Amidst a challenging investment climate, this $6 million in funding is a testament to Capstack Technologies’ innovation following their successful $6 million fundraising last summer. This investment coincides with establishing a high-profile advisory board and adding experienced executives from community and regional banks, propelling Capstack Technologies into a new era of growth and market leadership.

“Citi Ventures is committed to investing in companies that have the potential to drive our industry forward,” said Jeff Flynn, Director, Citi Ventures. “Capstack Technologies’ innovative approach could fundamentally change the way smaller banks manage risk and grow their businesses, and ultimately could create opportunities for Citi to engage differently with this sizable segment of the financial services ecosystem.”

Capstack Technologies is leading the way with its “first bank-to-bank marketplace,” promoting transparency, collaboration, and efficiency among small and medium-sized banks. This initiative aligns with the U.S. financial sector’s imperative to reduce concentration risk, as highlighted by such risks in Silicon Valley Bank and other failed banks. Notably, the U.S. was home to 4,123 community and regional banks in 2023, comprising nearly 97% of all banks and collectively overseeing assets valued at $3.4 trillion.

“Securing this strategic investment from Citi Ventures, forming a distinguished advisory board, and welcoming experienced executives from community and regional banks collectively mark a pivotal moment for Capstack Technologies,” stated Michal Cieplinski, CEO of Capstack Technologies. “These milestones validate our vision and accelerate our mission to revolutionize banking technology for the community.”

Formation of the Advisory Board

Capstack Technologies has formed an advisory board comprising industry veterans Trey Maust, Chairman of Lewis & Clark Bancorp, Patrick Kennedy, Executive Chairman of TransPecos Banks and Dub Sutherland of Kennedy Sutherland LLP. These advisors bring a wealth of experience in banking, law, and financial technologies, guiding Capstack Technologies’ strategic direction in the banking sector.

“As a member of the advisory board for Capstack Technologies, I am deeply impressed by the caliber of talent and expertise we have assembled to guide this groundbreaking technology,” expressed Kennedy. “Having the right people involved is crucial in steering such innovative solutions. The experiences and insights our team brings are essential in shaping a technology that has the potential to redefine the banking sector.”

New Executives

Capstack Technologies is also bolstering its leadership team with David McArdle as Head of Banking Relationships and Randy Riffle as Head of Customer & Platform Operations. McArdle, with his extensive experience in banking and fintech, will focus on streamlining processes for C-suite executives in community banks. With his extensive credit and lending background, Riffle will lead the charge in transforming operational efficiencies and focusing on positive customer experiences.

“To contribute to an organization at the forefront of such a transformative movement within the banking sector is inspiring,” said Riffle. “The advent of this technology epitomizes the requirement of all bank sizes to create efficiencies in the participation and whole loan marketplace model.”

“This moment is pivotal for Capstack Technologies, as we’ve successfully secured strategic funding from Citi Ventures, assembled a formidable advisory board, and significantly enhanced our leadership team,” concludes Cieplinski. “These steps are a clear testament to our unwavering commitment to innovation and underscore our growing significance in the current investment climate. We are not just making strides but setting new standards in the banking technology sector.”

To learn more about Capstack Technologies, visit www.capstack.ai

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03
Mar, 2024

By Nikki Cabus

Gary Vaynerchuk is coming to West Palm Beach as keynote for PBSC Foundation STEAM luncheon

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One of the leading global minds on innovation and technology, Gary Vaynerchuk will be coming to West Palm Beach in April!

Gary Vaynerchuk or “GaryVee” as he is known will be the keynote speaker at Palm Beach State College Foundation’s Yvonne S. Boice STEAM Luncheon on Tuesday, April 16th from 11:30 am – 1:30 pm. He will share his insights on how to bring your brand to the forefront with people and technology.

Presented by Bank of America, the event will be held at the beautiful Kravis Center for Performing Arts Cohen Pavilion in West Palm Beach. Other sponsors of the event include South Florida Tech Hub and the Palm Beach Post.

The mission of the Foundation at Palm Beach State College is to seek philanthropic gifts and partnerships to further initiatives and opportunities that transform students’ lives and impact the economic and cultural prosperity of the community.

Today’s Foundation for Palm Beach State is defined by relationships – the ones that bring partners, friends and donors committed to the students they serve and the community we share. The Foundation provides value to the College by expanding awareness of and engagement in Palm Beach State while accepting, stewarding and distributing philanthropic gifts in accordance with donors’ wishes.

After a three-year hiatus from 2021-23 due to the COVID-19 pandemic, the signature event aims to increase scholarships, business partnerships and internship opportunities to support students pursuing science, technology, engineering, arts and mathematics fields.

“GaryVee is a globally respected and admired leader and one of the most forward thinkers in business,” said PBSC President Ava L. Parker, J.D.

“His participation in our STEAM Luncheon will help amplify our initiatives to educate our students in critical STEAM fields and support the STEAM employers in our area.”

Keynote speaker, Gary Vaynerchuk is a serial entrepreneur, prolific angel investor, international social media influencer, and is considered one of the leading global minds on what’s next in culture, relevance and the internet. He is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact consumer behavior. Whether it’s emerging artists, esports, NFT investing, or digital communications, Gary understands how to bring brand relevance to the forefront.

GaryVee is the Chairman of VaynerX, the CEO of VaynerMedia, and the Creator & CEO of VeeFriends. Through VaynerMedia, a full-service advertising agency, he helps Fortune 1000 brands leverage consumer attention. VaynerMedia is part of the VaynerX holding company, including Eva Nosidam Productions, Vayner3, Gallery Media Group, The Sasha Group, VaynerSpeakers, and VaynerCommerce.

GaryVee is also prolific angel investor with early investments in companies such as Facebook, Twitter, Tumbler, Venmo, Snapchat, Coinbvase, and Uber. He is also the co-founder of VaynerSports, Resy and Empathy Wines. He guided both Resy and Empathy to successful exits – which were sold respectively to American Express and Constellation Brands. He is also a board member at Candy Digital, co-founder of VCR Group, co-founder of ArtOfficial, and co-founder of VaynerWATT.

GaryVee also documents his life daily as a CEO through his social media channels, which have more than 44 million followers and garnish over 173 million monthly impressions/views across all platforms. In addition, Vee was recently named to the Fortune list of the Top 50 Influential people in the NFT industry.

“We are thrilled to welcome Mr. Vaynerchuk as his expertise with today’s cutting-edge technologies and passion for entrepreneurship complements Palm Beach State’s advancements in these areas,” said David Rutherford, vice president of Institutional Advancement and CEO of the Foundation for PBSC.

“As the College has become a leader in innovation and educational technology, it is very fitting to have a pioneer of his magnitude to reignite Palm Beach State’s signature event.”

The annual luncheon will honor the philanthropic legacy of the College’s late friend, STEAM chair and respected pillar in the community Yvonne S. Boice, who passed away last year. According to an article on the National Trust for Humanities website, “Boice’s years of service and dedication to her numerous arts, cultural and humanities endeavors was recognized across academia and the U.S. government.”

“Boice led national and local fundraising efforts—chairing initiatives ranging from the Trust to Palm Beach State College’s STEAM (science, technology, engineering, arts and math) efforts and community space improvements. Boice served as Chair of the Palm Beach International Film Festival, Vice-Chair of the Centre for the Arts at Mizner Park, Chair of the board of overseers of Lynn University and was a long-time supporter of Palm Beach Community College. She also served as a board member of the YMCA of Boca Raton and South Palm Beach County. In recognition of her work, she was honored with many prestigious awards and two honorary doctorate degrees.”

In 2013, Palm Beach State College launched a major initiative to impact a projected shortage of skilled professionals in STEAM (Science, Technology, Engineering, Arts, Mathematics) related fields. STEAM scholarships position students for high-paying, high-demand jobs that further their economic mobility and the local workforce.Now named for our dearly departed friend, inspiration and STEAM chairperson, The Yvonne S. Boice STEAM Luncheon honors her memory and welcomes Mr. Gary Vaynerchuk.

If you would like to be a part of the Tech Hub table at the event, please email team@techhubsouthflorida.org

To purchase individual tickets please visit, www.palmbeachstate.edu/foundation/steam.

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03
Mar, 2024

By Nikki Cabus

Miami Dade College’s Cybersecurity Program and Faculty Recognized Among the Top in the Nation by EC-Council

Read Time 4 Minutes

Miami Dade College’s (MDC) acclaimed Cybersecurity program and Professor Dr. Diego Tibaquirá were recently recognized by the EC-Council Academia for making a lasting impact on cybersecurity education and student success. 

EC-Council is the leading IT and e-Business certification awarding body and the creator of the world famous Certified Ethical Hacker (#CEH), Computer Hacking Forensics Investigator (CHFI) and Certified Penetration Testing Professional (CPENT)/ Licensed Penetration Tester (Master). The organization has trained over 80,000 individuals and certified more than 30,000 security professionals from such fine organizations as the US Army, the FBI, Microsoft, IBM and the United Nations.

EC-Council’s certifications are recognized worldwide and have received endorsements from various government agencies including the US Federal Government via the GI Bill, National Security Agency (NSA) and the Committee on National Security Systems (CNSS). The United States Department of Defense has included the CEH program into its Directive 8570, making it as one of the mandatory standards to be achieved by Computer Network Defenders Service Providers (CND-SP).

The EC-Council Academia division supports K-12, community college and university programs by providing state-of-the-art cybersecurity technologies and opportunities to obtain globally respected industry certifications. Students graduate from these programs with the necessary skills to protect digital assets, helping to address the workforce gap, estimated to be 3.5 million unfilled cybersecurity positions in 2025.

Miami Dade College was among only five colleges and universities chosen for the 2023 Academia Circle of Excellence Award from nearly 2,000 higher education institutions across North America. 

The Cybersecurity Center of the Americas at Miami Dade College is transforming cybersecurity education by integrating the advanced hands-on training needed to be a cybersecurity professional. MDC’s comprehensive cybersecurity curriculum includes an Associate in Science, a Bachelor of Science and certifications.

MDC has been designated a National Center of Academic Excellence in Cyber Defense (CAE-CD) by the National Security Agency (NSA) for Academic Years 2022-2027. These programs are offered through MDC’s School of Engineering and Technology (EnTec).

Dr. Diego Tibaquira, former United States Marine Corps and Professor of Computer Science at MDC’s Padrón Campus has been instrumental in building the cybersecurity and cloud computing curriculum at MDC. He was one of only four recipients of the Academia Instructor Circle of Excellence Award by EC-Council Academia. Dr. Tibaquira was selected from approximately 1,000 EC-Council-partnered institutions in North America. Award recipients are selected based on their impact on teaching, assessment of their instruction, student experiences, leadership and engagement with the cybersecurity community.

“What a great Honor to be selected for the “2023 Academic Instructor Circle of Excellence,” Dr. Tibaquira wrote in a social media post.

“Thank you to all my colleagues at Miami Dade College for their support and EC-Council for this Honor. To my mentors and role models Malou C. Harrison, PhD and Antonio Delgado Fornaguera for continuing to show me how to keep striving to do more for our students and community. To President Madeline Pumariega for her vision and allowing Innovation and ideas to take shape to help our College move forward. To my Deans who provide me with the support (100%) to go and do my job in the best ways possible: Niurka “Niki” Goenaga and Manny Perez.”

He concluded, “To my students who keep taking advantage of each and every opportunity the college brings to keep advancing, growing, progressing, and building our Miami Dade College Community and Community at large.”

MDC is the recipient of many top national awards, including the prestigious Aspen Prize. MDC has been recognized among the nation’s “Great Colleges to Work For” since the program’s inception. The College serves as an economic, cultural and civic leader for the advancement of our diverse global community. MDC alumni and employees contribute more than $3 billion annually to the local economy, and graduates occupy top leadership positions in every major industry. MDC has admitted more than 2.5 million students and counting, since it opened its doors in 1960. Approximately 120,000 students are currently enrolled. For more information, visit www.mdc.edu.

Learn more about MDC’s Cybersecurity programs, visit www.mdc.edu/cybersecurity/degree-programs.

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03
Mar, 2024

By Nikki Cabus

Delta Air Lines and LATAM join forces for inaugural job shadowing project empowering youth for success

Read Time 5 Minutes

Delta Air Lines and LATAM Airlines Group united to extend thier inaugural Job Shadow Day at Miami International Airport.

Twenty-five students from the New World School of the Arts located in downtown Miami were given the opportunity to walk through a “day in the life” through a transformative experience including simulated real-world exercises where volunteers introduced them to career opportunities in aviation.

Through the Joint Venture between Delta and LATAM group, the global airlines seamlessly collaborate both in the skies and on the ground, inspiring the next generation of talented individuals who will shape the future. Delta and LATAM reinforce a shared vision for a brighter and more interconnected future, where the collective efforts of these influential airlines contribute to positive and lasting impacts on a global scale.

Since implementing their transformative partnership in 2022, the award-winning airlines have made travel between North and South America easier and more enjoyable than ever by expanding their route networks, optimizing their flight schedules and airport operations, and offering travelers improved access to 300 destinations on the two continents. This is why Delta and LATAM – like travelers, their loved ones, friends and destinations – complement each other and are “Meant to be Together,” as their new campaign suggests.

“Delta strives to make an impact by building intentional, purposeful partnerships in our communities that help address the hopes and needs of real people and spark meaningful change in the world,” said Luciano Macagno, Delta Managing Director for Latin American, the Caribbean and South Florida.

Educational endeavors such as the Job Shadopw Day play a crucial role in empowering young minds to visualize and pursue fulfilling career trajectories. This initiative not only granted the students invaluable firsthand experience but also provided them with the chance to glean insights from seasoned aviation professionals at Delta and LATAM. The event offered a distinctive behind-the-scenes glimpse into the intricate workings and operations of Miami International Airport, fostering a deepened understanding and connection to the dynamic world of the aviation industry.

Miami International Airport is America’s busiest airport for international freight and the second busiest for international passengers. MIA offers more flights to Latin America and the Caribbean than any other U.S. airport and is also the leading economic engine for Miami-Dade County and the state of Florida with an expansive workforce community of more than 37,000 employees. The airport generates business revenue of $31.9 billion and approximately 60 percent of all international visitors to Florida annually.

“At LATAM Airlines Group we thank our partner Delta for the invitation to participate in this Job Shadow experience,” said Gonzalo Ramírez, North America & Caribbean Airports Senior Manager LATAM Group.

“We are constantly looking to connect with the communities where we operate, so we are excited to connect with young people who will be the future professionals of the industry. At the same time, as the leading airline group in South America, we want them to know that the prospects for development in the sector are international, which adds to the attractiveness of pursuing a career in this field.”

Delta Air Lines and LATAM Airlines Group partnered with Junior Achievemt of Greater Miami on this initiaitive. Each day, JA MIami works to help young people discover what’s possible in their lives. The nonprofit does this by helping them connect what they learn in school with life outside the classroom. JA Miami strives to let students know it’s possible to invest in their future, to gain a better understanding of how the world works, and to pursue their dreams.

JA Miami is dedicated to giving young people in Miami-Dade and Monroe counties the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers and educators, and offer relevant, hands-on experiences that provide 40,000 students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship.

“We are thrilled to partner with Delta and LATAM to provide students with this unique JA Job Shadow experience,” said Mariana Furchi Sly, Executive Vice President, Junior Achievement of Greater Miami. “Many of these students have never been to the airport and aren’t aware that so many job opportunities exist. This program helps show them possibilities for their futures.”

In addition to supporting the JA Job Shadow program, Delta sponsored 80 high school students’ participation in the JA Stock Market Challenge in October 2023, and facilitated travel for a team of high school students from Coral Gables Senior High to attend a national competition last summer in Washington, D.C. As part of Delta’s work to fuel a diverse aviation talent pipeline and build an organization that is reflective of the communities where we live, work and serve, Delta prioritizes partnerships that enable young aviators and students to envision their own future in the industry.

“It was truly inspiring to witness the curiosity and enthusiasm of the students as they delved into the details of the aviation industry and explored the diverse array of roles within our organizations. From witnessing ground operations in action to gaining insights into the complexities of flying, the students embarked on a fascinating journey of discovery,” shared Ignacio Borbollo, Delta Head of Sales, Market Development & Community Partnerships – Regional Manager, South Florida

“As a proud member of the JA Young Professional board, I was thrilled to play a part in providing these young minds with a firsthand glimpse into the dynamic world of travel and aviation. It’s moments like these that ignite passion and spark ambition in the next generation of leaders.”

In addition to this project, Delta has connected with students around the world through its many partnerships and programs – such as Delta Business Class, Delta’s Propel Academy, Delta’s WING Flight, HBCU engagement, the Aviation Maintenance Airframe Certificate Program and more.

To learn more about Delta’s Student & Earl Careers Programs, visit www.delta.com/us/en/careers/students-and-early-careers

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29
Feb, 2024

By Nikki Cabus

GrowFL celebrates top 50 second-stage companies in Florida at 13th annual awards

Read Time 6 Minutes

The 13th GrowFL Florida Companies to Watch Awards Celebration honored 50 outstanding second-stage companies from throughout the state for their innovation, growth, and communit impact. 

The annual event was held February 15th, 2024 at the Hard Rock Live, Universal CityWalk in Orlando, Florida with Duke Energy Florida, a subsidiary of Duke Energy Corporation, as this year’s presenting sponsor.

GrowFL, through diverse programs and services, provides proven methods to help overcome unique challenges facing second-stage companies as they grow. The organization is Florida’s only organization focused exclusively on supporting second-stage businesses. The awards program honors impressive second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida.

Second-stage growth companies have at least 6 employees and $750,000 in revenue and possess the intent and desire to grow beyond second-stage. This small but mighty group of companies make up only 12% of the businesses in Florida yet create 34% of the jobs in our state. In fact, from 2019 to 2022, the 13th Annual GrowFL Florida Companies to Watch Honorees generated close to 2 billion dollars in revenue and created more than 870 jobs. These businesses, beyond their startup phase, play a significant role in boosting regional economies.

50 honorees were selected after a final round of judging by a panel comprised of past honorees, economic development leaders and corporate partners of GrowFL. Companies were judged on a number of criteria including growth in number of employees; impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects.

“GrowFL Florida Companies to Watch was designed to celebrate the spirit of entrepreneurship and to shine a spotlight on the most deserving companies,” said Jennifer Taylor, president, and CEO of GrowFL.

“Second-stage businesses are the lifeblood of our state’s economy, driving innovation, creating jobs, and fueling prosperity. This year’s Honorees span 20 different counties, represent 18 different industries and 32% of them are woman, veteran, or minority owned. This diverse group of honorees can only mean one thing – Florida is the place where entrepreneurs thrive!”

Of the 50 honorees, there were five companies from South Florida represented. Those companies are:

  • Hollywood Woodwork (Broward) – manuafacturing
  • Pointer Construction Group (Broward) – construction
  • Spot Pet Insurance (Miami-Dade) – finance & insurance
  • Streann Media (Miami-Dade) – information technology
  • Weedoo Greenboat, Inc. (Palm Beach) – manuafacturing

South Florida Tech Hub member company, Streann Media, took home an award. Their Founder and CEO, Gio Punzo, made a ststement on social media, “We are super excited about the award that we received. Thank you, GrowFL, for giving us the award and having us attend the wonderful event.”

“What’s amazing about the reward is not just about the products that we have created that are touching millions of users. It’s about the jobs that our technology has created. Millions of people around the world are using our technology, but there’s thousands of people that are working thanks to the technology that we built. We are very blessed that through our technologies, our company is helping communities around the world create new jobs. We are forever grateful.”

“As Chair of GrowFL’s Advisory Board, I am honored to witness the remarkable growth and ongoing success of Florida’s businesses year after year,” said Pete Previte.

“These companies truly embody the true spirit of entrepreneurship and resilience. Like the 600 Honorees before them, they have overcome challenges, continued to innovate, and successfully lead their team. Their inspiring stories of triumph stand as a testament to the exceptional business environment that thrives here in Florida. It is our privilege to celebrate them and their remarkable achievements.”

As an annual awards celebration since 2011, GrowFL Florida Companies to Watch celebrates growing second-stage companies headquartered in Florida. Companies to Watch was developed by the Edward Lowe Foundation as a unique way to recognize and honor second-stage companies that demonstrate high performance in the marketplace with innovative strategies and processes, making them “worth watching.” To date, 650 companies across the state have been recognized as Honorees. Many of the past honorees have now grown their companies to stage 3 and stage 4 businesses employing more than 500.

In his congratulatory letter to the 13th Annual GrowFL Florida Companies to Watch Honorees, Dan Wyant, President and Chairman of the Edward Lowe Foundation, highlighted how second-stage companies are truly our most valuable players.

“Historically, this group has been underserved in economic-development circles where the majority of effort and investment is spent on recruiting large companies from other regions or states. Yet when it comes to job creation, second-stagers punch above their weight, generating more than double their market share. Case in point: In 2022 second-stage companies represented 16% of all business establishments in the United States, but they generated 38.5% of all jobs, according to YourEconomy.org. This is even more pronounced in Florida, where second-stagers made up only 11.9% of the state’s companies in 2022 but represented 34% of all jobs.” You can read the full letter here.

The Edward Lowe Foundation was established in 1985 by Ed and Darlene Lowe to leverage entrepreneurship as a strategy for economic growth and community development. The foundation’s entrepreneurship initiatives focus on second-stage companies, which are growth-oriented firms that have moved beyond startup but have not yet reached maturity. Its peer learning, leadership education, and strategic information programs are geared to help these companies continue growing.

Below is the list of the companies named 13th Annual GrowFL Florida Companies to Watch Honorees:

Company Name County Industry
Alternative Repair & Machining Services Duval Other Services (except Public Administration)
AME International Hernando Wholesale Trade
Aspire Communications Seminole Telecommunications
Baker Design Build Duval Construction
Billed Right LLC Seminole Other Services (except Public Administration)
BlueWind Technology LLC Escambia Manufacturing
Charter Research Sumter Scientific Research and Development
Cigent Technology Inc. Lee Information Technology
Continuum Health IT St. Johns Scientific and Technical Consulting Services
Cromulence LLC Brevard Scientific Research and Development
DACKOR Orange Manufacturing
Data Graphics Inc. Lake Manufacturing
Delamere Industries Inc Hernando Manufacturing
Design Interactive, Inc. Orange Scientific Research and Development
Fort Myers Brewing Company Lee Manufacturing
Fox Logistics Bradford Transportation and Warehousing
GRACE Aerospace, LLC Duval Manufacturing
HOLLYWOOD WOODWORK Broward Manufacturing
Integrated Security Consultants Hillsborough Utilities
INTELLITEC PRODUCTS LLC Volusia Manufacturing
International Insulation Products Orange Manufacturing
Kinley Construction Brevard Construction
KMI International Orange Other Services (except Public Administration)
Macrocap Labs Seminole Manufacturing
Mainstream Engineering Corporation Brevard Manufacturing
Martin Aquatic Orange Architectural, Engineering, and Related Services
Martinez Construction Services Brevard Construction
McGaw.io Orange Management Consulting Services
NLP Logix Duval Information Technology
Nona Scientific Laboratory Marion Health Care and Social Assistance
Optimus Energy Solutions Lake Construction
Paragon Cyber Solutions, LLC Hillsborough Information Technology
Pem-Air Turbine Engine Services Hernando Manufacturing
Pointer Construction Group Broward Construction
Pro-Tec Plumbing Collier Other Services (except Public Administration)
ProfileGorilla Duval Information/Media
PVM, Inc. Pinellas Information Technology
Spot Pet Insurance Miami-Dade Finance and Insurance
SSM Enterprises Duval Manufacturing
Streann Miami-Dade Information Technology
SunBlest Gardens Wakulla Wholesale Trade
SwiftPaws Brevard Retail Trade
SYL Roofing Supply Orange Wholesale Trade
Tech Rage IT Seminole Information Technology
The Association Partner St. Johns Advertising, Public Relations, and Related Services
Thompson Pump Volusia Manufacturing
TruPoint Communication Solutions Seminole Telecommunications
Volt Lighting Hillsborough Manufacturing
Weedoo Greenboat, Inc. Palm Beach Manufacturing
Young Innovators Academy Seminole Educational Services
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28
Feb, 2024

By Nikki Cabus

Carewell Secures $24.7 Million in Series B Funding and hires former Chewy executives

Read Time 4 Minutes

Carewell announced a $24.7 million Series B capital raise to further accelerate its mission of streamlining access to home health products.

Carewell is the No. 1 ecommerce destination for caregiving products. Carewell customers can shop across a wide variety of categories, including incontinence, nutrition, mobility, mom & baby and more. With a team of highly trained customer care experts, over 300+ educational articles, detailed video content, FAQs and descriptive product pages, Carewell takes the guesswork out of caregiving, setting it apart from other online retailers and drug stores.

This latest round of funding was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline among others. In addition, the company has made several senior level hires amidst plans to relocate their headquarters to Miami.

“Family caregiving is becoming an increasingly more common experience in the U.S. with spouses, children, parents, and even grandchildren having to take on a caregiving role overnight without warning,” said Bianca Padilla, CEO and Founder of Carewell.

“Understandably, these individuals can experience significant mental, physical, and emotional stress as they balance their role as caregivers with other responsibilities to work and family, and our mission at Carewell is to help educate, support and advocate for these selfless heroes.”

Co-founder and CEO Bianca helped her mom care for her grandmother they had no clue which products they needed, much less where to find them or how to use them. Online marketplaces were confusing, local shops had limited selection and no discretion, and both experiences lacked empathy. Bianca was shocked there was no What to Expect guide like there is for new parents, so she and her husband and co-founder Jonathan dedicated their lives to creating a solution for family caregivers just like you.

Founded in 2017, Carewell is a source of support for independent caregivers seeking helpful and knowledgeable customer service, educational resources, and affordable, trusted products, including incontinence supplies and nutritional supplements. The funds from the Series B round will fuel Carewell’s growth strategy, bolster the company’s e-commerce technology, and enhance overall customer experience, focusing on improved service and an expanded suite of products.

“As healthcare investors for over 40 years, we have strived to create greater value for our investors when focusing on companies that provide a point of difference to their customers and patients,” said, Mike B. Fernandez, Chairman of MBF Healthcare Plans.

“Carewell’s commitment to providing an exceptional 24/7 customer experience and tailored high-end products at competitive prices sets them apart from competitors and we are proud to support a family-run company dedicated to shaping the future of healthcare and caregiving.”

MBF Healthcare Partners II, L.P. is a leading middle-market healthcare private equity fund based in Coral Gables, Florida. Our strategy is to partner with exceptional management teams while leveraging MBF’s operating experience, domain segment knowledge, and tenured relationships to rapidly accelerate value creation. The partners of MBF have substantial operating experience in healthcare and have held senior management positions in both private and publicly traded healthcare companies. MBF principals have managed and helped build some of the nation’s most innovative and successful healthcare companies. The firm is headquartered in Coral Gables, Florida.

Additional investors in this round of funding include Primetime Partners, Nextview, Florida Opportunity Fund, and Anchor.

Alongside the capital raise, Carewell has also announced the hiring of several senior executives from Chewy.com as part of relocating its headquarters to the Miami area.

  • Samantha Rassner joins as Chief Technology Officer from BEX Realty and previously led software development at Chewy.com, where she was responsible for expanding the brand’s e-commerce technology and pool of tech talent.
  • Jason Klinghoffer joins as Chief Marketing Officer from Chewy, where he led the company’s growth marketing strategy and co-led three capital raises.
  • Mike Pacifico joins as Chief Financial Officer from Chewy. Prior to this he was CFO at Arteza, a DTC arts and crafts brand.
  • Kelli Durkin joins as Vice President of Customer Service, bringing a wealth of expertise in customer experience from previous roles at The Farmer’s Dog and Chewy.

“Mike, Jason, Sam, and Kelli all bring significant ecommerce industry experience and a strong track record of working together from their time at Chewy.com. Their addition reaffirms our commitment to providing affordable healthcare solutions for caregivers, and we are thrilled to welcome them into the Carewell family,” said Ms. Padilla.

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27
Feb, 2024

By Nikki Cabus

FPL announces completion of Florida’s first ever clean hydrogen hub of its kind

Read Time 5 Minutes

Earlier this month, Florida Power & Light announced the completion of its clean hydrogen hub, the Cavendish NextGen Hydrogen Hub.

The Cavendish NextGen Hdrogen Hub is FPL’s pilot clean hydrogen facility located in Okeechobee County, Florida and the first clean hydrogen plant of its kind in the Sunshine State. This important pilot project will allow FPL to learn more about clean fuels and their potential benefits to customers.

As America’s largest electric utility, Florida Power & Light serves more customers and sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.9 million accounts, or more than 12 million people. FPL operates one of the most fuel efficient and cleanest power generation fleets in the U.S. and in 2022 won the ReliabilityOne® National Reliability Award for the seventh time in the last eight years. The company was also recognized by Escalent in 2022 as one of the most trusted U.S. electric utilities for the ninth consecutive year.

FPL is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry in Fortune’s 2023 list of “World’s Most Admired Companies” and recognized on Fortune’s 2021 list of companies that “Change the World.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage.

“Today marks another important step forward as we further our commitment to fostering a clean and cost-effective energy future that benefits our customers and Florida, ” said Armando Pimentel, FPL President and CEO.

The $65 million facility broke ground in December 2022, and just over a year later this “green energy” facility aims to significantly reduces carbon emissions while producing energy. FPL’s Cavendish NextGen Hydrogen Hub will help the company explore using clean hydrogen to offset the use of natural gas to run a traditional power plant. Built with state-of-the-art technology, the hydrogen hub pilot project draws from Florida’s most abundant natural resources – water and solar – to produce clean hydrogen.

The hydrogen hub draws solar power from a nearby FPL site. A portion of clean energy flows directly to the energy grid, while the rest powers hydrogen production equipment called electrolyzers. The hydrogen is then compressed, stored and blended with natural gas. For this project, a 5% blend of hydrogen will be tested in one of the three natural gas combustion turbines on site. Blending 5% hydrogen with natural gas will allow the company to learn more about clean hydrogen and explore ways to provide low-cost, clean energy to FPL’s customers.

“Hydrogen is a ‘no brainer’ for Florida,” said Dr. Arif Sarwat, Eminent Scholar Chair Professor at Florida International University and Director of the FPL-FIU solar facility. “As the most abundant element on earth it can be stored as an energy source that can be used whether or not the sun is shining.”

As the FPL Cavendish Solar Energy Center operates, a portion of solar energy will flow directly to the grid to serve customers, while the rest will go to power hydrogen production equipment, including a series of electrolyzers. Each electrolyzer splits water into its two basic elements: hydrogen and oxygen. The oxygen is released harmlessly into the air, while the hydrogen will be compressed, stored and blended with natural gas, and used as fuel to produce electricity that will provide affordable and clean energy for FPL customers across the grid.

“We’ve been on a journey to cleaner and more cost-effective fuels, moving from oil to natural gas and now we’re exploring how to move from natural gas to carbon-free,” Stevany Cole, Director of Development at FPL, said, referring to FPL’s power plant modernizations over the last two decades which have effectively slashed air emissions and saved customers billions of dollars in avoided fuel costs.

Eight years ago, Cole transitioned from working at a papermill harvesting trees for consumer products to helping build a more resilient and cost-effective grid with FPL. Cole is proud to be part of something greater than herself.

“It’s always interesting looking back on where I started my career to now being here, making history in Florida. Eventually my generation will be gone. Then, my children will be the ones left with their own kids,” she said. “I can only hope to leave the planet a better place for them.”

“What we discover could eventually help us hedge against the volatility and cost of fuel,” said Tim Oliver, Vice President of Development at FPL. “This is about creating more options for affordable and clean electricity for Florida.”

The FPL Cavendish NextGen Hydrogen Hub will help the company maximize learning opportunities as it continues to pursue its Real Zero goal of decarbonizing its power-generation by 2045 at the latest. Watch the video below to find out how FPL is capturing the sun’s energy with millions of solar panels and advancing a first-of-its-kind clean hydrogen project to help stabilize energy costs, eliminate carbon emissions and make Florida energy independent.

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