This program is designed to help new and struggling early-stage businesses develop into financially stable companies.

We accomplish this goal through a comprehensive process that includes an on-going series of strategic and tactical meetings, a variety a business development services, business coaching, and other resources, such as office space, that designed to help a company grow smarter and faster.

Only scalable businesses are eligible to enroll in this program. Our mission is to help create and sustain higher-wage jobs in the community by helping businesses grow to the point where they need to hire employees in order to continue operating and growing. With that being said, not every business is designed to create these types of jobs, nor does every business owner want to hire & manage employees. Therefore, companies seeking to enroll in our program must demonstrate their growth potential through our online application and completion of our Excellence in Entrepreneurship (EIE) Course.

 

Business Incubation Program

Program Services

Coaching for Your Company Challenges

The UCF Business Incubation Program holds regularly scheduled, as well as informal, meetings with each client company to address individual strategic and tactical needs. Our staff will work with you to assess your company challenges and identify expertise and resources to address them. Referrals are made to relevant professional advisors and other sources of business and technical assistance.

Industry Immersion with Educational & Networking Events

The UCF Business Incubation Program offers you an ongoing series of seminars and workshops on topics relevant to early-stage companies. A calendar of upcoming events is sent via email each month and is always featured on this website.

Maximize Your Profits with Finance & Accounting Help

Get assistance with budgeting, taxes, and reporting issues from recommended organizations. Capital needs, possible sources of capital, timeframe, structure of deals and alternatives will be discussed by the company, Program management and other advisors as needed.

Protect Your Intellectual Property

The UCF Business Incubation Program and other business service providers will review your intellectual property strategy. Advisors will then give you direction in this area and identify helpful resources or professional assistance.

Access to Legal Experts

The UCF Business Incubation Program maintains relationships with a number of law firms have extensive experience working with startup companies. One or more of the partner attorneys are often on site at an incubator to meet with you and provide guidance and advice.

Curtail Your Office Operation Expenses

The UCF Business Incubation Program provides you with a business address, mail service, Internet connection and conference rooms through cost-effective office space with flexible leases.

Shared Services to Save Your Investment Costs

  • Shared Office Equipment (Fax, Laser Printer, Copier)
  • Audio-Visual Equipment
  • Other Miscellaneous Equipment

Improve Your Image with Public Relations & Marketing Support

The UCF Business Incubation Program and other business service providers will review your marketing and public relations strategies to enhance your company’s public image. The UCF Business Incubation Program works with a local PR firm to issue press releases to support your branding and marketing efforts.

Revenue Growth with Sales Assistance

The UCF Business Incubation Program will assist you in developing sales strategies and understanding the sales process. Referrals are made to professional service providers who can further help you develop and implement effective sales strategies.

Incubation Process

Evaluation:

Orientation:

  • Incubator Orientation
  • Business Development Orientation

Growth:

  • Strategy Series Work Sessions
  • Company Growth Strategy
  • Elevator Proposition
  • Problem Solving
  • Build Revenue Projections
  • Market Growth Strategy
  • Target Customer
  • Market Segmentation
  • Sustainable Competitive Advantage
  • Investment/Funding Strategy
  • Government Funding
  • Term Sheet
  • PowerPoint Presentation for Investors
  • Participate in Day-to-Day Tactical Meetings

Maturation:

  • Present Initial Business Plan
  • Present Final Business Plan
  • Revisit Strategy Plan

Graduation:

Graduation takes place when a client has achieved a level of financial and corporate growth that enables them to leave the incubator and enter the second-stage of corporate development.