New Wet Lab Space – part of $5 Million Expansion and Renovation of UCF Business Incubator in Research Park – is already fully occupied

ORLANDO, Fla.  – The long awaited wet lab¹ space at the UCF Business Incubator at Research Park opened earlier this year and four client start-up companies moved in almost immediately.

Carol Ann Dykes, site manager for the Research Park incubator, said the wet lab space allows the innovative companies to expand their R&D operations.

The new state of the art wet lab is an endeavor that’s been five years in planning and it’s already completely occupied.

The $5 Million 49,000 square foot renovation project at the Incubator is totally complete after 14-months and the ribbon cutting was recently held for local officials, partners and vendors.

The Research Park incubator houses nearly 50 early stage technology and soft landing client companies.

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For more information contact:

Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-207-7426 carolann.dykes@ucf.edu

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

¹Wet Lab:  a laboratory equipped with appropriate plumbing, ventilation, and equipment to allow for hands-on scientific research and experimentation.

About the University of Central Florida Business Incubation Program

The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth / impact enterprises. Since 1999, this award-winning program has helped hundreds of local startup companies reach their potential faster by providing vital business development resources.

With seven facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Apopka, Kissimmee, Orlando and Winter Springs.  Participating companies sustain more than 3,600 local jobs and have had a total impact of $1.51B on regional sales and $2.48B on regional economic output. During the last fiscal year, the program has returned $7.95 for every $1 invested in the program. For more information, visit www.incubator.ucf.edu.