UCF Business Incubation Program Congratulates its Fire Award Winners

Orlando, Fla. (May 3, 2023) – The clients and graduates of the UCF Business Incubation Program are on fire – the OBJ Fire Awards that is.

Just announced on May 2, the roster of this year’s winners includes two current clients of the program and three who graduated from the program.

The companies are as follows:

• Capacitech Energy, a client at the Research Park Incubator. OBJ describes them as “an energy storage component company that makes cable-based energy storage products, like the supercapacitor.”
• Hoverfly, a graduate of the Winter Springs Incubator. OBJ describes them as making “tethered drones for the U.S. military, as well as security and public safety companies and agencies.”
• Kismet Technologies, a client at the Lake Nona Incubator. OBJ describes them as “the creator of NanoRad, a fast-acting, residual antimicrobial that provides long-lasting virus and bacteria surface protection.”
• SightPlan, a graduate of the East Colonial Incubator. OBJ describes them as “a developer of multifamily software that makes it easier to track work requests, collect rent, communicate with residents, etc.”
• Stax, a graduate of the Kissimmee Incubator. OBJ describes them as “a fintech company that specializes in credit card payment processing for businesses.”

“Thank you to the Orlando Business Journal for recognizing and supporting innovation and the technology ecosystem so many organizations have created in Central Florida,” says Carol Ann Dykes Logue, director, programs & operations, Innovation Districts & Incubation Program, University of Central Florida. “These companies show when we provide the resources they need to grow and succeed, we can truly transform and grow our economy.”

According to the Orlando Business Journal, the Fire Awards in its second year recognized 16 “local startups and other entities that achieved rapid revenue growth in the last year. Honorees were chosen from nominations and Orlando Inno’s editorial team based on major milestones like overall growth, innovative ways of doing things, funding rounds, product launches and social impact.”

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For more information, please contact:

UCF Business Incubation Program: Carol Ann Dykes Logue, 407-635-9882, carolann.dykeslogue@ucf.edu or Alan Byrd, Alan Byrd & Associates, 407-415-8470, Alan@ByrdConnections.com

About the UCF 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 provided vital business development resources resulting in over 300 local startup companies reaching their potential faster and graduating into the community where they continue to grow and positively impact the local economy.

With eight 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 Kissimmee, Orlando and Winter Springs. For the 2017/2018 fiscal years, the activities of these participating firms have helped to sustain more than 6,725 local jobs and have had a cumulative impact of over $725 million on regional GDP and over $1.3 billion on regional sales. During the same period, the program has returned more than $12.00 in state and local taxes for every $1.00 invested in the program. In addition, for every $1.00 of public investment the firms also produced $118 of additional regional GDP and $226 of regional sales. For more information, visit  www.incubator.ucf.edu.