By Nikki Cabus

Space Florida and Florida Venture Forum Award $100,000 to Early Stage Companies

Read Time 4 Minutes

Space Florida and the Florida Venture Forum, Florida’s largest statewide support organization for investors and entrepreneurs, are pleased to announce the award winners at the 2022 Florida Early Stage Capital Conference in Tampa will receive a total of $100,000. The Early Stage Capital Conference is “where capital and innovation meet!”

This event marks the 15th year the Florida Venture Forum has hosted the Florida Early Stage Capital Conference. The 19 presenting companies including 8 from southeast Florida were selected from a pool of more than 150 applicants by a committee of active Florida venture capital investors. The companies eligible to win originated from one of several industries including aerospace, artificial intelligence, robotics, virtual reality, cybersecurity, and others.

A total of 19 companies presented this year and 3 of the 5 winners were from South Florida!

Grand Prize Winner ($40,000) – Miami (Miami-Dade County)

EVQLV leverages advances in computation to revolutionize the design and development of therapeutic antibodies. We work with partners at the discovery stage to accelerate the speed of antibody discovery. For those collaborators who have preclinical, clinical, or commercial assets, we support the optimization of antibody candidates, develop assets that expand IP protection, and design next generation and innovative immunotherapies. All of our work is performed at accelerated speeds and scale only feasible by leveraging computational tools that learn from massive and diverse datasets.

 

2nd Place Winner ($30,000) –  Daytona Beach (Volusia County)

Novineer, Inc. is a design hub where novel engineering design meets 3D printing. The company plans to bring a 3D printing design and simulation software to market that will streamline the process of designing, modeling and fabricating parts

 

 

 

3rd Place Winner ($20,000) – Juno Beach (Palm Beach County)

Revterra Corporation is developing a modular kinetic battery designed to mitigate demand charges and infrastructure upgrade requirements in applications such as high-power electric vehicle charging and larger grid-scale applications. They are a 35 Mules (powered by FPL) innovation hub startup.

 

 

Additionally, OverTheShoulder and Pet HealthCare Innovations were the recipients of the 13th annual 2022 Statewide Collegiate Startup Competition, attracting the “best of the best” in collegiate competitors from 11 of Florida’s leading innovation-focused colleges and universities.  They were an FAU Tech Runway startup. They will receive $5,000.

“This year’s applicants exemplify the ingenuity and forward-thinking that is essential to success in the today’s business climate. The ingenuity of this year’s winners is a testament to the innovative and entrepreneurial culture we have fostered here in Florida,” said Space Florida president and CEO Frank DiBello. “Together with the Florida Venture Forum we are proud to support these businesses as they continue to push boundaries and bring new technologies and solutions to market.”

Space Florida provided the Accelerating Innovation prize money totaling $100,000. The goal of the Early Stage Capital Conference is to provide Florida entrepreneurs and innovators an opportunity to engage with potential investors. Space Florida supported capital accelerators have attracted more than $640 million in funding and investments for the participating companies. Seven colleges and universities were chosen to participate in this year’s Statewide Collegiate Startup Competition.

Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. The Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping fast-growth companies connect with sources of capital from across the country.

“Congratulations to EVQLV, Novineer, Inc., Revterra Corporation and to all the winners and participants at the 2022 Early Stage Capital Conference,” said Kevin Burgoyne, president and CEO of the Florida Venture Forum. “We are extremely grateful to our partners at Space Florida for their support and commitment to the Forum, and to Florida’s innovation ecosystem. Cash awards like this one, plus the venture capital Forum members invest in startups, are like rocket fuel for the companies powering Florida’s future.”

The Forum provides programs and programming statewide throughout the year in addition to hosting major annual conferences like the Florida Venture Capital Conference, the Statewide Collegiate Startup Competition, the Early Stage Capital Conference, and industry-focused events including aerospace and healthcare.

For more info on the Florida Early Stage Capital Conference, visit flventure.org/2022-early-stage-capital-conference/