News Release: LCRA
TALLAHASSEE- On Wednesday, May 14, 2014, the Leon County Research & Development Authority (LCRDA) will host its 3rd Annual Elevator Pitch Night. Five local start-up companies, selected from a pool of 18 applicants, will compete for Technology Commercialization Grants given by the LCRDA, and the winners will split a total of $30,000 to help their start-ups gain momentum.
The companies will each present a five-minute “elevator pitch” presentation to a panel of judges and other distinguished guests, and at the end of the night the winners will be announced.
“This event highlights some of the innovative research that is happening today in our community”, said County Commissioner Kristin Dozier, Chairwoman of the Board of Governors of the LCRDA. “This is such a great way to show our commitment to these entrepreneurs and for us to help foster economic development in Leon County,” said Dozier.
The grant competition was open to entrepreneurs and individuals from local businesses, universities and research labs. The grant recipients will also receive a scholarship to the Entrepreneurial Excellence Program conducted by the Economic Development Council of Tallahassee-Leon County.
The sold out event will be held at the Goodwood Carriage House Conference Center from 5:30 p.m. until 7:30 p.m.
Between 2005 and 2013, the LCRDA has awarded nineteen grants totaling $307,000 to sixteen companies through its Technology Commercialization Grant Program.
The year’s event sponsors are: Hancock Bank, Florida Small Business Development Center at FAMU, FAMU School of Business & Industry, Brown & Brown Insurance, NAI Talcor, Broad & Cassel, First Commerce Credit Union, FSU Research Foundation, The Edmond Group, Leonard Collins, Redwire, Dr. Shawnta Friday-Stroud, Richard Benham, Aire Serve, C&L Associates, Heinz Nurseries, Marpan, Megas, and Thomas Howell Ferguson.
Innovation Park of Tallahassee has been the hub of scientific research in North Florida for decades. The university-based research park is overseen by the Leon County Research and Development Authority. Among the partnerships highly valued by the Authority are those with Florida State University, Florida A&M University, and Tallahassee Community College, as well as those with governmental and business sector representatives. The Authority is governed by a nine-member Board of Governors with representatives appointed by Leon County, the City of Tallahassee, Florida State University, Florida A&M University, and Tallahassee Community College.