Tallahassee, Fla. –
The Economic Development Council (EDC) of Tallahassee/Leon County has announced Larry Lynch as director of the Entrepreneurial Excellence Program to support high impact business incubation in the Tallahassee region.
Lynch has been tasked with developing and implementing a tuition-based course covering such basics as visioning; marketing; customer service and training; finance; entrepreneurship skills and
development. He will also assist startup firms through the vulnerable stages of business development by recruiting a team of university and private sector business experts, researchers and specialists to help the entrepreneurs identify commercial markets and create solid business plans.
“I can’t wait to provide resources to small high-tech companies trying to make their start in the commercial marketplace,” said Lynch. “This program will allow the current and future small businesses to transition into the traditional business model of sales and revenues.”
A graduate of Florida State University, Lynch joined IBM in 1974 as a systems engineer working with key customers throughout the state of Florida. During his 30 plus year career with IBM, he was located in Tallahassee and held multiple marketing positions, as well as worked with both education and governmental customers to solve complex business systems problems utilizing IBM based solutions. During his last 10 years at IBM, Lynch was the senior client executive responsible
for the State of Florida governmental customers.
Following his retirement from IBM in 2004, Lynch began working with the Florida State University Office of Intellectual Properties and Commercialization where he worked directly with researchers on campus to discover, develop and commercialize new business opportunities based on FSU research projects.
“Larry’s experience creating numerous new companies and multiple licensing contracts based on university research makes him an ideal fit for this position,” said EDC Chairman Kim Williams.
The program, modeled after the successful University of Florida and University of Central Florida incubation programs, will utilize a $450,000 US Small Business Administration grant to cover the program for the first three years with an annual budget of $150,000. The tuition based course for newly established businesses will contribute to sustainable funding for the program along with the public and private partners who invest annually in the advancement of the regional economy.
For more information on the Entrepreneurial Excellence Program or the Economic Development Council, please call 850.224.8116