International digital festival OrlandoiX recently announced $20,000 in scholarships to the University of Central Florida’s (UCF) current business incubator/accelerator classes, which will enable unlimited access to the Oct. 2-6 event at the Orange County Convention Center.
“OrlandoiX is privileged to support the up-and-coming companies of three really incredible tech accelerators,” David Glass, the event’s executive producer and founder said. “Fueling our local tech economy…is what OrlandoiX is all about, and this event has the power to do much more.”
Featured events include a Speaker Series, Gaming Experience, Startup Summit, and Digital Expo highlighting advances in entertainment technology, interactive media and digital arts. Attendees will include game developers, designers, producers, animators, artists, programmers, digital marketers, ad tech professionals, tech enthusiasts, national industry media, venture investors and entrepreneurs.
Showcasing Orlando’s burgeoning technology industry, OrlandoiX is a leader in technology industry modeling, simulation and training. Several local beneficiaries expressed gratitude for the organizers’ generosity.
“This gesture by OrlandoiX is hugely appreciated by our startups,” Carol Ann Dykes, site manager at UCF Business Incubator in the Central Florida Research Park, said. “Who knows what business opportunities will come out of this? This gift is priceless.”
The UCF Business Incubation Program is a community resource providing early-stage companies with tools, training and infrastructure to become financially stable, high growth enterprises.
“The founders in our current classes were ecstatic when they heard the news,” Donna L. Mackenzie, executive director of Starter Studio, FireSpring Fund and Canvs, said. “Their attendance will undoubtedly help their businesses.”
Incubation program participating companies sustain more than 3,600 local jobs and have had a total impact of $1.51 billion on regional sales and $2.48 billion on regional economic output. During the last fiscal year, the program has returned $7.95 for every $1 invested in the program.
“This is what tech accelerators are all about: business-growth opportunities like this,” Dennis R. Pape, founder of VentureScaleUp at Catalyst, said. “Thanks to OrlandoiX, our first cohort has another value-add to help them scale their businesses.”