To nurture innovative business startups in Florida’s burgeoning research corridor, seven entities spanning technology; business, financial and legal sectors; IT and professional athletics recently joined forces with Embry-Riddle Aeronautical University's Research Park in Daytona Beach.
Two companies committing as Nexus partners are International Speedway Corp. (ISC) and DuvaSawko EM Billing & Management Solutions, while five resident partners comprise Cobb Cole, FireSpring Fund, James Moore & Co., Vann Data Services and venVelo.
Nexus affiliates will concentrate on attracting tech business to the region, while resident partners will provide guidance and navigate networking channels, recruiting and supporting startups and overseeing commercial venture debuts.
"This is a unique collaborative opportunity not only for our partners and startup companies, but for our students, staff and faculty," Karen Holbrook, Embry-Riddle’s interim president, said. "The diversity and depth of experience that these partners represent provide a comprehensive suite of services for future leaders of tomorrow — whether they be students, local businesses or national organizations."
All seven collaborators plan to operate from within the Research Park's John Mica Engineering and Aerospace Innovation Complex. The state-of-the-art building houses research for aviation, space, engineering, unmanned systems and environmental needs in cooperation with Embry-Riddle personnel.
The hub, adjacent to the main Daytona Beach campus, offers 10,000 square feet of flexible rental space to support incubation of new technologies within its 50,000-square-foot structure.