Volume 3 - Issue 5 - Summer 2014
In This Issue...
New Smart Sensors Research Partnership Aims to Boost Florida in Growing Industry

UCF Member of NSF’s National Innovation Network

UCF Consolidates its Innovation and Entrepreneurship Programs

UCF Receives Nearly $2 Million for Defense Research

UCF Starter Lab to Open

UCF to Open Start-up Space for Tech Entrepreneurs

New NanoTech May Provide Power Storage in Cables, Clothes

Cyber Defense Team Takes First in Nation, Victory Photo Displayed in Times Square

Reinhart Receives Kappe Award for Environmental Engineering

UCF’s Business Incubation Program Celebrates 15 Years of Growing Businesses and Economy in Central Florida

NBIA Names Former UCFBIP Startup Incubator Graduate of the Year

UCF Explores Partnership with Colombia

UCF Science Innovations Nationally Recognized

Clean Tech Innovation Could Mean Big Savings for Fleet Owners

UCF Blackstone LaunchPad Sheds Light on Student’s Entrepreneurial Success with Quarterwear

UCF-Based Research Fuels $100K Win for Central Florida Entrepreneur

UCF BMC Winner to Compete at IBMC

FAN Invests over $1 Million in 2013

UCF Blackstone LaunchPad Generates Astounding Student Impact

Florida SBDC at UCF’s Advisory Board Council Program

Central Florida International Trade Office is Open

UCF Receives Florida’s Only Air Force Equipment Award

Optics and Photonics Professor, Peter Delfyett Receives Medalist Award

UCF VP Honored for Economic Development Efforts

World Leader in LCD Research Selected for National Award

Nanotech Leads to Breakthrough in Stealth Technology

UCF Researchers Meet with Legislators to Encourage Congressional Support for Photonics

Florida Companies To Watch Celebrates Entrepreneurship

Engineering Leadership & Innovation Institute at UCF (eli²)
Florida SBDC at UCF’s Advisory Board Council Program
Volunteer Experts Helping Businesses Grow
Entrepreneurs and small business owners are challenged every day with hard choices, unfamiliar situations and difficult decisions just running their companies. Finding the time and expert assistance to think strategically, consult with industry and subject matter experts and plan for the future too often takes a back seat to putting out the daily fires.

To assist these hard pressed business leaders with finding the time and help they need to work “on” the business, not just “in” it, the FSBDC at UCF launched the Advisory Board Council (ABC) program in 2003. For the past eleven years, the ABC program has been helping established business owners better understand their opportunities and grow their companies to the next level of success.

The FSBDC at UCF’s Advisory Board Council is an economic development program that operates within the Florida Small Business Development Center at UCF and is funded in part by Orange County Government. The program is a no-cost professional advisory service for qualified companies. By acting as a matchmaker between businesses and volunteer advisors, all of whom are professionals in Central Florida, the Advisory Board Council program acts to positively impact local businesses through revenue growth and job creation. Businesses have also benefitted by identifying ways to improve operations, marketing, and financial management; reduce costs; and implement leadership development and succession planning strategies, among other significant initiatives.

Since its launch, the ABC has assisted more than 150 companies, deploying more than 500 advisors who have volunteered their time for a total of almost 28,000 hours. Establishing an advisory board for an FSBDC at UCF client is as much an art as it is a science. After completing and submitting an application, the client meets with Jill Kaufman, the program manager, who learns of the company’s challenges and explains the program. She then hand picks volunteers from a group of local industry and business professionals to make up the board. After an orientation period, the FSBDC at UCF client and his/her board meet on a regular, usually quarterly, basis and work together to chart a course and put together an action plan to address the companies needs and help it grow its business.

The companies that have participated in the program rave about the benefits they have gained from their Advisory Boards. Here is what two of them have said:

“Our Advisory Board from the SBDC at UCF has been invaluable,” said Joe Sefcik, co-founder of Employment Technologies Corporation (ETC), a pioneer and the world’s #1 developer of employment simulations. “Their input, consulting and coaching have helped us make important decisions and chart the direction of the company. Having these objective, external experts put 100% of their focus on our business allows us to better benchmark our performance and guide our thinking. We are grateful for the support we have received from our Advisory Board.”

“I would recommend the Advisory Board Council to any entrepreneur that is ready to realize their vision,” remarked Yanet Herrero, President of Kings Service Solutions, a fast growing Central Florida building maintenance company. “The process will transform your business culture and inevitably your business success. We learned how to make the organization’s mission and vision come alive and become part of the company culture,” explained Yanet. “Among the biggest benefits coming out of the board’s recommendations included improved financial management, HR policies, quality control and risk management. I started with an idea for what my business could be and by the end of the term in the ABC program it was so much more than I expected,” said Yanet. “The Advisory Board Council program gave me the tools to attain what I wanted for our company.”

For business owners looking for assistance with growing their company, the Advisory Board Council is the answer. It is a next-level, business support service, assisting established Orange County businesses by matching them with experienced business professionals with a diverse range of skills who work together on a “custom-fit” advisory board. For more information, please contact Jill Kaufman, the ABC program manager, at jkaufman@ucf.edu or 407-420-4850.
Innovator Publication Information
The Innovator is produced by the UCF Office of Research & Commercialization, 12201 Research Parkway, Suite 204, Orlando, FL 32826 (407-823-3778). For more information about the articles contained in this newsletter, please contact the editor or appropriate contact/website. Opinions expressed do not reflect the official views of the university. Use of trade names does not constitute endorsement by UCF. Please credit The Innovator when reproducing content from this publication. This is a supplement publication to The Accelerator, which showcases news about the UCF Business Incubation Program.

© 2014 University of Central Florida. All rights reserved.

UCF Office of Research and Commercialization
Phone: (407) 823-3778 | Fax: (407) 823-3299
Web: research.ucf.edu.

UCF Office of Technology Transfer
Phone (407) 882-0340 | Fax (407) 823-3299
Web: tt.research.ucf.edu

UCF Business Incubation Program

University Tower/Research Park
Phone: (407) 882-1577 | Fax: (407) 823-3299
Web: incubator.ucf.edu


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