SPACE FLORIDA AND THE UNIVERSITY OF CENTRAL FLORIDA ANNOUNCE TECH BUSINESS COMPETITION

The “CAT5 Awards,” (which stands for “Capital for the Acceleration of Technologies in early stage companies) will showcase 10 selected companies in an event that will enable them to present their business cases to venture capitalists, angel investors and financiers, among others. In addition to having the opportunity to present to potential funding sources, the top two business plans will receive $150,000 in monetary awards: with first place receiving $100,000 and second place receiving $50,000, both through Space Florida sponsorship. Finalists will present at the Innovation Concourse of the Southeast (ICSE) Manufacturing and Safety event on June 3, 2014. Prior to their presentations, the University of Central Florida’s Venture Accelerator will match finalists with expert mentors that will provide business strategy coaching leading up to the event.

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