ORGANIZATIONS THAT PROVIDE CONSULTING SERVICES

Small Business Administration

ABOUT:

The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is “to maintain and strengthen the nation’s economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters”. The agency’s activities are summarized as the “3 Cs” of capital, contracts and counseling.

ENTREPRENEUR SUPPORT:

SBA has at least one office in each U.S. state. In addition, the agency provides grants to support counseling partners, including approximately 900 Small Business Development Centers (often located at colleges and universities), 110 Women’s Business Centers, and SCORE, a volunteer mentor corps of retired and experienced business leaders with approximately 350 chapters. These counseling services provide services to over 1 million entrepreneurs and small business owners annually.

SUCCESS STORY:

Diana Pierre-Louis  knew she wanted to expand her successful blog into a full-blown social media and marketing company, and thanks to the services and support of the Florida SBDC, she was able to achieve her goal of working full-time in a business she is passionate about and that could sustain her financially. Thus, Empower Your Brand, a full-service marketing and branding company, was born.

“While I was employed at Palm Beach State College, I had the pleasure of hearing how the SBDC counselors helped entrepreneurs start and grow their businesses; and I knew they were the best organization for me.They helped me identify areas I was not aware of and set-up strategies to help me expand my on-line presence and photographic skills,” said Diana Pierre-Louis.

 

CONTACT INFORMATION:

Lonnie Koyama – [email protected]
772.466.3176
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Nexus

ABOUT:

ABOUT: NEXUS brings together strategic investors, dynamic entrepreneurs, and key leaders in local communities to expand the innovation economy. The organization was established to increase the number of deserving Florida companies successfully raising the necessary capital to scale, increase their headcount, and fulfill their corporate objectives. NEXUS Members have invested in 67 Florida companies over $20.1M. The NEXUS membership of individuals, family offices, investment funds, and corporate partners streamlines the funding process for Florida entrepreneurs. Florida companies now can gain access to a growing community of informed investors who can enhance their businesses through strategic and passive capital investments.

 

ENTREPRENEUR SERVICES:

Entrepreneurs scaling companies in Florida can access the NEXUS community of 70+ investors by applying for funding at poweredbyNEXUS.com. The Entrepreneur Guide and
Investor Guide provide insights into preparing to raise capital and the investor mindset. Venture teams can enroll in the NEXUS Advantage program for coaching from the NEXUS team and investors on their funding strategy, financials, and pitch. Once an entrepreneur applies, they will receive questions and feedback from the NEXUS Analyst team. Select companies will be chosen to present to active investors on the Weekly Wednesday Webinar and potentially at our live pitch events around the state.

 

SUCCESS STORY:

Veteran Affairs (VA) granted $5M for research at Florida State University’s (FSU) High-Performance Materials Institute with the purpose of identifying a superior padding for amputee veterans’ prosthetics. FSU successfully patented the proprietary process and Joe Condon, who lives in rural Keystone Heights, FL, licensed the patents from FSU and filed for additional patents to protect this disruptive manufacturing process. Condon and the Auxadyne team was able to raise $390,000 in private investment at three NEXUS events around the state in less than a month. The VA’s research is now on its way to solving a critical need for wounded veterans, active military, and athletes. In the six months after raising the funding, Auxadyne has moved out of Condon’s garage and into a state-of-the art advanced manufacturing facility, hiring 6 full-time professionals and 6 engineering students.

CONTACT INFORMATION:

Blaire Martin – [email protected]
386.530.3714

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SCORE

ABOUT:

SCORE Palm Beach’s mission is to enhance the success of small businesses through mentoring and education with the vision to provide every person with the support necessary to thrive as a small business owner. SCORE has a 70-year history as a resource partner with the Small Business Administration (SBA). They support small business owners with workshops, certificate programs, and signature events for little or no fee, conducted by subject experts on topics relevant to small business owners. Go to palmbeach.score.org for a complete schedule of upcoming workshops. In addition, SCORE Palm Beach’s Certified Mentors provide free-for-life mentoring to help solve our clients’ small business challenges either on a one-on-one basis or with an assembled executive team, called SWOT0224.

 

ENTREPRENEUR SUPPORT:

Each year, SCORE Palm Beach advises more than 600 clients, has over 1,000 clients attending workshops and certificate programs, holds over 1,800 mentoring
sessions and donates more than 5,000 volunteer hours to our community. The chapter of SCORE offers over 90 low cost or free workshops per year  and is also registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. The low cost certificate programs include Entrepreneur Academy, Strategic Steps to Growing Your Business, and Strategic Communications and Marketing.

 

SUCCESS STORY:

In 2011, Scott and Amy Angelo  opened the doors of Oceana Coffee. But in 2014, when the Angelos were ready to grow their business, they struggled to find guidance that was both sound and affordable. Scott and Amy attended Palm Beach SCORE’s workshops on online sales and marketing that provided new ideas and a new approach to some common challenges for growing businesses. When they heard about the Palm Beach chapter’s SWOT224 program for businesses older than two years, they applied and were accepted. The SWOT224 program provided Oceana Coffee with free, in-depth mentoring based on the business’ strengths, weaknesses, opportunities, and threats, helping them implement an action plan for growth.

CONTACT INFORMATION:

500 S. Australian Avenue, Suite 115, West Palm Beach, FL 33401
Roy Davidson – [email protected]
561.833.1672

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GDBC Entrepreneurship Institute

ABOUT:

GBDC Entrepreneurship Institute is a 501c 3 organization specializing in services for Small Businesses, Entrepreneurs, Non Profits and the Public Sectors.

CONTACT INFORMATION:

3200 S Congress Ave #104, Boynton Beach FL 33426

561-894-4510

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GrowFL

ABOUT:

GrowFL was created in 2009 as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida. By providing strategies, resources and support to second-stage companies for next level growth through Strategic Research, Peer Learning and Leadership Development, GrowFL helps companies overcome obstacles to growth and leads them towards prosperity.

CONTACT INFORMATION:

12201 Research Parkway, Suite 501, Orlando, FL 32826

+1-407-823-6384

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Florida Women’s Business Center

ABOUT:

The FLWBC is a small business resource center in South Florida dedicated to the individual professional development of women. They provide management and technical assistance, help with efficiently organizing and completing business plans, business counseling, and special workshops, which include everything from starting a business to financial literacy and social media. Although the services are available to all persons, they are committed to attracting and serving women with entrepreneurial aspirations.

CONTACT INFORMATION:

401 W. Atlantic Ave., Suite O9, Delray Beach, FL 33444

561-265-3790

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Florida Institute for the Commercialization of Public Research

ABOUT:

The Institute provides hands-on support services for high growth-potential companies. Additionally, through its subsidiary Florida Technology Seed Capital Fund, the Institute provides up to $500,000 in first and follow-on round funding to qualified companies.

CONTACT INFORMATION:

3651 FAU Blvd., Suite 400, Boca Raton, FL 33431

561-368-8889

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Business Development Board of Palm Beach County

ABOUT:

As Palm Beach County’s official economic development organization, the Business Development Board (BDB) supports entrepreneurship in Palm Beach County. Our overall mission is to stimulate economic energy, promote business diversity, and enrich the vitality of Palm Beach County through the relocation, retention, and expansion of companies to or in Palm Beach County. Since entrepreneurship fuels economic development, we have convened a group of entrepreneur support organization leaders to help foster the growth of the startup industry. The BDB Entrepreneur Task Force oversees PBCeShip.org, an online platform created to highlight our entrepreneurship ecosystem.

 

SUCCESS STORIES:

When new companies grow, they need to hire more employees. This is where economic development and entrepreneurship intersect. For example, Boca Raton’s Modernizing Medicine was founded by entrepreneurs Daniel Cane and Dr. Michael Sherling and has quickly grown to over 550 employees. The BDB recently assisted the company in expanding its operations to add 838 net new jobs while making a capital investment of more than $15 million in Palm Beach County by 2022.

The BDB also assisted Halo Technologies in facilitating the opening of its office in downtown West Palm Beach. Not only did the company anticipate hiring 50 new employees and making a capital investment of $300,000, but it introduced interactive technology and engineering solutions to the community. The possibilities that this company provides are endless.

 

CONTACT INFORMATION:

310 Evernia Street, West Palm Beach, FL 33401

561-835-1008

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Adams Center for Entrepreneurship at Florida Atlantic University

ABOUT:

The Adams Center for Entrepreneurship at Florida Atlantic University brings students, faculty and the community together in the spirit of entrepreneurship to fuel the innovation needed to create new opportunities in the ever-changing global marketplace. The Adams Center for Entrepreneurship provides students with a unique academic experience by fostering revolutionary intellectual growth beyond conventional wisdom in the pursuit and creation of sustainable solutions to business and social problems.

SUCCESS STORY:

Boca Raton businessman Logan Skees recently received the Governor’s Young Entrepreneur Award. The 25-year-old Marine Corps veteran co-founded personal training studio Trainerspace with two other U.S. military vets. Skees serves as director of business development for the business. His partners are Cary Reichbach and Chris Brown. Skees completed the Veterans Florida Entrepreneurship Program in 2016.

“I’m proud to recognize Logan with the Young Entrepreneur Award today for his hard work to grow Trainerspace,” Gov. Rick Scott said. “I would also like to thank him for his service in the military. Florida is one of the best states in the nation for veterans, and we’ll keep working to ensure our brave service members like Logan have every opportunity to succeed in our state.”

Skees said that he was “beyond grateful” for the recognition. “Empowering our clients at Trainerspace to reach more of their full potential through both safe and effective personal training is an absolute privilege,” he said. “I am honored to continue my service to this great nation through combating our greatest adversaries: obesity, heart disease and diabetes. Semper Fi.” Veterans Florida is a non-profit corporation created by the State of Florida to help veterans transition to civilian life. The organization connects veterans to employers and connect employers with grant funds to hire and train veterans while educating veterans on how to open their own businesses in Florida.

 

CONTACT INFORMATION:

FAU College of Business, DeSantis Pavilion, 777 Glades Road, Boca Raton, FL 33431

Michelle Paredes – [email protected]
561.297.3654

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Startup Palm Beach

ABOUT:

Startup Palm Beach is a soft place to land for early-stage entrepreneurs looking to take the next step toward building a business. Their mission is to educate, connect and showcase entrepreneurs in Palm Beach County to help them succeed both in business and in life.

CONTACT INFORMATION:

400 Hibiscus St #200, West Palm Beach, FL 33401
561-301-0796

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Small Business Development Center

ABOUT:

The Florida Small Business Development Center (SBDC) at Florida Atlantic University is part of a statewide network that provides tools, training and resources to help small businesses grow and succeed. As the only statewide provider of entrepreneurial and business development services, the Florida SBDC plays a vital role in Florida’s economic development by assisting entrepreneurs in every stage of the business life cycle.

 

SERVICES:

In addition to the FSBDC’s core service offerings of no-cost consulting, training, and business research, the Florida SBDC also provides a comprehensive toolkit of specialized services for qualifying businesses looking to accelerate market growth, including Growth Acceleration, International Trade, Government Contracting, and Business Continuation. The Florida SBDC Network is funded in part by the U.S. Small Business Administration (SBA), Defense Logistics Agency, State of Florida and other private and public partners, and is nationally accredited by the Association of SBDCs. Since 1976, FSBDCs have assisted hundreds of thousands of emerging and growing businesses by providing the professional expertise, tools, and information necessary to make sound business decisions in a complex and ever-changing marketplace.

 

SUCCESS STORY:

Fenton Baijnath, CEO of Radical Cosmetics, relocated his business to Lake Worth in 2010.  Florida SBDC at Palm Beach State College helped him expand his operations internationally by introducing him to their Export Marketing Plan (EMP) Services. By analyzing trade statistics, industry reports, and conducting market research, an EMP was created to help identify the best markets for Fenton’s cosmetics. After reviewing the EMP, Fenton took advantage of a Gold Key Service grant available from Enterprise Florida and, along with the U.S. Commercial Service, he traveled on a trade mission to the Dominican Republic, a country identified as having high potential. Fenton met with pre-screened distributors interested in purchasing cosmetics and left with a $110,000 sale and interest in future orders.

More success stories can be found at www.floridasbdc.org/success-stories/.

 

CONTACT INFORMATION:

Florida SBDC at Florida Atlantic University Division of Research

901 N.W. 35th St., FAU Tech Runway, Boca Raton, FL 33431

561-297-4229

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FAU Tech Runway

ABOUT:

FAU Tech Runway is a South Florida public-private partnership that serves as a hub to accelerate technology development and incubate startup companies. This incubation and acceleration happens in a 28,000-square-foot collaborative working space that provides entrepreneurs with a complete ecosystem to house, educate, mentor and fund their companies from origination through venture funding. Since launching in 2014, FAU Tech Runway has helped entrepreneurs secure more than $46 million in investor funding and generate $23 million in revenue. More than 52 companies have launched at FAU Tech Runway, creating more than 300 new jobs with an average salary of $63,000. FAU Tech Runway provides startups with free working space, expert mentoring, interns, marketing assistance, Stanford’s Lean LaunchPad curriculum, privileged access to angel and investor networks and regional events, and $15,000 awarded to the top seven startup companies.

STUDENT SUCCESS STORY:

FAU Tech Runway student entrepreneur Devin Willis has developed a way to improve the speed and accuracy of cancer diagnoses. Willis’s invention, SlideMap, is a low-cost 40x slide scanner that uses recent advances in deep learning for image recognition, technology that can be found in driverless cars. SlideMap can accurately classify every cell on a tumor slide, which can help a pathologist provide a more accurate diagnosis. Willis placed fourth in the national 2017 Discovery Education 3M Young Scientist Challenge, where he won $1,000 and attended a taping of a Discovery Network show. As a part of the FAU Tech Runway Venture Class 5 Program to accelerate startups, SlideMap is benefitting from top-notch mentors who could prove instrumental in bringing the product to market. For cancer patients, that can’t come soon enough.

SUCCESS STORY:

No FAU Tech Runway company has sky rocketed to success more quickly than EagleEye Intelligence, a game-changer in technology-driven public safety. The company is the brainchild of serial entrepreneur and FAU alum Scott Adams, who was one of the first entrepreneurs directly affiliated with FAU Tech Runway. “I needed infrastructure and space, and it was very helpful to be close and involved in some of the early decisions as they unfolded while Tech Runway formed,” Adams said of his decision to launch EagleEye Intelligence there. In two years, EagleEye has raised $14 million in venture capital and grown from two employees – Adams and co-founder Rex Ciavola – to 31. The company provides critical incident management solutions for public safety and security.

 

CONTACT INFORMATION:

901 NW 35th Street, Boca Raton, FL 33431

561-297-8000

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