UCF to Use National Award to Elevate Women-owned Businesses

Through UCF’s collaboration with the Florida High Tech Corridor, the university will be implementing an initiative funded by the U.S. Small Business Administration to support women entrepreneurs. The Corridor was selected as one of eight winners for the Administration’s first Small Business Innovation Research (SBIR) Catalyst Competition, which recognizes model partnerships addressing the gaps for underrepresented entrepreneurs nationwide.

With its $150,000 prize, the Corridor team —which includes programs at UCF, the University of South Florida, University of Florida and Florida Tech — will elevate the role of underrepresented women-owned small businesses across the 23-county region’s innovation ecosystem by enhancing the inclusivity and participation of women entrepreneurs in the SBIR program. Nationally, women currently make up only 13% of SBIR grant recipients.

UCF’s Business Incubation Program, which provides business development and…

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