FOR IMMEDIATE RELEASE
Terrance “Terry” Berland to chair StarterStudio, replacing Thaddeus Seymour, Jr.
ORLANDO, Fla. – April 22, 2019 – Orlando-based nonprofit startup hub StarterStudio has appointed Terrance “Terry” Berland as chair of its 15-member board to replace Thaddeus Seymour Jr., who stepped down after being named interim president of the University of Central Florida March 28.
Berland, one of the managing partners of venture capital firm Kirenaga Partners and CEO of germ-killing technology company Violet Defense Group, has more than 20 years of experience driving large-scale operational, organization and growth/profit improvement programs.
“My career has been focused on transforming organizations and introducing new and disruptive ideas and technologies to the marketplace, so I was excited to join StarterStudio’s board at Thad’s invitation a year ago,” Berland said. “Now that he’s answered UCF’s call to serve, I look forward to helping continue the forward momentum that has been building under his able leadership at StarterStudio.”
While supporting the development of more than 500 startup companies, StarterStudio has invested more than $650,000 from its own seed capital fund in local startups, which have in turn attracted nearly $20 million in outside venture capital. In five years, the organization has graduated 90 homegrown startups from its two accelerator programs, many of whose products and services are being utilized by small and large businesses alike, both locally and around the country.
“StarterStudio is proving to be transformative for the region’s economy and its technology ecosystem, and Terry’s experience with operations, early-stage venture capital and corporate innovation make him an ideal choice to expand the organization’s impact,” said Seymour, whose career included leadership roles in the development of Lake Nona and its Medical City as well as numerous startup and high-growth companies.
StarterStudio’s mission is to create a robust entrepreneurial community for tech-enabled startups and other innovators that are adding fuel to Florida’s growing technology economy. It does so through a distinctive model that combines community education programs, accelerators, funding, and collaborative work spaces.
Prior to his current endeavors, Berland was a partner in McKinsey’s healthcare and operations practices, and then worked extensively in the financial services industry as a senior manager in investment banking, asset management and advisory, and most recently, hedge funds at Bridgewater Associates. Prior to McKinsey, Berland was an officer and instructor for the United States Navy at its Naval Nuclear Power School, previously located here in Orlando.
He earned an MBA in finance and strategy from the Kellogg Graduate School of Management at Northwestern University and a bachelor’s degree in mathematics from the University of Notre Dame.
StarterStudio is a pioneering hub for innovative and tech-enabled entrepreneurs that empowers and provides resources for entrepreneurs, creatives, and innovators to begin, grow, and flourish in Florida. Through community education programs, accelerators, funding, and collaborative work spaces, StarterStudio fosters a community—serving as a platform for the ideas of the future. For more information about StarterStudio, visit www.starterstudio.org. StarterStudio is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. Per the IRS, bequests, devises, transfers, and gifts to the fund are tax deductible.