Behind the Report
Earlier this year, EY generously embedded a senior employee with StarterStudio to research and quantify the impact StarterStudio has had. The result is StarterStudio’s inaugural Impact Report, highlighting the ways in which the organization had helped diversity and enlarge the tech economy, not just across industries, but in the diversity of ‘starters’ nurtured through programs StarterStudio provides which are supported by local government, as well as corporate and individual donors. Despite the negative local and regional effects of COVID-19, StarterStudio has grown stronger and more agile. Through bootcamps, accelerators, and other free or low-cost programs now offered largely or completely online, StarterStudio supports Central Florida entrepreneurs on a journey to building high-value tech and tech-enabled companies. Our evergreen seed fund also provides starters whose companies reach certain milestones with financial support to leverage outside investment and reduce risk for other investors. We have continued to prioritize providing starters with key resources during the pandemic, such as Small Business Administration loan expertise and community resources inventoried by the Orlando Economic Partnership. What began as a co-working space, even before most had heard the term, is no longer about a physical place. By 2016, the addition of accelerator programs quickly moved to the center of StarterStudio’s mission. With the emergence of several commercial co-working spaces available in Central Florida, followed by the COVID-19 pandemic, StarterStudio quickly transitioned its programs to be fully virtual to ensure safety and increased accessibility for founders. Each step has proven that the focus on programs matters more now than ever before, whether founders are housed at StarterStudio, another facility, or at home.
Startups supported since 2015(?)
Invested in Alumni companies in 2019 alone
1:1 mentorship hours provided every year
Jobs directly created by our alumni