Wednesday, July 5, 2023

What is Artificial Intelligence (AI) and Why People Should Learn About it

Artificial Intelligence (AI) describes the simulation of human intelligence in machines that are conditioned to think and learn like humans. It is a multidisciplinary discipline that mixes computer science, mathematics, psychology, and other areas to develop intelligent systems. According to Next Move Strategy Consulting, the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion

U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars.

One of the essential parts of AI is Machine learning where algorithms allow machines to absorb data and improve their performance over time without explicit programming. Deep learning, a section of machine learning, directs synthetic neural systems inspired by the structure and purpose of the human brain to process and analyze complicated patterns and data.

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New Clients

Join us in welcoming:

Keno Health to our Life Sciences Incubator!

Learn more about its first-in-market medical device used to automatically detect heart murmurs entirely on-device by clicking here.

In the News

Lake County to get new UCF Business Incubator-Eustis in August

UCF Business Incubation Program Now Hiring for Site Manager in Eustis

Tech Rage IT Named to 2023 Channel Futures NextGen 101 List

UCFBIP Hiring for Site Manager in Eustis

USEncryption Selected for MassChallenge’s 2023 Early-Stage Cohorts

Enroll in Leadership Orlando Class 105 by August 23, 2023

The Fire Awards: Here are Orlando Inno's 2023 winners

2023 Fire Awards Blazer winner: Capacitech Energy Inc. created a power cord that stores energy

See how Orlando augmented-reality firm Red 6 will use $70M in Series B funding

Orlando Tech Community to leave Orlando Economic Partnership for new nonprofit spinoff Innovate Orlando

Annual Grace Hopper Celebration conference to leave Orlando due to new Florida laws

Critical Frequency Design Achieves AS9100 Certification Milestone

See Orlando Tech Community's plans to make local startup ecosystem easier to navigate

LOOLA Expands the Team with Public Relations and Communications Intern

UCF Business Incubation Program Adds Leadership Training to Services

LOOLA Expands to West Coast with New Sales Arm

Crewlink Launches New Platform to Connect Pilots with Planes

Spot Appoints Donna Rayburn as CFO and Chad Maycumber as VP of Engineering

LOOLA Brings on New Project Coordinator

Eustis Enters Partnership with UCF for Business Incubator

UCF Business Incubation Program Congratulates its Fire Award Winners

Disinfectant startup Kismet Technologies debuts new manufacturing facility near Orlando airport

UCF Business Incubation Program Brings on New Executive

Capacitech Energy landed a $1-million grant from the National Science Foundation

Timeplast, working to eliminate traditional plastic products, raised more than $1 million through the crowdfunding platform StartEngine

UCFBIP is seeking mentors for its 2023 Spring/Summer Mentorship Cohort Program

Volusia County Business Incubator Launches WoW Fridays

Upcoming Events



SBA Workshop: How to Start Your Business

If you’re thinking of starting a business, it’s important to take the right steps. This three-hour in-person seminar will give you an overview of what to know, actions to take, and how to avoid common missteps to give your company its greatest chance of success. Learn about the journey from pre-venture to start-up to opening your business and cover: business legal entity selection, registration and licensing, marketing and branding, sources of financing and capital, business plan building, and more!



SBA Workshop: Disaster Recovery for Small Business – Webinar

If you reside in Florida, you are subject to floods, storms, and other natural events on an annual basis. When FEMA is activated, emergency contracting will be needed and if you are registered in the disaster registry your firm may be considered for those short-fused contracts. We will discuss how emergency contracting takes place, will address some of the provisions of the Stafford Act to protect impacted area small businesses, and will highlight some of the federal agencies that make use of contractors to fulfill their disaster recovery mission: FEMA, US Army Corps of Engineers, others.



One Million Cups

1MC takes place every Wednesday morning.

Sign up to talk about your business and share your accomplishments with the community!



SBA Workshop: Business Plan Writing Made Easier – Webinar

Your business needs a roadmap for every stage of its growth. We’ll remove the mystery of how to create a business plan, the information that should be included, and how to use it as a tool to keep your company on track for long term growth.




Register for a three-day event that will include c-suite level keynote speakers and panelists discussing the industry’s commitment to infrastructure investment, employees, and customers. Working with you, we are committed to using Florida’s Women in Energy Leadership Forum to inform, inspire, and motivate.



PS27 Black Founders Forum Presented by JPMorgan Chase & Co

Synapse Orlando and Immerse Global Summit are joining forces to showcase the best tech in the world beside the best innovators of Central Florida, all in one electrifying 3-day event: MetaCenter Global Week. This ground-breaking partnership will bring together global and regional leaders as we celebrate, discover, and engage with the bleeding edge of innovation in XR/AR/VR, AI, Gaming, Fintech, Space, Simulation, Metaverse & Blockchain, DefenseTech, HealthTech, Sustainability, Sports & Entertainment, Smart Cities and much more.

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Our award-winning program provides business development and operational support to early-stage technology and innovation-driven businesses throughout Central Florida. We offer three programs that are each designed to help businesses at different stages.

Click here to see if our Traction, Growth, or Soft Landing Program is a good fit for you!

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