FAU Tech Runway^® recently selected its largest venture class of startup and early-stage companies to participate in the business incubator/accelerator program, from a record number of participants in the FAU Tech Runway Launch Competition.

Four companies will receive a $25,000 grant, attend an intensive boot camp, engage in a rigorous mentoring program, meet potential investors, and will be provided a workspace for one year at no cost. Congratulations to these four companies:

• Videopura LLC, is a video services company with patent-pending technologies to reduce the required bandwidth necessary for video services. 

• Tap2Open LLC  is a secure, convenient, and easy way for residents and guests to gain access to gated communities via smart devices. Tap2Open allows residents and invited guests to enter a gated community and secured doors at the push of a button on their smart device. 

• Ridgeback  Network Defense Inc. delivers enterprise network security by turning the tables on hackers, dynamically counter-engaging the adversary, causing them to absorb the expense of the attack and eliminating them as a threat.  

• Hubspring Health  is an innovative software company founded by physicians that provides healthcare organizations with mission-critical content in an easily searchable platform accessible from any device or location, eliminating delays in care. 

Sixteen more companies will receive the same benefits as the four cash-grant winners, including Two Degrees Inc., ScaleWize, Land of Zorth, WAHspace, Bacon Boxes, SlideMap, PAPER, STAX Mobile App, Gaming Frog, MMP Biopharma Inc. and PQSecure Technologies LLC. 

I am very proud of the success of our FAU Tech Runway program and look forward to the positive impact that our Venture Class 5 will have on the regional business community. For more information about FAU Tech Runway, visit techrunway.fau.edu.