FAU Tech Runway® Graduates 'Venture Class III' Entrepreneurs
Florida Atlantic University’s Tech Runway® recently celebrated the graduation of “Venture Class III”, a special ceremony to commemorate the third class of companies to complete the FAU Tech Runway® program.
Florida Atlantic University’s Tech Runway® recently celebrated the graduation of “Venture Class III”, a special ceremony to commemorate the third class of companies to complete the FAU Tech Runway® program.
The founders of the four companies in “Venture Class III” were honored at the ceremony: Thomas Gregory of Sofla Sunwear, a lifestyle brand of clothing established to represent the unique culture of South Florida; Ray Briant of TiloTag, a patented smartphone app that allows you to discover the memories that surround you; June Adams and James Khalil of PowerCalc, the first SaaS-based software that completely automates the electrical engineering calculations for the building, construction, and facility management industries that is compliant with the National Electrical Code (NEC); and Carly Asher Yoost of The Child Rescue Coalition, a nonprofit organization that builds sophisticated technology to track child predators across the globe.
“We are incredibly proud of what this third FAU Tech Runway® Venture Class has accomplished,” said Rhys L. Williams, associate vice president for research and the managing director for FAU Tech Runway®. “Several of these companies were little more than concepts when they began our program. Now they have products, customers, sales, patents, employees, and have become real businesses. For these four companies that have launched from FAU Tech Runway®, the sky’s the limit.”
Since its launch in fall 2014, FAU Tech Runway® has provided financial support, strategic development, entrepreneurial education, free workspace, investor introductions, and expert mentoring for 29 start-up companies. As a result of the program, 239 jobs have been created, 57 FAU students have been employed, more than $6 million in revenue has been earned, and more than $18 million investment capital has been raised.
For more information on FAU Tech Runway®, visit techrunway.fau.edu.
-FAU-
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