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Space Florida, Florida Venture Forum Award $100,000 to Early Stage Companies

Space Florida, Florida Venture Forum Award $100,000 to Early Stage Companies

EVQLV, Novineer, Inc., Revterra Corporation, received top prizes at the 2022 conference

TAMPA, Fla.–Oct. 12, 2022­—Space Florida and the Florida Venture Forum, Florida’s largest statewide support organization for investors and entrepreneurs, are pleased to announce EVQLV, Novineer, Inc., and Revterra Corporation as the award winners at the 2022 Florida Early Stage Capital Conference in Tampa. A panel of investor judges reviewed each eligible company’s presentation and supporting materials. Grand Prize Winner EVQLV will receive $40,000 of Space Florida’s Accelerating Innovation (AI) Award, while 1st Runner-Up Novineer, Inc. will receive $30,000 and 2nd Runner-Up Revterra Corporation will receive $20,000.  A total of 19 companies presented this year.

Additionally, OverTheShoulder and Pet HealthCare Innovations were the recipients of the 13th annual 2022 Statewide Collegiate Startup Competition, attracting the “best of the best” in collegiate competitors from 11 of Florida’s leading innovation-focused colleges and universities.  They each will receive $5,000.

“This year’s applicants exemplify the ingenuity and forward-thinking that is essential to success in the today’s business climate. The ingenuity of this year’s winners is a testament to the innovative and entrepreneurial culture we have fostered here in Florida,” said Space Florida president and CEO Frank DiBello. “Together with the Florida Venture Forum we are proud to support these businesses as they continue to push boundaries and bring new technologies and solutions to market.”

“Congratulations to EVQLV, Novineer, Inc., Revterra Corporation and to all the winners and participants at the 2022 Early Stage Capital Conference,” said Kevin Burgoyne, president and CEO of the Florida Venture Forum. “We are extremely grateful to our partners at Space Florida for their support and commitment to the Forum, and to Florida’s innovation ecosystem. Cash awards like this one, plus the venture capital Forum members invest in startups, are like rocket fuel for the companies powering Florida’s future.”

The companies eligible to win originated from one of several industries including aerospace, artificial intelligence, robotics, virtual reality, cybersecurity, and others. This event marks the 15th year the Florida Venture Forum has hosted the Florida Early Stage Capital Conference. The 19 presenting companies were selected from a pool of more than 150 applicants by a committee of active Florida venture capital investors. Space Florida provided the Accelerating Innovation prize money totaling $100,000. The goal of the Early Stage Capital Conference is to provide Florida entrepreneurs and innovators an opportunity to engage with potential investors. To that end, Space Florida supported capital accelerators have attracted more than $640 million in funding and investments for the participating companies. Seven colleges and universities were chosen to participate in this year’s Statewide Collegiate Startup Competition.

For photos please email afarrar@spaceflorida.gov.

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Space Florida Media Contact
Anna Alexopoulos Farrar
afarrar@spaceflorida.gov
954.647.7059

Florida Venture Forum Media Contact
Pat Schneider
pat@flventure.org
813.335.8116

About Space Florida: Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. As Florida’s aerospace and spaceport development authority, we are committed to attracting and expanding the next generation of space industry businesses. With its highly trained workforce, proven infrastructure and unparalleled record of achievement, Florida is the ideal location for aerospace businesses to thrive – and Space Florida is the perfect partner to help them succeed. www.spaceflorida.gov.

About the Florida Venture Forum: The Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping fast-growth companies connect with sources of capital from across the country. Since 1984 more than 1500 companies have presented at Forum events and have gone on to raise upwards of $11B in equity capital, producing billions more in economic value to Florida. The Forum’s 250+ members represent a “who’s who” of venture capital and private equity dealmakers, including equity and debt investors at all stages, as well as major law, accounting, and investment banking firms, and large corporates active in the innovation ecosystem. The Forum provides programs and programming statewide throughout the year in addition to hosting major annual conferences like the Florida Venture Capital Conference, the Statewide Collegiate Startup Competition, the Early Stage Capital Conference, and industry-focused events including aerospace and healthcare. For more information, visit: http://www.flventure.org.