Tuesday, February 18, 2020

Clearwater entrepreneur launches $10 million investment fund

A healthcare entrepreneur in Clearwater has launched The Indus Equity Partners, an angel fund focused on global companies in growth mode. Kunal Jain, president and fund manager, said the fund launched three...

Florida Ag Commissioner talks up the potential of hemp as an economic driver at...

Hemp could become the state’s next big industry, according to Nikki Fried, Commissioner of the Florida Department of Agriculture and Consumer Services. Fried, the only Democrat to hold statewide office and the...

Tech Data shareholders overwhelmingly approve Apollo Global acquisition

Tech Data Corp. shareholders have voted to approve the $6 billion acquisition of the company. At a Feb. 12 meeting, over 28 million shareholders voted "yes" to being acquired by Apollo Global,...

FPL announces incubator, $1M in grants for energy startups

Florida Power & Light Co. is accepting applications for its newly launched incubator program, 35 Mules. The Juno Beach-based utility company will commit $1 million in grants for 20 entrepreneurs accepted into...

Wave, Embarc join forces on program for women entrepreneurs

JP Morgan Chase has awarded Tampa Bay Wave and Embarc Collective a $500,000 grant to launch a new program exclusively for women tech entrepreneurs in Tampa Bay. Linda Olson, president and CEO...

Cyber Florida names new executive director

J. Michael “Mike” McConnell, a retired U.S. Navy vice admiral and former director of the National Security Agency, will be the new executive director of Cyber Florida. Cyber Florida’s current director, Sri...

Spirion gets $20M in new funding, beefs up executive team

Spirion, a St. Petersburg-based data privacy company, is adding five senior executives after receiving $20 million in fresh capital. The follow-on investment from Riverside Company, Spirion’s private equity owner, allows Spirion to...

The lightbulb moments and brick walls that created a $150 million Tampa company

Driving an old van and hauling away other people’s junk gave Omar Soliman and Nick Friedman their first taste of entrepreneurship. They enjoyed it so much that what started out as a...

Cold-calling helped Sara Blakely build a $1 billion business

Before Clearwater Beach native Sara Blakely hit it big with women’s shapewear company Spanx, she spent seven years off and on cold calling for Danka, a St. Petersburg office imaging company. She...

St. Pete’s LumaStream files for bankruptcy, says it is ‘financially restructuring’

St. Petersburg-based LumaStream has filed for Chapter 11 bankruptcy in a move to financially restructure after being sued by a former shareholder. The company was founded in 2010.
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