Exciting News From The Florida Institute


Building Companies, Changing Lives

Issue 28- April 2015

OB Medical Receives FDA Clearance 

OBMedical Company  is a women’s health company headquartered in Newberry, Florida whose mission is to improve the health and safety of mothers and babies during pregnancy and labor. The company recently received U.S. Food and Drug Administration (FDA) 510(k) clearance for the LaborView LV1000 wireless electrode system, an advanced maternal-fetal monitoring system for laboring women who are at greater than 36 weeks of completed gestation with a single baby. The LaborView system works non-invasively via surface electrodes on the maternal abdomen to measure fetal heart rate, contractions, and maternal heart rate.


flexReceipts Receives Follow-on Funding
The Institute has finalized a follow-on funding agreement with flexReceipts, an Orlando– based company  that has developed an easy-to-use, eco-friendly option for storing, tracking, organizing, retrieving and sending receipts when needed, enabling consumers to manage returns and exchanges, receive discount notices, submit warranty and rebate claims and register products more quickly and accurately. With technology developed at Florida Atlantic University, flexReceipts directly integrates with retailers' Point-of-Sale ("POS") systems and provides them with superior data analytics and consumer engagement tools.
The company announced recently that it has raised $2 million in venture capital and has established partnerships with Rooms To Go and several other independent retailers such as Paige USA, sportswear retailer TravisMathew, men’s clothier Milton’s, Rusty Del Mar Surf Shop and Robert’s China, indicating that flexReceipts’ approach to provide enhanced digital receipt solutions is scaling successfully and gaining traction quickly.

Predictive Results Provides Businesses with Management Solutions 

Predictive Results helps businesses grow sales, increase productivity, reduce turnover, develop leaders and more by hiring the right people and managing them more effectively. Predictive Results offers Predictive Index® Assessments, Leadership Development Training and Sales Training. The Predictive Index, more commonly known as PI, is highly accurate, EEOC compliant, and available in 67 languages including Braille. Dolly Penland is a business adviser and speaker with Predictive Results who works with organizations helping them to hire and manage their talent to their highest potential. For more information contact her at Dolly@PredictiveResults.com.

Register Today for eMerge Americas 

May 1- 5, 2015  
Miami Beach Convention Center 
eMerge Americas is a global idea exchange focusing on how technology and innovation are disrupting industries. The conference serves as a platform connecting revolutionary startups, cutting-edge ideas, and global industry leaders and investors across North America, Europe and Latin America.  More details about the conference and event registration may be viewed here. 

Don’t Miss the University of Miami
2015 C2C: Concept to Commercialization Series
Join U Innovation as it hosts this monthly seminar series to discuss commercialization of intellectual property, business concepts, and other topics relevant to taking your ideas to the marketplace. Seminars are free and open to all UM faculty members, staff, postdocs and students, as well as UM Life Science and Technology Park colleagues and entrepreneurs. All sessions will be held at the University of Miami Life Science and Technology Park from 4:30pm-6:30pm.
The April 22nd seminar, “Navigating FDA Regulatory Issues Relating to Medical Devices” features guest speaker Heather Rosecrans from Greenleaf Health LLC. The May 26th seminar, “Funding Your Startups: Perspectives from Angel Investors and VCs” features Rhys Williams, New World Angels, Andrew Levin, H.I.G. BioVentures, and Alison Tanner, Florida Institute. More details and event registration may be viewed here.

The Institute would like to thank SunTrust Vice President and Business Banking Relationship Manager Steven Goldstein for sustaining their membership in the Institute's Leadership Circle.

Startup Quest® Sessions Getting Underway

Startup Quest is a 10-week entrepreneurial training program that pairs unemployed and underemployed professionals with yet-to-be commercialized technology and experienced entrepreneurs to learn how to develop business plans, pitch to investors and build successful companies.
Regional Program Managers across the state are seeking mentors, judges and other program participants who wish to be involved in upcoming sessions.   For more information contact Stephanie George at sgeorgefl@gmail.com 

About Us
The Institute delivers company building and funding programs to facilitate new venture and job creation through commercially-viable technologies in major industries that are driving the global economy. In addition to providing company support services, the Institute manages the Seed Capital Accelerator Program launched in 2011, and the Florida Technology Seed Capital Fund launched in 2013. For more information, visit www.florida-institute.com.



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