$3.0M in expenses

The fund increases the availability of seed capital and early stage venture equity capital for emerging companies in the state, including, without limitation, enterprises in life sciences, information technology, advanced manufacturing processes, aviation and aerospace, homeland security and defense, and energy efficient or renewable energy products and technologies, as well as other strategic technologies.

— in expenses

The ecp program is designed to create new businesses and jobs in florida and further diversify the economy of the state of florida by making direct equity or convertible debt investments in florida businesses.