Venture In The South

E122: The Florida Opportunity Fund Identifies and invests in early growth stage companies

June 10, 2024 RollingSouth Season 3 Episode 122
E122: The Florida Opportunity Fund Identifies and invests in early growth stage companies
Venture In The South
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Venture In The South
E122: The Florida Opportunity Fund Identifies and invests in early growth stage companies
Jun 10, 2024 Season 3 Episode 122
RollingSouth

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E122: Economic Development is at full throttle with the Florida Opportunity Fund (FOF). They are focused on Seed and Series A tech startups with ~$150M+ deployed to date. FOF is currently pursuing four specific efforts: 

  1. The FLORIDA VENTURE CAPITAL PROGRAM (FLVCP),  founded in 2011, invests in emerging Florida companies in sectors with strategic importance to the state. FLVCP typically invests $1M - $3M into Seed through Series B stage companies. 
  2. The FUND OF FUNDS PROGRAM (FOFP) invests into venture capital funds with significant operations and track record investing within Florida.
  3. The CLEAN ENERGY INVESTMENT PROGRAM (CEIP) invests directly into companies enabling the adoption of energy efficient and renewable energy products and technologies.
  4. The EQUITY CAPITAL PROGRAM (ECP), Founded in 2023, invests in emerging
    Florida companies in sectors with strategic importance to the state. ECP has the  additional objective in supporting companies owned by Socially and Economically Disadvantaged Individuals (SEDI). 

Together FOF has 43 active portfolio companies and invested in 14 Venture Funds for a total of $150M+ capital committed/Invested and $5.5B private capital mobilized with
5,000+ jobs created. David interviews Robert Harvey, the President and Executive Director of the FOF, about the FOF's investing strategy and future plans. (recorded 5/31/24)

Erratum: Robert Harvey received his undergraduate degree from  Eastern Illinois University. It was incorrectly stated as from Southern Illinois University.

Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments.

Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel

We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.

Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN, AND DO GOOD.

Show Notes

Send us a Text Message.

E122: Economic Development is at full throttle with the Florida Opportunity Fund (FOF). They are focused on Seed and Series A tech startups with ~$150M+ deployed to date. FOF is currently pursuing four specific efforts: 

  1. The FLORIDA VENTURE CAPITAL PROGRAM (FLVCP),  founded in 2011, invests in emerging Florida companies in sectors with strategic importance to the state. FLVCP typically invests $1M - $3M into Seed through Series B stage companies. 
  2. The FUND OF FUNDS PROGRAM (FOFP) invests into venture capital funds with significant operations and track record investing within Florida.
  3. The CLEAN ENERGY INVESTMENT PROGRAM (CEIP) invests directly into companies enabling the adoption of energy efficient and renewable energy products and technologies.
  4. The EQUITY CAPITAL PROGRAM (ECP), Founded in 2023, invests in emerging
    Florida companies in sectors with strategic importance to the state. ECP has the  additional objective in supporting companies owned by Socially and Economically Disadvantaged Individuals (SEDI). 

Together FOF has 43 active portfolio companies and invested in 14 Venture Funds for a total of $150M+ capital committed/Invested and $5.5B private capital mobilized with
5,000+ jobs created. David interviews Robert Harvey, the President and Executive Director of the FOF, about the FOF's investing strategy and future plans. (recorded 5/31/24)

Erratum: Robert Harvey received his undergraduate degree from  Eastern Illinois University. It was incorrectly stated as from Southern Illinois University.

Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments.

Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel

We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.

Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN, AND DO GOOD.