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In This Issue
TECH Talk Insights
eHub's Sponsor Spotlight
Florida Defense & Technology Showcase
StartUp Xchange
Innovators Digest
Tampa Bay Innovation
Center Events

August 14, 2012
8:30 - 10:30 am
Tampa, Florida

StartUp Xchange
August 22, 2012
5:00 - 7:00 pm
Tampa, Florida

eHub Lunch
September 6, 2012 
12:00 - 1:30 pm
September 17 - 19, 2012
Clearwater, Florida

Partner Events  


Tampa Bay Inventors Council (TBIC)
Monthly meetings
August 8th & 22nd
7:00 - 9:00 pm
Largo, Florida

Funding High Growth Technology Businesses
August 16, 2012
12:00 - 2:00 pm

Clearwater, Florida

Tech Jam 2012
August 16, 2012
5:30 - 11:00 pm
Tampa, Florida

Lunch & Learn
August 17, 2012
12:00 - 1:00 pm
Tampa, Florida

Small Business Lending Fair
August 30, 2012
12:00 - 2:00 pm
Clearwater, Florida

Funding Options: Positioning Your Company for Its
 Next Evolution
October 4, 2012
5:15 - 8:00 pm
Tampa, Florida

2013 Florida Venture Capital Conference
January 31 - February 1, 2013
Ponte Vedra, Florida


3D Practice


altorr october 2011


Field Forensics Logo

HIT Logo

Mikros Logo

Ready Alert Logo

talent sprocket

tattle trail test

Wildbright Logo

Tonya 2011WELCOME

As you may have noticed, technology news doesn't slow down in the summer.  There's a lot going on and even more being planned.

We are pleased to announce the graduation of Field Forensics, which will be moving from the Innovation Center to its new offices  in St. Petersburg in August.  Craig Johnson and his colleagues have done an amazing job of product development and marketing for international clients and are truly one of the Innovation Center's success stories.  Watch for news about the ribbon cutting and grand opening of Field Forensics new offices.  

Next, you'll want to mark your calendar for the Tampa area's first combined BarCamp/Code Camp on Saturday, October 13 at the USF Tampa College of Business Administration.  More than 1,000 software developers, programmers, service providers, educators and other technology professionals are expected to attend this educational, innovation and networking opportunity.  For more information, visit or

You'll note that we're spotlighting Fowler White Boggs as this month's featured eHub sponsor.  No mention of the firm would be complete without recognizing the contributions of Chris Paradies, Ph.D., shareholder and firm practice leader in the areas of Biotechnology and Life Sciences, Intellectual Property Protection and Patents & Trade Secrets.  In addition to serving as advisory board chairman and StartUp Xchange mentor, Chris is an outstanding community advocate for the Bay Area.  We are so grateful for his support and hard work!

Tonya Elmore
TECH Talk Insights
Achieving Better Results for Your Software Projects            
      by Ian Ippolito                                        
For any of us who have seen a software project crash and burn, or simply never make it to the finish line, it's probably no surprise that only 32 percent of software projects actually succeed, based on figures from The Standish Group.  The others are either late, over budget or are missing critical features, resulting in billions of dollars of loss for the businesses that needed them.

The good news is that best practices exist that can quickly and substantially improve your success rate.  These are clustered in the general areas of hiring and managing, so let's discuss what will help you handle projects with confidence.

Often the first consideration with hiring is the location of the workers.  Choices include:
*    Onshore (in the United States):  hourly rates range from   
      $25-250 per hour
*    Near shore (Ireland, Philippines):  $15-75 per hour
*    Offshore (India, Romania, Pakistan):  $5-25 per hour
*    Further offshore:  Cheapest, but there are tradeoffs and
     additional issues

Other location-related considerations include:
*    Copyright issues:  As most third world countries lack enforceable copyright laws, it's important to identify a country with effective intellectual property and copyright laws.  An alternative is to split your project into pieces so no one supplier has the full project. (More ...)
eHub's Sponsor Spotlight
fowler white We are pleased to present this month's Entrepreneurs' Hub spotlight sponsor, Fowler White Boggs. Providing comprehensive legal services to clients for nearly 70 years, Fowler White Boggs P.A. is one of Florida's most respected law firms. The firm is internationally connected with a Florida focus with 140 attorneys in five offices located in Tampa, Fort Myers, Tallahassee, Jacksonville, and Fort Lauderdale.

Fowler White understands that every client is unique. The firm's strength is working with clients to understand their individual needs, tailoring services to fit those needs, and connecting clients with resources in the firm's network.

The Emerging Companies and Private Capital Group assists companies at various stages of development.  Experienced legal counsel advise start-up and emerging companies on a broad range of issues including legal structure and related tax consequences, global protection of intellectual property rights and technology interests, compensation programs, incentive plans, biotechnology law, labor and employment law, mergers and acquisitions, and all types of equity and debt financing transactions. Intellectual property, securities and tax lawyers work closely with companies to structure transactions in the most beneficial way.

Federal Defense & Technology Showcase Offers Defense Contracting Opportunities
FDTS Local firms interested in defense industry contracting should plan to attend the 2012 Florida Defense & Technology Showcase September 17-19 at Sheraton Sand Key on Clearwater Beach.

Now in its sixth year, the program for subcontractors and defense industry contractors is presented by Tampa Bay Innovation Center and Florida Federal Contractors Association (FFCA) and hosted by Congressman C.W. Bill Young.

The reverse trade show on September 18 allows subcontractors to exhibit and meet defense industry contractors looking for new suppliers.  A targeted "matchmaking" event that afternoon will match participating prime contractors with exhibiting suppliers based on the purchasing and supply needs of the prime contractors.

The three-day program begins with a private reception at the Clearwater Marine Aquarium on Monday, September 17, limited to invited guests and gold-level event sponsors.  Tuesday, September 18 is the Showcase with events described above, a luncheon presentation and networking reception.  For the second year, a golf tournament will be held on the third day, Wednesday, September 19, at Belleair Country Club.   

Registration and sponsorship information for the event are available on the Showcase website,  For more information, contact contact Jen Suereth, Tampa Bay Innovation Center, at or 727-547-7340

new TECH Talk LOGOThe August TECH Talk presentation will be held Tuesday, August 14, 2012 from 8:30-10:30 a.m. at Microsoft Headquarters offices, 5426 Bay Center Dr., Suite 700, Tampa. Chuck Papageorgiou, managing partner of Ideasphere Consulting, will discuss challenges business owners and entrepreneurs face when trying to decide between the need to generate profits and the need to fund growth in "Profit or Growth:  A Fool's Choice."  Ideasphere Consulting focuses on helping companies achieve the results they need to fuel growth, get "unstuck" from plateaus and evolve to a new position in the marketplace.

Presented by Tampa Bay Innovation Center as part of the eHub, TECH Talk is the area's premier networking and education event developed specifically to meet the interests of the local technology community.  Attendees include new and start-up technology companies, as well as entrepreneurs and those interested in the growth and success of technology innovation and entrepreneurism in the Tampa Bay area.

If you haven't yet attended TECH Talk, we hope you'll put this on your calendar. There is no fee to attend, but space is limited. Click here to register.
StartUp Xchange
Have you defined your target markets?  What financing options are available? How do you protect your ideas? Are you ready to bring in partners or investors?  Have you defined your value proposition?    Attend our monthly StartUp Xchange to access Tampa Bay Innovation Center mentors who are available to answer your questions as you navigate your entrepreneurial journey.   
August mentors are Mike Eitler, business consultant, Group 125 LLC, Chris Paradies, Intellectual Property Attorney, Fowler White Boggs, and Travis Milks, venture capitalist, Stonehenge Capital Company, LLC.
Presented by Tampa Bay Innovation Center as part of the eHub, StartUp Xchange is an informal monthly gathering of entrepreneurs, innovators and Innovation Center mentors who are available to share their advice and experience to help further your idea or start-up. Learn more at   

DATE: Wednesday, August 22, 2012  
TIME: 5-7 p.m.  
LOCATION: Wood Fired Pizza, 2822 E. Bearss Ave., Tampa, FL 33613    
COST: No charge; refreshments are the responsibility of each attendee  

Innovators Digest
In case you missed them, here are some recent articles and blog posts for innovators and entrepreneurs.  

Getting (Big) Things Done
By Chris Mittelstaedt for 
For too long you've served as Chief Fire Extinguisher. It's time to step back and start working on building your business.(More...)
5 Sure Signs a Startup Firm Will Succeed
By Cheryl Conner for 
This list gives you five key signs that your business is on its way to success. Keep these in mind when you're coming up with your business plan.(More...)

Must Read Books to Fuel Your Summer - And Your Startup
By Lauren Cannon for
Successful startup founders and business professors share their list of books with the best startup help for young entrepreneurs.

Finding the Right Mentor to Help Grow Your Business
By Brad Sugars for
Acquiring knowledge from the right advisor may be the key to growing your business. (More...) 

Based in Largo, Florida, Tampa Bay Innovation Center is an innovation and entrepreneurship center that assists emerging and entrepreneurial technology companies in accelerating their success.
If you'd like to learn more about our services, click here
for our website, email us or call 727-547-7340.

Tampa Bay Innovation Center
7887 Bryan Dairy Road, Suite 220
Largo, FL 33777

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