We know that some students don’t want to go work for a company, they want to start their own. So we created FIEA Ventures. FIEA Ventures is a state-of-the-art digital media workspace designed for encouraging start-up companies in a creative environment. The program is available exclusively to FIEA alumni and is located at UCF’s Center For Emerging Media, in downtown Orlando.
The 5,000-square-foot space provides start-ups with office and meeting space, a 20-seat theater, mentorships, equipment, and access to technology and expertise. Tenants also have access to the building’s audio, motion capture and films studios, collectively called Studio 500.
Companies and individuals are picked using a thorough application and pitch process where clients detail their concept, technology needs, potential staffing, market prospects and business plan. Once accepted, the company can stay in FIEA Ventures for up to two years.
Clients also get access to CEM’s faculty and staff, who provide help with development and access to industry partners. Some of the first clients to come into FIEA Ventures will be working on video games, animated film, simulation and mobile and web products.
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FIEA Ventures Fast Facts
Expanding on UCF’s successful graduate program the Florida Interactive Entertainment Academy, FIEA Ventures provides FIEA alumni opportunities to accelerate startup ideas and entities within the Center For Emerging Media. Co-located with FIEA allows entrepreneurs to work in an energetic atmosphere with state-of-the-art facilities and equipment.
- 5,000 sf venture lab with concept & conference rooms
- 20-person theatre for film & cinematic presentation
- Access to equipment, network and Studio 500 stages
- Access to FIEA presentations and speaker series
- Access to UCF Business Incubator Program services