2012-11-15T12:52:03-06:00 2012-06-30 650406502 DASZKAL BOLTON LLP 2401 NW BOCA RATON BLVD BOCA RATON FL 334316639 990 2011-07-01 900348486 INSTITUTE FOR COMMERCIALIZATION OF PUBLIC RESEARCH INC INST 5613688889 3651 FAU BLVD NO 400 BOCA RATON FL 33431 JANE TEAGUE 5613688889 2012-11-15 1 KEVIN E REYNOLDS P00178156 5613671040 2011 2016-02-24 21:20:13Z X JANE TEAGUE 3651 FAU BLVD SUITE 400 BOCA RATON FL 33431 10032576 0 X WWW.FLORIDA-INSTITUTE.COM X 2007 FL PROMOTING ECONOMIC DEVELOPMENT THROUGH THE COMMERCIALIZATION OF NEW DISCOVERIES. 5 5 0 0 0 0 3000000 10000000 0 23576 0 0 0 9000 3000000 10032576 2834657 87611 0 0 62111 204595 0 0 0 198388 369570 3095156 661776 -95156 9370800 1936956 10327583 1443641 463468 493315 9864115 X THE INSTITUTE'S MISSION IS ECONOMIC DEVELOPMENT THROUGH THE COMMERCIALIZATION OF NEW DISCOVERIES GENERATED FROM PUBLICLY FUNDED RESEARCH. SUCCESS IS MEASURED BY THE NUMBER OF COMPANIES AND JOBS THAT ARE CREATED, AND THE AMOUNT OF CAPITAL INVESTED INTO NEW VENTURES. 1 0 29477 87611 0 CONSISTENT WITH THE STATE'S TARGETED INDUSTRY CLUSTER STRATEGY, THE INSTITUTE MATCHES COMMERCIALLY VIABLE TECHNOLOGIES WITH EXPERIENCED MANAGEMENT (ENTREPRENEURS IN RESIDENCE OR "EIRS") AND CAPITAL TO CREATE NEW STARTUP COMPANIES BASED ON PUBLICLY FUNDED RESEARCH. THIS YEAR, THE INSTITUTE CONTINUED TO ADMINISTER THE FLORIDA RESEARCH COMMERCIALIZATION MATCHING GRANT PROGRAM WHICH WAS LAUNCHED IN 2010 WITH A $3,000,000 STATE APPROPRIATION. THE PROGRAM PROVIDED MATCHING FUNDS TO COMPANIES WHO HAD WON OR WERE SEEKING FEDERAL SBIR OR STTR GRANTS. THIS YEAR THE INSTITUTE GRANTED $87,611 IN FUNDING TO PREVIOUSLY AWARDED COMPANIES, WHILE CONTINUING ITS CORE PROGRAM. 560058 32576 THROUGH A NEW $10,000,000 ALLOCATION, THIS YEAR THE INSTITUTE LAUNCHED ITS SEED CAPITAL ACCELERATOR PROGRAM WHICH PROVIDES LOANS RANGING BETWEEN $50,000 AND $300,000 TO EARLY STAGE STARTUP COMPANIES BASED ON PUBLICLY FUNDED RESEARCH THAT IT SUPPORTS. COMPANIES MUST MATCH INSTITUTE FUNDING WITH PRIVATE ANGEL INVESTMENT. THE INSTITUTE FUNDED FIVE COMPANIES FOR A TOTAL OF $1,280,000 AND APPROVED NINE OTHERS FOR FUNDING. 589535 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 FL X X JANE TEAGUE 5613688889 3651 FAU BLVD SUITE 400 BOCA RATON FL 33431 RHYS WILLIAMS 1.00 X X 0 0 0 DAVID DAY 1.00 X X 0 0 0 BEAU FERRARI 1.00 X X 0 0 0 HAL VALECHE 1.00 X 0 0 0 JOHN FRASER 1.00 X 0 0 0 JANE TEAGUE 40.00 X 44423 0 0 JAMIE GROOMS 40.00 X 62820 0 0 107243 0 0 0 0 0 0 0 10000000 10000000 SCAP LOAN INTEREST INC 522291 21230 21230 SCAP LOAN CLOSING FEES 522291 2346 2346 23576 MISCELLANEOUS INCOME 561000 9000 9000 9000 10032576 32576 0 0 87611 87611 107244 95555 11689 64629 52451 12178 22803 19382 3421 9919 6802 3117 126000 114900 11100 83671 75304 8367 23850 19080 4770 40000 40000 11164 7530 3634 6792 6113 679 6171 5554 617 22785 20057 2728 15340 12272 3068 2172 1738 434 3191 2871 320 2797 210 2587 RECRUITING FEES 17540 15628 1912 MEALS & ENTERTAINMENT 4807 3846 961 PRINTING & POSTAGE 2646 2116 530 DUES & SUBSCRIPTION 644 515 129 661776 589535 72241 0 907568 6312024 1021285 2695785 1520 4337 21542 8835 6583 12707 0 1301230 0 1500 1936956 10327583 895 52050 1440924 366242 29654 1822 15522 1443641 463468 X 493315 9864115 493315 9864115 1936956 10327583 9370800 0 X 0 1 1 X 0 X 900000 605000 3000000 10000000 14505000 900000 605000 3000000 10000000 14505000 14505000 23576 23576 9000 9000 14537576 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: MISCELLANEOUS INCOME IS FEES FROM THE GAINSEVILLE CHAMBER OF COMMERCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40000 40000 621776 661776 124266 31067 0 0 304758 124266 429024 643536 25000 40000 65000 76190 31067 107257 160886 21542 8835 12707 12707 SEED FUNDING LOANS RECEIVABLE 1280000 C SEED FUNDING LOANS INTEREST RECEIVABLE 21230 C 1301230 DUE TO ENTERPRISE DEVELOPMENT CORPORATION OF S FL 14984 INTEREST PAYABLE 538 15522 10032576 661776 9370800 9370800 10000000 0 10000000 32576 32576 10032576 661776 0 661776 0 661776 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INSTITUTE ADOPTED THE PROVISIONS OF FASB ASC 740: INCOME TAXES. THE INSTITUTE RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF JUNE 30, 2012, THE INSTITUTE HAS NO LIABILITIES FOR UNCERTAIN TAX POSITIONS. THE INSTITUTE CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XII, LINE 4B, OTHER INCOME INCLUDES SEED FUNDING LOAN INTEREST INCOME, FEE INCOME, AND OTHER MISCELLANEOUS INCOME. 1 CAPTOZYME 5745 SW 75TH STREET 298 GAINESVILLE FL 32608 270329516 25000 CAPTOZYME IS A BIOTECHNOLOGY COMPANY DEDICATED TO DEVELOPING NUTRACEUTICAL DRUGS FOR THE TREATMENT AND/OR PREVENTION OF OXALATE-RELATED CONDITIONS IN BOTH HUMANS AND DOMESTIC ANIMALS, AS WELL AS PROVIDING OXALATE DEGRADING ENZYMES TO THE PULP, BEER AND FOOD INDUSTRY TO PREVENT THE BUILDUP OF CALCIUM OXALATE DURING PROCESSING. WIOPTIX INC 1124 SW 90TH TERRACE GAINESVILLE FL 32607 263793804 37500 WIOPTIX INC OFFERS A PORTFOLIO OF INNOVATIVE MICROELECTROMECHANICAL SYSTEM (MEMS) TECHNOLOGY AND PROPRIETARY MINIATURE OPTICAL IMAGING PROBE DESIGNS THAT CAN BE WIDELY USED IN VARIOUS ENDOSCOPIC IMAGING APPLICATIONS FOR EARLY CANCER DIAGNOSIS, IMAGING-GUIDED TUMOR/CANCER SURGERY, AND CANCER THERAPEUTIC TREATMENT MONITORING. ACCELOGIC LLC 1633 BONAVENTURE BLVD WESTON FL 33326 202678006 61250 ACCELOGIC SPECIALIZES IN THE EXTREME ACCELERATION OF SCIENTIFIC SOFTWARE THROUGH COMPUTATIONAL METHODS OPTIMIZED FOR MASSIVELY-PARALLEL SUPERCOMPUTERS AND FIELD-PROGRAMMABLE GATE ARRAYS (FPGAS). ARCHIEMD INC 3600 FAU BLVD STE 201 BOCA RATON FL 33431 510426884 61222 ARCHIEMD, INC. DEVELOPS EDUCATION SOFTWARE FOR THE GENERAL PUBLIC AND MEDICAL PROFESSIONALS INCLUDING A COMPREHENSIVE BODY OF 3D LIFE SCIENCE MODELS AND VISUALIZATIONS. ATGI 309 SE OSCEOLA ST STE 206 STUART FL 34994 650618851 122500 ATGI IS AN INDEPENDENT, PRIVATELY HELD ENGINEERING RESEARCH AND DEVELOPMENT FIRM AND WAS FORMED TO MEET THE NEEDS OF GOVERNMENT AND PRIVATE-SECTOR CLIENTS WITH TECHNOLOGICAL CHALLENGES THAT DEFY CONVENTIONAL SOLUTIONS. CONVERGENT ENGINEERING 107 SW 140 TERRACE SUITE 1 NEWBERRY FL 32669 271793292 60693 CONVERGENT ENGINEERING FOCUSES ON THE APPLICATION OF ADVANCED TECHNOLOGY, SIGNAL PROCESSING, AND ARTIFICIAL INTELLIGENCE TO BIOMEDICAL APPLICATIONS. ECLIPSE ENERGY SYSTEMS INC 2345 ANVIL STREET NORTH ST PETERSBURG FL 33710 593269075 122500 ECLIPSE ENERGY SYSTEMS, INC. PROVIDES CUSTOMERS WITH UNIQUE SOLUTIONS TO A BROAD RANGE OF TECHNICAL CHALLENGES. KNOWLEDGE AREAS INCLUDE: MATERIAL SCIENCE, CHEMISTRY AND ENGINEERING. KEYSTONE SYNERGISTIC ENTERPRISES INC 644 NW ENTERPRISE DR UNIT 118 PORT SAINT LUCIE FL 34986 651136876 60282 KEYSTONE SYNERGISTIC ENTERPRISES, INC. IS A HIGH-TECHNOLOGY CORPORATION SPECIALIZING IN THE DEVELOPMENT AND DEPLOYMENT OF ADVANCED METALS AND MATERIALS PROCESSING TECHNOLOGIES FOR THE AEROSPACE, MARINE, AND OIL AND GAS INDUSTRY SECTORS. OPTIGRATE CORPORATION 3267 PROGRESS DRIVE ORLANDO FL 32826 522197299 122500 OPTIGRATE CORPORATION DESIGNS AND MANUFACTURES A FULL RANGE OF VOLUME BRAGG GRATINGS (VBGS) IN INORGANIC PHOTOSENSITIVE GLASS AND SEVERAL TYPES OF HIGH POWER LASER SYSTEMS. RINI TECHNOLOGIES INC 582 SOUTH ECON CIRCLE OVIEDO FL 32765 593465749 183750 RINI TECHNOLOGIES, INC. PROVIDES INNOVATIVE SOLUTIONS TO THE TOUGHEST THERMAL MANAGEMENT CHALLENGES. RINIS CORE TECHNOLOGY AREAS INCLUDE; MINIATURE REFRIGERATION, EVAPORATIVE SPRAY COOLING AND THERMAL ENERGY STORAGE FOR MILITARY AND OTHER APPLICATIONS. SELF-DETERMINED HEALTH INC 814 DEER WOODS ROAD CELEBRATION FL 34747 261521063 94986 SELF-DETERMINED HEALTH, INC. PROVIDES PRODUCTS AND SERVICES THAT IMPROVE PATIENT HEALTH, AND LOWER HEALTH CARE COSTS. THE FOCUS OF THIS PROGRAM IS DEVELOPMENT OF DISEASE SELF-MANAGEMENT TOOLS SUCH AS THE INTERACTIVE CHOLESTEROL ADVISORY TOOL (ICAT). SINMAT INC 1912 NW 67TH PLACE GAINESVILLE FL 32653 593645729 61250 SINMAT, INC. DEVELOPS ADVANCED PLANARIZATION ENABLED TECHNOLOGIES, MANUFACTURING PROCESSES, ENGINEERED SUBSTRATES, AND SEMICONDUCTOR DEVICES WHICH ENABLE HIGHER PERFORMANCE AND LOWER COST MANUFACTURING OF SEMICONDUCTOR DEVICES. STRUCTURAL COMPOSITES INC 7705 TECHNOLOGY DRIVE MELBOURNE FL 32904 592871692 61250 STRUCTURAL COMPOSITES PROVIDES PRODUCTS AND SERVICES TO THE GOVERNMENT AND PRIVATE INDUSTRY INCLUDING R&D, LABORATORY TESTING, MANUFACTURING TECHNOLOGY DEVELOPMENT, PRODUCT DEVELOPMENT, ENGINEERING SERVICES, TRAINING AND CONSULTING. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: WHEN THE APPLICANTS APPLIED FOR FUNDING THROUGH COMMERCIALIZATION MATCHING GRANT PROGRAM, THEY INCLUDED BUDGETS THAT ALIGNED WITH THEIR PROPOSED SCOPES OF WORK. THE INSTITUTE THEN ENTERED INTO CONTRACTS WITH EACH OF THE THIRTEEN GRANTEES, AND PER THE CONTRACTS THE GRANTEES ARE REQUIRED TO REPORT TO THE INSTITUTE, ACCORDING TO SPECIFIC SCHEDULES, ON FUNDS EXPENDED AND MILESTONES MET. IF THE INSTITUTE HAS QUESTIONS ABOUT THE INFORMATION CONTAINED IN THE REPORTS, IT CONTACTS THE GRANTEE FOR CLARIFICATION, AND FUNDS ARE NOT PAID TO THE GRANTEE UNLESS THE INSTITUTE IS SATISFIED THAT THE DELIVERABLES HAVE BEEN MET AND THE SPENDING IS IN ACCORDANCE WITH THE PLAN. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 A SEED CAPITAL ACCELERATOR PROGRAM WAS INSTITUTED THIS YEAR. SEE LINE 4B FOR COMPLETE DESCRIPTION. FORM 990, PART VI, SECTION A, LINE 7A A BOARD OF DIRECTOR MEMBER ORGANIZATION HAS THE POWER TO APPOINT A MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THAT MIGHT EXIST WITH THE COMPANIES THAT THE ORGANIZATION ASSISTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG.