2011-11-15T13:39:55-06:00 2011-06-30 DASZKAL BOLTON LLP 2401 NW BOCA RATON BLVD BOCA RATON FL 334316639 990 2010-07-01 900348486 INSTITUTE FOR COMMERCIALIZATION OF PUBLIC RESEARCH INC INST 5616208494 3701 FAU BLVD NO 210 BOCA RATON FL 33431 JANE TEAGUE 5616208494 2011-11-15 1 KEVIN E REYNOLDS 5613671040 2010 2016-03-07 17:11:31Z JANE TEAGUE 3701 FAU BLVD SUITE 210 BOCA RATON FL 33431 3000000 0 X WWW.FLORIDA-INSTITUTE.COM X 2007 FL PROMOTING ECONOMIC DEVELOPMENT THROUGH THE COMMERCIALIZATION OF NEW DISCOVERIES. 4 4 1 0 0 0 605000 3000000 0 0 0 0 0 0 605000 3000000 0 2834657 0 0 193471 62111 0 0 0 286291 198388 479762 3095156 125238 -95156 592112 1936956 3641 1443641 588471 493315 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 2959713 2834657 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 WAS ENTRUSTED WITH A $3,000,000 ALLOCATION TO ADMINISTER THE FLORIDA RESEARCH COMMERCIALIZATION MATCHING GRANT PROGRAM WHICH PROVIDED MATCHING FUNDS TO COMPANIES WHO HAD WON FEDERAL SBIR OR STTR GRANTS. THE INSTITUTE GRANTED $2,834,657 IN FUNDING TO 13 COMPANIES, WHILE CONTINUING ITS CORE PROGRAM. 2959713 1 1 0 1 0 0 0 0 0 1 0 0 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 3 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 FL X X JANE TEAGUE 5616208494 3701 FAU BLVD STE 210 BOCA RATON FL 33431 X 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 JOHN FRASER 1.00 X 0 0 0 JANE TEAGUE 20.00 X 0 0 0 GARY KELLER 40.00 X 0 0 0 0 0 0 0 0 0 0 0 3000000 3000000 3000000 0 0 0 2834657 2834657 57432 57432 4679 4679 1495 1495 8000 8000 43714 43714 830 830 9778 9778 6486 6486 2560 2560 11173 9829 1344 MANAGEMENT FEES 111000 111000 MEALS & ENTERTAINMENT 1815 1815 PRINTING & POSTAGE 1035 271 764 OFFICE SUPPLIES 414 414 MISCELLANEOUS 88 88 3095156 2959713 135443 0 79181 907568 502284 1021285 1504 1520 12227 5644 9143 6583 592112 1936956 726 895 1440924 2915 1822 3641 1443641 X 588471 493315 588471 493315 592112 1936956 -95156 0 X X 0 1 1 X 0 X 900000 605000 3000000 4505000 900000 605000 3000000 4505000 4505000 4505000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25000 25000 3070156 3095156 304758 76190 0 0 304758 304758 457137 25000 25000 76190 76190 114285 12227 5644 6583 6583 DUE TO ENTERPRISE DEVELOPMENT CORPORATION OF S FL 1761 INTEREST PAYABLE 61 1822 3000000 3095156 -95156 0 -95156 3000000 0 3000000 0 3000000 3095156 0 3095156 0 3095156 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, 2011, 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. 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 12500 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 1830 MAIN STREET STE 204 WESTON FL 33326 202678006 122500 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 122444 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 4817 SW 34TH STREET STE 4 GAINESVILLE FL 32608 271793292 121387 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 698 SW PORT SAINT LUCIE BLVD STE 105 PORT SAINT LUCIE FL 34953 651136876 120564 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 61250 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 95280 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 2153 SW HAWTHORNE RD STE 124 BOX 2 GAINESVILLE FL 32641 593645729 122500 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 122500 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 THIS YEAR, THE INSTITUTE ADMINISTERED THE FLORIDA RESEARCH COMMERCIALIZATION MATCHING GRANT PROGRAM WHICH PROVIDED MATCHING FUNDS TO COMPANIES WHO HAD WON FEDERAL SBIR OR STTR GRANTS. THE INSTITUTE GRANTED FUNDING TO 13 COMPANIES. 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. AUDIT COMMITTEE AND OVERSIGHT FORM 990, PART XI LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSEEING THE AUDIT PROCESS AND THE PRESENTATION OF THE AUDIT REPORT. FORM 990, SCHEDULE I, PART II, LINE 1(D) $1,293,424 IN GRANTS TO ORGANIZATIONS HAS BEEN REPORTED ON SCHEDULE I. ACCORDING TO PAGE 10, PART IX LINE 1 $2,834,657 WAS CONSIDERED GRANTS AND ASSISTANCE PAID TO OTHER ORGANIZATION, THE DIFFERENCE HAS BEEN ALLOCATED TO BE PAID IN FUTURE YEARS AND WILL BE REPORTED ON THE SCHEDULE I IN THE YEAR IN WHICH THE CASH DISTRIBUTION IS MADE.