The incubator will open this fall at
It will be part of
"All great cities have a proportion of college students and recent grads downtown. It creates energy and sustainability," FIEA executive director
FIEA graduates who want to launch a startup company can work in the new incubator for a year. In exchange, the university takes a 5 percent equity stake in the startup, said Noel, a former vice president from
He said the incubator could end up at the new UCF campus in the planned multi-use complex known as
The plan adds to growing momentum for the tech startup industry in downtown
Catalyst is about 7,000 square feet and has a broader focus on entrepreneurs. Another shared work space called Canvs, at 17,000 square feet, is set to open in the next month. Canvs founders are aiming to keep that space focused on tech startups in general.
That trend is being noticed all over
At first, the new program will be available only to FIEA alumni. Noel said the incubator may consider taking in graduates from other programs later.
The 5,000-square-foot incubator will provide office and meeting space, a 20-seat theater, mentors, equipment and access to technology.
"As the No. 2 ranked graduate school for game development, FIEA is an anchor for the
"FIEA's success in developing graduates for high-wage, local industries has increased entrepreneurship, and this new program will place our recent graduates in a perfect atmosphere to start a successful small business," Noel said.
UCF's FIEA program has been recognized as one of the top graduate schools in the country for video game development. The entire four-semester program costs about
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