Miami Tech & Startup News

5 things to know in #MiamiTech: Opportunity knocks plus startup news to note

5 things to know in #MiamiTech: Opportunity knocks plus startup news to note


1 Applications open for Early Stage Capital Conference 

Pitch season is upon us, even though it’s virtual this year.  

The Florida Venture Forum announced that its 2020 Early Stage Capital Conference will take place virtually on October 14-15 and is calling for presenters.

The Forum is calling for startups within and outside the state to apply to present here. Presenter applications will be reviewed and companies chosen by a selection committee made up of active angel and early stage equity investors.

In addition to the opportunity to present, selected presenting companies with a focus on space-based technologies or developing technologies that may have space-related applications will be eligible to compete for the Accelerating Innovation (AI) Award, offered by Space Florida. The AI Award offers cash prizes totaling $100,000 (first place prize is $40K)  to eligible Florida companies and out-of-state companies seeking to relocate or establish a presence in Florida or have contributed via the supplier network to the advancement of the space program in Florida.

Selected presenters will not be charged a registration fee to attend or present at the conference. The deadline to apply is Sept. 17.

Find out more and apply here.

2 Opportunity knocks: The lowdown on early stage term sheets

In a new workshop on Aug. 18, TheVentureCity is presenting Term Sheets for Early Stage Startups.

The workshop will cover:

  • What is a Term Sheet and the Pros and Cons of Using One
  • Key Terms for Seed, Bridge, and Series A Financings
  • Negotiation Tactics and How to Identify Leverage
  • Closing the Deal.

You’ll come away from this workshop with some sample terms and languages, as well as the knowledge you need to start having confident conversations with potential investors.

The workshop will be at 11 am on Aug. 18 and the instructor is Jessica Shraybman, founder and managing partner of Shraybman Law. 

Register here:

3 WeWork closing Lincoln Road location

With hundreds of thousands in unpaid rent mounting,  WeWork is leaving Lincoln Road and will be consolidating its two Miami Beach locations into one, according to The Real Deal.

WeWork notified its members at 350 Lincoln Road in Miami Beach that it was closing the 40,000 square foot space effective Aug. 14. Members were offered a move to the WeWork location at 429 Lenox Avenue in Miami Beach. 

As the co-working chain retrenches nationally, WeWork will have seven remaining spaces in the Miami area.

4 Startup news: Nearpod launches video platform

South Florida ed-tech startup Nearpod launched a new interactive video platform. This expansion allows educators to bring the interactive elements Nearpod is known for into videos, accommodating the changing needs of students and educators nationwide. The company is also introducing Nearpod Originals, a series of proprietary interactive videos.

Educators can choose from more than 1,000 curated videos with assessments already built-in. In addition to videos from trusted education publishers such as CrashCourse, BBC, LearnZillion, and Common Sense Education, the company now offers Nearpod Originals designed for grades K-12 and  featuring diverse, relatable characters and supports research-based instructional approaches. Teachers can also search YouTube within the Nearpod app or upload their own videos and make them interactive.

 “With this launch, we’re streamlining lesson creation for teachers during a particularly stressful time while bringing even more opportunities for teachers to create engagement and support every single student,” said Pep Carrera, CEO of Nearpod. 

5 Ultimate Software workplace ranked high by millennials

Ultimate Software ranked No. 3 on Fortune and Best Workplaces for Millennials list for 2020. This marks Ultimate’s fourth consecutive year to rank in the top 3 on the list, which recognizes 100 companies with high-trust cultures offering millennials fulfilling and meaningful work, abundant opportunities for career development, extraordinary benefits, and positive employee experiences at all levels of the organization.

 Ultimate provides benefits include 100%-company-paid healthcare premiums (medical, dental, and vision) for employees and their families, including coverage for IVF treatments and gender reassignment surgery; paid leave for mothers (10 weeks), fathers (4 weeks), and parents adopting children (10 weeks), as well as $10,000 (per child, up to 2 children) in financial assistance to help cover the legal costs of adoption; a 45% dollar-for-dollar company match on all employee 401(k) contributions, with no cap, up to federal limits; unlimited PTO, so employees can take time away from work to relax and recharge; and 3 paid service days every year to spend time volunteering.

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