[SatNews] A new initiative should help this agency's investment procedures for selected cluster companies...

The I2 Capital Acceleration Program (www.i2Florida.com) has added 10 members to its Qualification Review Board. I2 (which stands for "Igniting Innovation") is the latest technology-based economic development initiative led by Space Florida and the Technological Research and Development Authority (TRDA) to help stimulate higher levels of investment in Florida's key technology cluster companies. The I2 Review Board members will serve until the program's completion later this year. The new Board is tasked with assessing the readiness of applicant businesses for potential State and private investment. Once approved by Space Florida, the companies recommended by the Qualification Review Board will receive intensive mentoring and commercialization services, and present their business plans at the I2 Capital Acceleration Program Showcase on September 7, 2011 at the Radisson in Port Canaveral, Florida. The Qualification Review Board will be supported in the company review and selection process by serial entrepreneurs Kirstie Chadwick and Doug Hilmes of Growth Innovators. Companies selected to present and exhibit will have products or services related to Florida’s aviation, aerospace, defense, homeland security, clean tech, alternative energy, biotech, life science, information technology and telecommunications industries.