Portfolio company Intecrowd was recently in the news in a Q/A article with Palm Beach Tech. One of the interesting comments in the article was the following:
"One of the most interesting things you mentioned that may surprise a lot of Floridians is that Intecrowd has managed to gain most of its funding from within Florida. Companies tend to think that they need to go to Silicon Valley, New York, or elsewhere, but you’ve proven that Florida is and can be a great resource.
Yes, almost all of our funding so far has come from Florida investors. The Florida Institute for Commercialization and Research (FICPR) (http://www.florida-institute.com/) and the FAN Fund (http://www.thefan.fund/) have been very supportive. Additionally, there are many investors who live in Florida who either have their businesses here, or who have retired and moved here. There are many retired Corporate Executives in Florida who have money and who are now investors."