Wednesday's Afternoon Update
From car lots to city budgets, cheap oil means change
In ways large and small, plummeting oil prices are now reverberating through businesses, towns, schools and family budgets, causing confusion and changing plans. With prices having fallen by nearly half in just six months, the potential impact has been sudden and wide ranging. More at the AP.
UF to build new $15 million indoor football practice facility
Having lost ground to comparable SEC rivals in some of its football facilities, Florida announced today it will build a $15 million indoor football practice facility on campus - located on the site of the current Sanders Football Practice Fields. More from FOX Sports, the Tampa Bay Times, and the Orlando Sentinel.
Incubators for agriculture help Gainesville area thrive
Florida’s 47,500 farms produce nearly 300 different commodities on more than 9 million acres of land. The Florida agriculture industry employs 2 million people and contributes more than $104 billion to our state’s economy each year. More at the Gainesville Business Report.
10 people who will destroy your business
If you want to build a great business, you have to be very deliberate about whom you let into it. Emotions and behaviors may circulate through social networks in patterns similar to what’s seen in epidemiological models of the flu virus. More at Entrepreneur.
Orlando ranks 40th in U.S. for 2014 venture investments
The Orlando area ranked No. 40 in the U.S. for venture capital investment, with a total of just over $100 million in investment, according to a new list released Tuesday. Orlando ranked higher than Cleveland, but lower than Detroit on the list. More at the Orlando Sentinel.