Menu

IoT FEATURE NEWS

SunTrust Foundation Awards $50K Grant to Support Innovation

By

According to a recent announcement, Synapse, an accelerator for innovation in Florida, is the recipient of a $50,000 grant from the SunTrust Foundation – Tampa/Southwest Florida, to support future Synapse Challenges.

Synapse Challenges are a crowdsourcing solution for organizations to solve real-world problems and create opportunities for students, entrepreneurs, investors, and forward-thinking businesses. The benefits are two-fold: companies find inventive solutions and options more quickly and cost-effectively while challenge participants apply their knowledge and talent practically to create new products and services, as well as advance career opportunities.

According to Brian Kornfeld, Synapse President and Co-founder, “The Synapse Challenges ignite and fuel the talented people within our innovation communities throughout Florida. We’re tapping into amazing ideas and technologies by connecting companies with creative teams of students, innovators, and startups.”

The SunTrust Foundation is aligned with SunTrust Bank’s mission of “Lighting the Way to Financial Well-Being.” The $50,000 grant provided to Synapse reportedly will be used to support financial education, career readiness and small business/entrepreneurship through the Synapse Challenges.

Synapse Challenges have produced technology solutions for companies including Metropolitan Ministries, ConnectWise, Metro Development Group, Blockspaces, and Hashed Health. 


The IoT Evolution Expo, and collocated events, IoT Evolution Health, LPWAN Expo, The Smart City Event, and IIoT Conference, will take place Jan. 29 to Feb 1 in Ft. Lauderdale, Florida. Visit IoTEvolutionExpo.com to register now.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

IoT Time Podcast S.5 Ep.12 Sigfox USA

By: Ken Briodagh    3/26/2020

In this episode of IoT Time Podcast, Ken Briodagh sits down with Jeremy Prince, President, Sigfox USA, to talk about how you can scale IoT networks an…

Read More

KORE Announces Evolution of its Vertical Market IoT Strategy

By: Ken Briodagh    3/26/2020

KORE, the independent IoT company, recently unveiled its new vertical market strategy, and the company's mission to help brands deploy, manage, and se…

Read More

COVID-19 Could Expose the Cloud's Limits, Says GlobalData Study

By: Ken Briodagh    3/24/2020

COVID-19 (or Coronavirus) is likely to be the most impactful thing to affect the technology industry in 2020.

Read More

Momentum IoT and Skyboss Announce Partnership to Streamline Field Service and Reduce Overhead

By: Ken Briodagh    3/24/2020

Momentum IoT and Skyboss have announced a new formal partnership between the two companies.

Read More

Industrial Internet Consortium Announces Software Trustworthiness Whitepaper

By: Ken Briodagh    3/24/2020

IIC offers guidance to improve the safety, security, privacy, reliability and resilience of software for IIoT systems

Read More