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

FairCom Joins IoT Evolution Expo 2022 as a Platinum Sponsor

By: TMCnet News    12/7/2021

TMC and Crossfire Media today announced FairCom has signed on as a Platinum sponsor for IoT Evolution Conference and Expo which is held February 8-11,…

Read More

IoT Security: Still a Problem

By: Gary Audin    11/30/2021

Poor IoT device security stems results from manufacturers' goal to keep price points low. Security is considered an unnecessary overhead. The limited …

Read More

BrainChip Announces Partnership With MegaChips

By: Luke Bellos    11/26/2021

BrainChip Holdings and MegaChips announced a new business partnership, allowing MegaChips developers to utilize the Akida processing platform to devel…

Read More

Pandemic Puts Industry 4.0 in Perspective

By: Maurice Nagle    11/22/2021

Industry 4.0 is no longer a point on a compass, or a catchy buzzword, analysts inflate. It is taking flight on wireless technology. Richardson RFPD, A…

Read More

Twinning and Winning: Two Experts Duke Out the Definitions and Potential of Digital Twin Technology

By: Matthew Vulpis    11/19/2021

Last week, two top experts in the field virtually came face-to-face in the "Digital Twin SMACKDOWN" in the first episode of ZEDEDA's Transform Digest …

Read More