4 things to know in #MiamiTech this week: 2 startups in the news and 2 new resources for founders


1 ModMed moving burgeoning headquarters to historic IBM site.

One of South Florida’s fastest-growing and most innovative companies is opening its new headquarters on the site where the personal computer was born, the Sun Sentinel reported. Modernizing Medicine, a healthcare-technology company, is leasing 100,000 square feet in the former IBM building at 4850 Network Way in Boca Raton. Founded by serial entrepreneur Dan Cane and Dr. Michael Sherling in 2010, Modernizing Medicine now employs more than 800 people. “We’re connecting the innovation of the past with the innovation of today. This is a building where people had the freedom and capacity to think big about the future,” Cane told the Sun Sentinel. Parts of the offices will be named after IBM innovations, including its Simon conference room, named for the world’s first smartphone created by IBM in the early 1990s. See photos here.

2 JetSmarter is in a tailspin, according to CNBC report.

Fort Lauderdale-based JetSmarter, once a high-flying unicorn and the Uber for jets, has left a trail of angry customers, 13 lawsuits, mounting losses and concerns over security in its wake, according to a CNBC investigative report. While CEO Sergey Petrossov and JetSmarter reject “any allegations of fraud or ‘bait-and-switch’ tactics,” it has recently pivoted its business model angering parts of its membership and faces multiple business challenges, said the report published on Thursday.

3 Miami Bayside Foundation selected to administer Florida’s black business loan program.

MBF, together with Florida’s Department of Economic Opportunity, is administering the Black Business Loan Program, a resource for African-American-owned businesses in Miami-Dade County seeking funding and startup aid, the South Florida Business Journal reported. MBF will host multiple free workshops in the coming months and an application and more information is available on the MBF website here. The non-profit MBF has awarded millions in loans and technical assistance to hundreds  of minority-owned small businesses in Miami.

4 Next bootcamp announced by 500 Startups Miami.

500 Startups Miami’s next Miami bootcamp, Devil’s in the Details: Finance & Legal, will take place  Feb 5-6 at its downtown Miami Miami offices. The free bootcamp, which aims to help startups build a strong foundation to prepare for a capital raise,  is for tech startup founders in pre-seed, seed and post-seed stages that have not yet raised a Series A or equity round; it’s strongly recommend that the CEO, CFO and COO participate. The bootcamp will be capped at 20 startup teams. Apply here by Jan. 21.
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Nancy Dahlberg