Business
Lake Nona Partners with leAD Sports to Create First-Of-Its-Kind Accelerator in The United States
Orlando, Fla. – Lake Nona, the award-winning, master-planned community in Orlando, Florida – one of America’s fastest-growing regions – announced today a partnership with leAD Sports, the premier sports venture ecosystem inspired by Adi Dassler, to create a new, cutting-edge accelerator designed to bolster technology start-up companies in Central Florida. This partnership marks the first time the Berlin-based leAD Sports will host an accelerator in the United States.
Known as the leAD Lake Nona Sports & Health Tech Accelerator, the accelerator will focus on “future of living” solutions covering three verticals: sports and health tech, smart cities, and the future of nutrition. The accelerator will allow a group of carefully-selected start-ups to take advantage of Lake Nona’s exclusive Verizon 5G broadband capacity enabling participants to test innovative solutions and support their 5G-powered businesses.
Juan Santos, Senior Vice President of Innovation at Tavistock, the Lake Nona developer
“We’re extremely excited to welcome leAD as a partner and create this one-of-kind environment that supports and enables innovators,“ said Juan Santos, Senior Vice President of Innovation at Tavistock, the Lake Nona developer. “Lake Nona has always been a place where ideas are imagined and tested. This new facility for tech start-ups featuring 5G technology within our existing wellbeing community creates a perfect ecosystem for the next great breakthrough that will transform how we live.”
Designed to attract the most promising early-stage tech start-ups from around the world, the leAD Lake Nona Sports & Health Tech Accelerator will drive growth for entrepreneurs through smart investment and expert mentorship in a complete environment that will allow participants to conceive, test, and implement their ideas during a six-month program.
Start-ups or entrepreneurs interested in joining the accelerator can click here for more information about the program. Applications are being accepted now by clicking here through April 30, 2020 and the program is scheduled to begin this summer. Each participant accepted to the program will receive a $75,000 pre-seed investment with 8% equity backed by the unique combination of leAD’s vast experience in seed investing and start-up programs, Tavistock’s investment legacy, and Lake Nona’s smart city landscape.
Christoph Sonnen, Co-Founder and CEO at leAD, Partner at ADvantage Sports Tech Fund
“Pioneers in using technology to create and promote a healthy lifestyle – obviously with sports playing a crucial role – Lake Nona couldn’t be a more perfect partner for our program expansion in the U.S.,” said Christoph Sonnen, Co-Founder and CEO at leAD, Partner at ADvantage Sports Tech Fund. “For us, it’s all about looking at the athlete – amateur, professional – on and off the court, with smart, forward-thinking solutions. We’re extremely excited to work together to empower the next generation of entrepreneurs that will shape how we live in the future.”
Entry to the accelerator will provide selected startups with accommodations, mentoring sessions, networking opportunities, and several investor pitch days. The accelerator will feature an onsite network of experts and mentors, exposure to strategic partners, counsel from venture capitalists and professional investors, and support in key areas including legal, intellectual property, and accounting to ensure entrepreneurs can successfully bring their ideas to market.
The leAD Lake Nona accelerator will be located within the new 16,000-square-foot Pixon MS2 innovation space that is currently under construction on the ground floor of the Pixon Apartment building. The Pixon MS2 space will provide a variety of different programs and resources to support tech start-ups in addition to being home of the leAD Lake Nona accelerator.
The new accelerator program is the latest example of Lake Nona’s commitment to cultivate innovation. As a wellness community home to Medical City, the U.S. Tennis Association National Campus, and Johnson & Johnson Human Performance Institute, Lake Nona’s established health and sports background provides an ideal setting for the accelerator to help entrepreneurs test their ideas in a real-life environment. Following the six-month program, burgeoning companies can stay local to take advantage of Lake Nona’s living lab and all of Central Florida’s entrepreneurial resources designed to support their growing businesses.
For more information, visit www.leadsports.com/lake-nona-accelerator.
DAVIE, Fla. (FNN NEWS) — A U.S. Marine Corps veteran and his family received a life-changing gift on June 11 when they were presented with a fully refurbished vehicle through the National Auto Body Council’s (NABC) Recycled Rides® program.
The donation was made possible through a partnership between vehicle donor Allstate, repair partner Crash Champions, and several industry sponsors. The presentation took place at Crash Champions’ Davie, Florida, collision repair center.
Veteran Receives Reliable Transportation
The recipient, Sergio Hernandez, was nominated by the Wounded Warrior Project, one of the nation’s leading veterans service organizations dedicated to supporting post-9/11 veterans, active-duty service members and their families.
Hernandez and his wife received a refurbished 2018 Toyota RAV4 donated by Allstate and restored by Crash Champions technicians.
“This vehicle is beautiful, super clean, just near mint,” Hernandez said. “Reliability is a huge thing. This will take a burden off our shoulders not having to worry about maintenance or any of the issues we were having with prior vehicles. I’m truly grateful for it.”
From Military Service to Civilian Life
Hernandez served in the United States Marine Corps beginning in 2015, with assignments in South Korea, Japan and the Philippines. During his service, he suffered a back injury that required extensive therapy and rehabilitation.
After leaving the military, Hernandez used GI Bill benefits to earn a bachelor’s degree in business management. However, transportation challenges remained a significant obstacle for his growing family.
With a non-operational vehicle and mounting repair costs, reliable transportation had become a pressing need. The donated vehicle will help Hernandez commute to work, attend family appointments and provide safe transportation for his wife and two young children.
Industry Partners Make a Difference
Allstate has donated more than 300 vehicles through the NABC Recycled Rides® program, making it one of the program’s largest vehicle donors.
Crash Champions has also played a major role, gifting more than 250 vehicles to individuals and organizations in need through the initiative.
Additional partners supporting the donation included Enterprise, Tire Kingdom, AutoZone, J&A Auto Restore, ATE, Advanced Remarketing Services, Copart and Cars for Charity.
Business
Orlando Regional REALTOR Association Event Highlights Orange County Growth, Housing Trends and Economic Outlook
ORLANDO, Fla. (FNN) — The Orlando Regional REALTOR Association (ORRA) hosted its second annual State of Real Estate event for Orange County on April 17, bringing together industry professionals, policymakers and community leaders to examine the region’s housing market and economic outlook.
Held at ORRA’s headquarters in Orlando, the event focused on the evolving dynamics of residential and commercial real estate across Central Florida. Discussions centered on housing affordability, economic growth and long-term regional development.
Speakers and Panelists
- Lawrence Yun — Chief Economist, National Association of REALTORS
- Maria Henson — Senior Director of Market Research & Insights, Visit Orlando
- Racquel Asa — Head of External Affairs, Central Florida Expressway Authority
- Amy Mercado — Property Appraiser, Orange County
- Chris Atwell — Moderator, 2026 ORRA President
Industry experts said Central Florida’s economy continues to grow, though at a more measured pace. While housing and stock market wealth remain near record highs, job growth is softening, consumer sentiment has declined and loan defaults are rising — creating a market shaped by mixed signals.
Panelists noted the housing market has shifted into a more stable phase compared to the rapid growth seen during 2020 and 2021, with more balance and sustainable conditions.
Despite short-term fluctuations, long-term fundamentals remain strong. Orange County’s tax base has grown significantly since 2023, while the broader Central Florida region has experienced a 23% population increase over the past decade, with more than 1,200 people moving to the area each week.
Infrastructure and tourism were also highlighted as key drivers of future growth. Officials pointed to major roadway investments by the Central Florida Expressway Authority and the region’s continued strength as a tourism hub, drawing more than 75 million visitors in 2024.
“We’re operating in a global economy where interest rates, supply chains and migration policies all influence what happens at the local level,” said ORRA CEO Cliff Long.
Economic Trends Show Mixed Signals
Experts emphasized that strong asset values are being offset by softer job growth and declining consumer confidence.
Housing Market Enters Stable Phase
The market has transitioned from pandemic-driven volatility to a more balanced and sustainable pace.
Growth, Infrastructure and Tourism Drive Future
Population growth, infrastructure investment and tourism continue to support long-term expansion in Central Florida.
ORRA’s Impact and Benefits on the Real Estate Industry
The Orlando Regional REALTOR Association provides critical market insights, advocacy and professional resources for REALTORS® across Central Florida. Its events foster collaboration between industry leaders, policymakers and the community, helping guide responsible growth, inform housing policy and strengthen the regional real estate market.
Business
Walmart’s Road to Open Call Returns to Orlando, Offering Small Businesses Access to National Retail Opportunities
ORLANDO, Fla. (FNN) — Walmart, in partnership with the Hispanic Chamber of Metro Orlando, will host the 2026 Walmart Road to Open Call pitch event on May 21 in Orlando, offering small businesses the opportunity to present their products directly to Walmart buyers.
The Orlando event is the only Florida stop in 2026 and is part of a nationwide initiative designed to support small business growth, expand supplier diversity and strengthen U.S. manufacturing.
OPPORTUNITY FOR SMALL BUSINESSES
The Road to Open Call serves as a pathway for entrepreneurs to connect with Walmart’s sourcing team, refine their pitches and prepare for the company’s annual Open Call event in Bentonville, Arkansas.
Applications are open through May 1 at 10 p.m. EST. A select group of applicants will be chosen to participate in the Orlando event, where each business will receive a 30-minute, one-on-one pitch meeting with a Walmart buyer, along with feedback and mentorship.
Top participants may earn a fast pass to Walmart’s annual Open Call, where they can pitch for potential placement in Walmart stores or online.
FOCUS ON U.S.-MADE PRODUCTS
Walmart’s Open Call is the company’s largest sourcing event for products made, grown or assembled in the United States. The program is open to businesses across industries, including food and beverage, beauty, safety and consumer goods.
“The Road to Open Call provides a powerful platform for small businesses to grow and scale,” said Mark Espinoza, senior director of public affairs at Walmart. “By connecting entrepreneurs directly with our sourcing teams, we’re helping bring innovative, U.S.-made products to customers while supporting American jobs and local economies.”
LOCAL IMPACT AND ECONOMIC GROWTH
Local leaders say the initiative strengthens both entrepreneurship and the regional economy.
“We are proud to join forces with Walmart for the second consecutive year to bring this opportunity to the business community,” said Pedro Turushina, president and CEO of the Hispanic Chamber of Metro Orlando. “This initiative supports entrepreneurs and helps small businesses access national retail opportunities.”
Since launching in 2014, Walmart’s Open Call has helped thousands of small and midsize businesses become suppliers, while more than 85% of Walmart shoppers report valuing U.S.-made products.
Florida4 days agoRepublican Rep. Paula Stark Disqualified From Ballot, Giving Democrats Opportunity to Flip House District 47
Crimes and Courts4 days agoAttorney General Uthmeier Announces Charges Against Six in South Florida Drug Trafficking Enterprise
Business5 days agoU.S. Marine Veteran Receives Refurbished Vehicle Through NABC Recycled Rides Program
Central Florida News5 days agoState Rep. Rita Harris Reelected Without Opposition in Florida House District 44
Central Florida News5 days agoCongressman Maxwell Frost Secures Third-Term Run Following Candidate Qualifying Period
