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Business and Emerging Technology Accelerator Commits $3 Million For BETA-1 Construction at `Gateway to Amelia'.


Business Editors & Technology Writers

AMELIA ISLAND Amelia Island is one of the southernmost of the Sea Islands, a chain of barrier islands that stretches along the east coast of the United States from South Carolina to Florida. It is 13 miles long (21 km) and approximately 4 miles (6 km) wide at its widest point. , Fla.--(BUSINESS WIRE)--Oct. 3, 2001

BETA-1, the business and emerging technology accelerator founded in Amelia Island, FL, has committed approximately $3 million to the construction of its headquarters and client facility at "Gateway to Amelia," a development of Compass Group The British company Compass Group LSE: CPG is one of the largest food service businesses in the world. It provides catering services to many types of institutions, for example schools, hospitals, companies and nursing homes. , Inc., in Nassau County Nassau County is the name of two counties in the United States of America:
  • Nassau County, New York
  • Nassau County, Florida
, FL.

The 30,000 square foot campus will house up to 16 start-up businesses in the life sciences, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , logistics and other fields ripe for emerging technology innovation. The BETA-1 building will offer pilot manufacturing and laboratory facilities, in addition to 21st century communications capabilities and traditional office support when completed.

BETA-1 is a privately funded, for-profit company that speeds the path to market for innovation-focused entrepreneurs and enterprises by providing them with the physical, financial and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  they need to build viable, market-destined businesses. Entrepreneurial innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
 nationally have already begun to submit applications to be considered as clients of BETA-1.

"BETA-1's commitment to the `Gateway to Amelia' development brings us one critical step closer to realizing a powerful vision," says BETA-1 founder and President Raymond M. Chauncey. "With plans and funds firmly in place to build our emerging technology campus, we're eager to break ground and increase awareness of what we are doing."

For more information about BETA-1, the Business and Emerging Technology Accelerator in Amelia Island, FL, visit www.BETA-1.com, or write to INFO@BETA-1.com, or call Cassandra Mohler at 904.261.4334.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 3, 2001
Words:239
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