Although Orlando is home to multiple business incubators, which essentially teach new entrepreneurs how to run a business, a local company says there is room for one more.

The data analytics firm Pandera Systems has partnered with the software company REV Acceleration to launch a new space that will offer money and space to startups.

Citing a lack of “extensive level of support” from other incubators, Tech and Beers leaders say the new effort will fill that gap.

“While existing incubators in Central Florida have proven successful for some, many of these programs only provide start-ups with limited funding and space to work,” REV CEO Ty Tucker said in a news release announcing Tech and Beers. “What’s lacking here is the extensive level of support necessary to really get a startup going.”

Tech and Beers will join Starter Studio and VentureScaleUp, two programs in Orlando that provide funding and mentoring for young companies.

Pandera and REV have raised money for a fund that is based at the incubator, with some companies having the potential for access to $1 million seed rounds, according to the news release.

No details about donors were shared.

The new effort will include a monthly meetup of tech entrepreneurs, also called Tech and Beers.

Got a news tip? msantana@orlandosentinel.com or 407-420-5256; Twitter, @marcosantana

Redfin predicted three Orlando-area neighborhoods would be the “hottest” and most sought after this year based on the number of page views and the times someone saved a house listing as a favorite during recent months.

Redfin predicted three Orlando-area neighborhoods would be the “hottest” and most sought after this year based on the number of page views and the times someone saved a house listing as a favorite during recent months.

Redfin predicted three Orlando-area neighborhoods would be the “hottest” and most sought after this year based on the number of page views and the times someone saved a house listing as a favorite during recent months.

Redfin predicted three Orlando-area neighborhoods would be the “hottest” and most sought after this year based on the number of page views and the times someone saved a house listing as a favorite during recent months.

Univision, the nation’s largest Spanish-language media company, filed a lawsuit against Charter in July 2016.

Univision, the nation’s largest Spanish-language media company, filed a lawsuit against Charter in July 2016.

Orlando-area McDonald’s are undergoing an aggressive revamp to modernize the region’s 195 fast-food restaurants.

Orlando-area McDonald’s are undergoing an aggressive revamp to modernize the region’s 195 fast-food restaurants.

Although Central Florida’s Arab population is small, some restaurants are striking out against Trump Administration policies on immigration, saying it could hurt the restaurant industry. Cress Restaurant in Deland has even registered to be a “Sanctuary Restaurant,” a fancy term saying that it supports people of all backgrounds.

Although Central Florida’s Arab population is small, some restaurants are striking out against Trump Administration policies on immigration, saying it could hurt the restaurant industry. Cress Restaurant in Deland has even registered to be a “Sanctuary Restaurant,” a fancy term saying that it supports people of all backgrounds.

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