# Steve Millaway

> Steve Millaway is the founder and CEO of TechFarms in Panama City Beach, an electrical engineer and entrepreneur whose work spans semiconductor design, startup investment and regional business development. He founded Gain Technology in 1994 and later built an incubator, helped establish the investment firm now called GAIN Venture Capital, co-founded ArroTech and acquired the Atlantis Center in Lynn Haven.

- **Role:** Founder and CEO at TechFarms
- **Organizations:** TechFarms, GAIN Venture Capital (formerly TechFarms Capital), ArroTech, Gain Technology Corporation, Gain Communications, Burr-Brown Corporation, Gulf Coast State College, DEFENSEWERX
- **Education:** Electrical engineering, University of Florida
- **Known for:** Designed semiconductor products at Burr-Brown, including the OPA111 operational amplifier., Built Gain Technology, whose USB 2.0 work included a 2001 reference-design partnership with Mentor Graphics., Established TechFarms to support technology entrepreneurs in Northwest Florida.

## Career timeline

- **1974-1978** — Studied at the University of Florida; worked as a Navy cooperative education student.
- **—** — Spent 16 years at Burr-Brown in Tucson designing semiconductor products.
- **1994** — Founded Gain Technology Corporation.
- **2002** — Gain Technology was acquired by Standard Microsystems Corporation.
- **2006** — Gain Communications merged with Dakota Internet Partners.
- **2007** — Returned to Panama City.
- **2014-2022** — Served on Gulf Coast State College’s District Board of Trustees.
- **2015** — Founded TechFarms in Panama City Beach.
- **2017** — Outlined a regional early-stage capital strategy in a TechFarms Capital proposal to Triumph Gulf Coast.
- **2018** — Nominated by Florida’s governor and invited to the White House State-Federal STEM Education Summit.
- **2024** — Acquired the former Sallie Mae servicing building in Lynn Haven, now the Atlantis Center.
- **2025** — TechFarms Capital announced its rebrand as GAIN Venture Capital.
- **2026** — Atlantis hosted FSU Panama City’s commencement.

## Achievements

- Designed semiconductor products at Burr-Brown, including the OPA111 operational amplifier.
- Built Gain Technology, whose USB 2.0 work included a 2001 reference-design partnership with Mentor Graphics.
- Established TechFarms to support technology entrepreneurs in Northwest Florida.
- Helped create an affiliated investment effort to address the early-stage financing gap.
- Developed the Atlantis Center for business and community uses.

## Latest updates

- **2026-09** — ArroTech, which lists Millaway as CEO and co-founder, reported that its GEON E61 reached the Round of 8 in the Coolest Thing Made in Florida competition.
- **2026-05** — Atlantis hosted FSU Panama City’s 2026 commencement, attended by about 2,500 people.
- **2026-03** — Discussed a ten-year outlook for regional business growth; GAIN VC was reported to have $10 million under management and investments in 20 companies.
- **2025-06** — TechFarms Capital announced the GAIN Venture Capital name and a second fund initiative seeking $25 million in commitments.

## Links

- Website: https://techfarms.com/
- LinkedIn: https://www.linkedin.com/in/stevemillaway

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Profile page: https://yespress.io/steve-millaway
Published by YesPress — https://yespress.io
Last updated: 2026-10-16