The Tampa Bay Innovation Center, which operates TEC Garage in downtown St Pete, served 59 clients (33 incubator and 26 co-working) in the last year. These clients had 207 employees and client revenue of nearly $10.5 million. The 33 incubator clients raised $2,645,000 in funding. This incubator and co-working space is making a difference and growing! Great example of our Innovation Ecosystem.
A group of support organizations, led by the Innovation District and fueled by a grant from Duke Energy, developed our first Tampa Bay Innovation Ecosystem Map in 2023. We aim to continue guiding entrepreneurs to the best possible resources with an updated version.
Josh Rojas of Bay News 9 recently visited the Maritime and Defense Tech Hub, where he was welcomed by CEO Alison Barlow and COO Lauren Bell for a discussion about the building’s future expansion. The Hub is already home to a thriving community of companies and demand continues to grow. To accommodate this momentum, leaders are envisioning Hub 2.0, a second building proposed for the west parking lot.
The Foundation for a Healthy St. Petersburg, in partnership with Orlando Health Bayfront Hospital, is introducing a capacity-building grant initiative that exemplifies strategic, next-level support. In 2025, they will award up to $10,000 each to 20 nonprofits serving South St. Petersburg.