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.
What's next for launching rockets into space? Launching rockets from the sea. With limited land availability and significant costs, companies like Seagate Space see a game-changing solution in developing offshore launchpads. There is also a sense of urgency as other countries have included offshore infrastructure as part of their space strategy. Seagate Space and The Spaceport Company are positioned to lead the way for Florida in this new frontier.
Advanced Air Mobility (AAM) is more than just helicopters or planes; it’s the future of transportation. St. Petersburg is looking ahead into electric Vertical Takeoff and Landing (eVTOL) aircraft that can perform tasks beyond the capabilities of traditional aviation. Think faster disaster relief response, private air taxis, and much more.
The Tampa Bay Innovation Center has graduated their tenth accelerator program. This program consisted of eight tech-based companies that all presented at TBIC’s Innovation Showcase held in early June. Initiated in late 2019, the program, which consists of weekly workshops focusing on product and go-to-market strategy, has worked with 70+ B2B tech startups. We are excited to see how these companies shape the future.