Incubation: A Process not a Place
The Tampa Bay Technology Incubator (TBTI) is one vehicle through which USF CONNECT grows successful companies. TBTI supports technology research as a catalyst for economic development and advocates the creation and development of facilities for high-technology companies and related support functions.
One way TBTI is able to assist is by providing access to critical costly research equipment. Many companies originate in the community and seek our support to evolve their concepts to commercialization.
Economic impact of TBTI companies includes*:
$79,461 average full time salary and $19,516 average part time salary for current client salaried jobs
$123.3 million in total external funding received by current companies to date
$54.4 million in external funding received in past year
$9.98 million total revenues in last six months
77 TBTI companies served in past year
359 employees: jobs created & retained
Statistics for current TBTI incubated companies*:
52% are community based start ups
48% are USF spin outs
54% are in Bio/Life Sciences
3% are in Bio/Life Sciences & Engineering
19% are in Engineering
12% are in Software and Information Technologies
12% are in other categories
Have filed 22 patent applications and had 12 patents granted during the reporting period of October 1, 2016 – September 30, 2017
*Reported as of September 30, 2017
Interested in joining TBTI? Submit an inquiry and our staff will contact you to learn more about your company and discuss the program.