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 include:
$69,389 average salary of current client salaried jobs
$76.2 million in total external funding received by current companies
$18.7 million in external funding received in reporting period
$7.6 million total annual sales revenues
70 TBTI companies
195 employees: jobs created & retained
Statistics of current TBTI incubated companies:
53% are community based start ups
47% are USF spin outs
51% are in Bio/Life Sciences
4% are in Bio/Life Sciences & Engineering
21% are in Engineering
11% are in Software and Information Technologies
11% are in other categories
Have filed 39 patent applications and 10 patents were granted during the reporting period of October 1, 2015 – September 30, 2016
To find out more information about our program or to learn how you can become part of the TBTI, please review our admissions process and criteria prior to completing an incubator application.