TAMPA BAY INNOVATION HUB INC
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Mission Statement
Tampa Bay Innovation Hub, dba Embarc Collective, helps Tampa Bay's startup talent build bold, scalable, thriving companies.
About This Cause
Established in 2018, Tampa Bay Innovation Hub, dba Embarc Collective Tampa Bay, is a non-profit entrepreneurship hub empowering a community and learning zone for Florida's most driven and focused startup entrepreneurs, serving 125 startups and counting through a best-in-class and distinct model of startup support. The entrepreneurs supported by Embarc Collective come from a diverse set of backgrounds, but all demonstrate an outsized amount of focus, drive, and persistence to be successful. The support from Embarc Collective is hands-on and driven by the specific goals and needs of each startup being supported. In 2023, Embarc Collective delivered over 1,500 hours of 1:1 coaching and 70 group programming sessions. Embarc Collective operates its 32,000-square-foot innovation hub in downtown Tampa at 802 E. Whiting Street. Since inception, Embarc Collective has helped nearly 300 Florida-based companies create over 800 jobs in the tech sector. The companies supported by Embarc Collective have raised $200M in outside capital to fund the growth of their businesses. Most notably, Embarc Collective celebrates that 24 of the 25 startups that Embarc Collective began supporting in 2019 are still operating today (96% survivability). This is compared to a national statistic of a 50% startup survivability rate over 5 years.