Once completed, the project will foster a stronger innovation ecosystem with increased startup density, greater global competitiveness, and local high-wage job creation. TB CfHAIN will also greatly expand investor outreach, launch an investor portal, and increase the region's capacity for SBIR/STTR support. The project will also utilize WAVE's 150+mentor and 400+ investor networks to support both accelerator alumni and local tech startups. TB CfHAIN will expand WAVE's programming by running nine (9) 90-day accelerator cohorts specifically tailored for these industry verticals, supporting 180 new high-growth potential startups and fostering the creation and retention of 2,730 jobs. Tampa Bay WAVE has partnered with the University of South Florida and other private and public sector entities to launch this project with a goal to create industry-driven innovation clusters in cybersecurity, finance, and healthcare. $2,000,000, matched by $2,137,320 in local investment, to Tampa Bay Wave, Inc., Tampa/Hillsborough County, Florida, to fund the Tampa Bay Cybersecurity/Fintech and HealthTech Accelerator + Innovation Network (TB CfHAIN) project. Thirty-Three (33) Venture Challenge Projects for 37,786,722.65, matched by $38,376,882.53 in local investments, as follows: These investments support advanced manufacturing, bioscience, clean energy, and blue economy clusters that will catalyze innovation and fuel economic growth in regions throughout the United States. EDA announced 51 Build to Scale investments from October 3-5, 2022, totaling $47,236,248.65, which is matched by $48,444,678.53 in local investments.
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