October 1, 2023


Epicurean Science & Tech

Tech small business owners credit score USF talent pipeline for choice to increase and relocate to Tampa Bay

3 min read

Tampa Bay is 1 of the nation’s speediest growing areas and considerably of that results
is involved with the talent pipeline established by the College of South Florida.

In excess of the earlier 5 years, the Tampa Bay Economic Progress Council reports it has recruited practically 60 new companies that have either relocated or expanded
functions to Tampa and Hillsborough County for the initially time – creating a lot more than
8,000 work opportunities and making more than $876 million in money expenditure. Amongst those
recently recruited businesses are rapid-growing tech organizations these types of as Drift, WebstaurantStore,
OPSWAT and Speedy.

“Technology has extended been a focus on marketplace of the Tampa Bay EDC, but above the previous
few yrs we have observed a constant increase in interest from tech CEOs, significantly in
the sectors of cybersecurity, fintech and health and fitness tech, who are discovering that Tampa
is an best area to improve their providers,” said Craig Richard, president and CEO
of the Tampa Bay Financial Progress Council. “Access to a very competent pool of
talent, fueled by USF’s powerful pipeline of numerous technological talent, is the main
aspect attracting tech CEOs and corporations to our location.”

Boston-based mostly cybersecurity analytics firm Quick7 declared it’ll open a new place of work in Tampa, bringing with it 100 careers. Chairman and
CEO Corey Thomas credits USF’s cybersecurity plans and its marriage with MacDill
Air Power Base, as a lot of Immediate7 staff members are veterans. The firm will at first
move into Industrious at Sparkman Wharf followed by a lasting spot following calendar year.

“The college ecosystem, both of those domestically in Tampa and in the broader location, was massively
beautiful to us as we commenced the look for for our following office environment area,” Thomas explained.
“At Swift7, we’re dedicated to investing in our persons early in their occupations to assist
them reach results in tech. We have been deeply impressed by the management at USF,
and its sturdy pool of gifted younger experts is a remarkable asset to the group.
We search forward to partnering with the college to proceed constructing momentum for
Tampa as the future huge technologies hub.”

TheIncLab, which relocated to Ybor Metropolis from Washington, D.C., past calendar year, is increasing its
footprint in the area with 40 new hires on the horizon. The artificial intelligence
and details visualization business is expected to do the job intently with the USF Institute for Artificial Intelligence (AI + X), an interdisciplinary research and instruction centre targeted on the intersection of
synthetic intelligence and regions these as health and fitness care, finance, producing and
cybersecurity. The institute is also conducting study with a range of other AI

“USF plays a vital function in Tampa’s emergence as a magnet for business owners and
revolutionary enterprise startups and expansions,” said Tampa Mayor Jane Castor. “The USF
expertise pipeline and chopping-edge abilities in bio/lifestyle sciences, technological innovation, cyber
safety and so substantially more are central elements of Tampa Bay’s attraction to enterprise leaders
throughout the world.”

The USF Muma Higher education of Small business just forged a multi-yr partnership with Tampa Bay
Wave to launch the FinTech|X Accelerator. The program is made to assist startups in the financial technological innovation business,
which consists of places this kind of as on the net banking techniques, crypto exchanges and crowdfunding

“This plan embodies St. Petersburg’s Increase Smarter technique by concentrating on the intersection
of money companies and know-how,” mentioned J.P. DuBuque, president and CEO of the
St. Petersburg Location Financial Progress Corp. “We’re looking at that nearly all money
service firms in our marketplace are possibly noticeably leveraging know-how or
are really fintech firms. FinTech|X will allow us to showcase our imagined leadership
in the room and draw in impressive entrepreneurs and developing companies to our area.”

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