Tampa – Applications to be part of the next cohort of companies in the Spartan Incubator at The University of Tampa’s Lowth Entrepreneurship Center are now open.
UT’s incubator program is a launchpad for breakthrough entrepreneurship. It serves local, community-based businesses and entrepreneurs as a way of giving back to the Tampa Bay community. Resident companies have access to a live lab, one-on-one coaching and other University resources designed to support and ensure personal and professional growth.
In addition, each company is provided office space within the Maureen B. Daly Innovation and Collaboration Building on the UT campus.
The 2022-2023 cohort of 14 companies demonstrated the potential of the incubator, with 90% of the startups in the program doubling their customer base. Eighty percent escalated revenues by over 150%, and more than $3.4 million was raised collectively.
Other recent successes include local job creation and provisional patents. Jake Henry’s Lectra Technologies secured a partnership with the New York Yankees and a research contract with the University of Pennsylvania.
Resources and results are only part of the incubator experience, though. Another key component is collaboration, as expressed by Emilia and Zac Herman of SEED Classroom, an incubator company: “The individuals and teams are some of the most hardworking and innovative people we know. It’s inspiring to share ideas and map out projects with like-minded individuals on a weekly basis.”
Applications for 2023-2024 are being accepted until June 30. Those who are coachable, ready to synergize with the student community and have a business idea that aligns with UT’s dynamic environment are encouraged to apply.
The Spartan Incubator is a part of the Lowth Entrepreneurship Center, located in the University of Tampa’s Sykes College of Business. The center’s mission is to foster an entrepreneurial mindset and support businesses from idea to exit.
The University of Tampa is a private, comprehensive university located on 110 acres on the riverfront in downtown Tampa. Known for academic excellence, personal attention and real-world experience in its undergraduate and graduate programs, the University has about 200 programs of study and serves approximately 11,000 students from all 50 states and most of the world’s countries.