Tech accelerator succeeds with local businesses
Tampa Bay WaVE is set to occupy a second location in Tampa. The nonprofit announced Monday plans to expand to a 14,000-square-foot space in Channelside Bay Plaza. Partners including SPP, Tampa Electric, Hillsborough County, City of Tampa, Vology and Frontier Communications helped make the move possible.
WaVE’s downtown Tampa location (500 East Kennedy Boulevard) has been filled to capacity since it opened in March of 2013. They plan to open their second location on March 1, Much of the new space is already leased to three WaVE client companies. The nonprofit reports that 30 daily workers are expected in the first month, and that number should more than double within the first year.
Fostering entrepreneurship in Tampa
“Flexible space like this new location in Channelside Bay Plaza is critical for helping companies stay here and grow here,” said Linda Olson, president of Tampa Bay WaVE, in a release.
“SPP is proud to support Tampa Bay WaVE and local tech startups,” added James Nozar, CEO of Strategic Property Partners. “As a company, we are passionate about fostering entrepreneurship throughout our community. We’re delighted that WaVE and other new tenants are joining SPP at Channelside Bay Plaza.”
Lease provides relief for fast growing clients
SPP Provided WaVE a flexible short-term lease so WaVE could provide immediate relief to their client companies who are currently outgrowing their office space. In addition to WaVE, SPP’s offices are currently located at Channelside Bay Plaza.
“We, at the City of Tampa, could not be more proud of this expansion,” said Mayor Bob Buckhorn. “Tampa Bay WaVE has paved the way for young entrepreneurs in the region. Not only does it serve as a test bed for new innovators but it grooms a younger generation of leaders in technology.”
Apply to be a part of WaVE
The three companies set to occupy the new Channelside location of Tampa Bay WaVE are also receiving critical support from WaVE to grow their companies, including mentoring and introductions to capital. Businesses in the Tampa Bay area that are looking for space can apply to one of Tampa Bay WaVE’s BUILD, LAUNCH, or GROW programs to be elegible for a spot at the Channelside location.