Federal, county governments step up support for economic diversification

$9 million will go toward building a new business incubator in St. Petersburg.


  • By
  • | 6:00 a.m. August 30, 2019
  • | 0 Free Articles Remaining!
A rendering of the new business incubator planned for St. Petersburg. Courtesy photo.
A rendering of the new business incubator planned for St. Petersburg. Courtesy photo.
  • News
  • Share

The federal government has invested in Tampa Bay’s booming business environment in a big way, by agreeing to provide $4.5 million in matching funds that will be used to design and build a two-story, split-level, 45,000-square-foot business incubator on land provided by the city of St. Petersburg.

According to a press release, Pinellas County has also pitched in with a pledge of $4.5 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content