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Tampa Bay Wave receives grant to launch $10M fund

November 9, 2023 - The U.S. Economic Development Administration has awarded the Tampa Bay Wave nonprofit a $400,000 grant to start a $10 million seed fund. In partnership with the University of South Florida and other private and public sector entities, the Tampa Bay Innovation Seed Fund will be used to attract 80 investors and invest in 25 to 30 new high-growth startups in the cybersecurity, finance and healthcare industries. It will also be used to expand investor outreach via the Wave's new podcast, online investor portal and investor-related events, according to the EDA. 

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