U of Florida Gets Serious About Innovation

The St. Petersburgh Times reports that the University of Florida is building a new space adjacent to its campus to foster innovation that will bring jobs and wealth to the Gainesville area.  It is a pretty ambitious effort:

Situated just a block between the east edge of campus and downtown Gainesville, the development aims to bring together entrepreneurs, investors, researchers and students to create new money-making businesses or products in a “24/7 live-work-play community.” But to participate, they’ll have to prove themselves.

The start-up companies moving into the 50,000-square-foot incubator at the center of the 40-acre square will be expected to produce jobs. And not just any jobs, but jobs born of new ideas.

Students who want to move into the new 185-bed residence hall across from that building will need to submit a business plan or have already started their own businesses.

In other words, the goal is innovation. And UF hammers that idea every chance it gets — the square is the Innovation Square, the incubator the Innovation Hub, the cohort of students in that dorm is called the Innovation Academy.

You can read the full story here.

(This is from SCUP’s new portal that we posted about yesterday.  Very cool!)

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