Florida Business Development Corporation Continues its Commitment to Supporting Florida Startups

THE GRANT WILL SUPPORT EMBARC COLLECTIVE’S MISSION TO SCALE FLORIDA’S TECH ECOSYSTEM

Embarc Collective is excited to continue its partnership with Florida Business Development Corporation (FBDC). This grant, its fifth from FBDC, will equip Embarc Collective startup members with the content and programming critical to building high-growth, job-creating ventures.

FBDC’s mission is to help businesses secure long-term, fixed-financing and support their need to grow. This partnership ensures that Florida-based startups have access to the globally-recognized startup support that Embarc Collective has become known for having been named a top startup program in the world by UBI Global in 2023.

“With FBDC’s support, we will continue to ensure that startup builders in our region receive high-quality and timely resources necessary to successfully scale. Our goal is to empower entrepreneurs in Florida to build highly impactful companies and shape our state into a technology hub, and this support plays a critical role in achieving that,” said Lakshmi Shenoy, CEO of Embarc Collective.

About Embarc Collective

Embarc Collective, a 501c3 non-profit, is a central landing zone for the most driven and focused startup builders in Florida. Embarc Collective offers coaching by startup veterans, curated live and on-demand programming, an ever-growing repository of resources and frameworks, and access to national customers and investors, all amongst a peer community of 125+ tech startups operating within an award-winning 32,000-square-foot startup hub in downtown Tampa, Florida. In 2023, UBI Global, a notable benchmarking study that evaluates startup support programs from across the world, ranked Embarc Collective as a Top Challenger Program in North America.

About The Florida Business Development Corporation

FBDC is a private, non-profit Certified Development Company (CDC) established in 1989 to administer the Small Business Administration (SBA) 504 Loan Program. FBDC assists healthy, growing companies secure long-term, below-market, fixed-rate financing for the acquisition and development of fixed assets. The SBA 504 Loan Program can also be utilized to refinance debt associated with fixed assets. In the past year, FBDC was the 2nd most active CDC in the nation, holding the top spot in the Southeast United States, and has assisted in over $13 Billion of projects since being formed. In addition to this program, FBDC makes annual economic development contributions to the communities in which it serves. For more information, please visit www.fbdc.net.