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EMBARC COLLECTING STARTUPS

Nov 14, 2018 - Tampa Bay Times

Think of Embarc Collective, the planned innovation hub backed by Jeff Vinik, as a hothouse for young tech companies.

But the collective, which opened its application process Tuesday and plans to open its doors next March, is not a co-working space or startup accelerator or incubator looking to turn a profit by betting on startups.

Instead, it's applying for nonprofit status and won't be taking equity in the startups it selects. Rather, it will charge member startups a fee to move int...