Kathy Castor secures $500K for new LatinTech Accelerator

0 1 year ago

U.S. Rep. Kathy Castor has secured $500,000 in new federal funding to launch the LatinTech Accelerator, a new business accelerator to promote Latino-founded companies in the Tampa Bay area.

The LatinTech Accelerator is one of 15 community projects Castor submitted to the Appropriations Committee for funding in the fiscal year 2023 budget.

The new accelerator aims to fill a gap in Florida’s start-up ecosystem by removing barriers for under-represented entrepreneurs to help them make a lasting impact on the Tampa Bay economy.

To qualify for the accelerator, companies must be 51% owned, controlled and operated by individuals of Latin heritage.

– Staff report, Florida Politics