🌴TAMPA ECOSYSTEM

Tampa Startup Ecosystem

Growing startup ecosystem with fintech, healthcare tech, and lower costs. No state income tax and attractive lifestyle.

800+ startups2 unicornsLast updated: January 2025

Ecosystem Overview

💰 Funding

$1B+ in total funding, with growing access to VCs and angel investors.

👥 Talent

40K+ tech workers and access to University of South Florida talent.

🏢 Infrastructure

6 accelerators, 12 co-working spaces, and growing support networks.

Key Strengths

No state income taxLower costs compared to major citiesGrowing fintech ecosystemHealthcare tech focusAttractive lifestyle and weatherBusiness-friendly environment

Key Industries

FintechHealthcare TechE-commerceReal Estate TechLogisticsEnterprise Software

Cost of Living

$1,400/mo
Average 1BR Rent
$1,900/mo
Average 2BR Rent
98
Cost of Living Index (100 = National Average)

Frequently Asked Questions

Why is Tampa a good city for startups?

Tampa offers a growing startup ecosystem with fintech, healthcare tech focus, no state income tax, lower costs than major tech hubs, and attractive lifestyle. The city has a growing tech scene with strong presence in fintech and healthcare tech.

What are the top accelerators in Tampa?

Top accelerators include Embarc Collective, Tampa Bay Wave, and Florida Funders. The ecosystem also benefits from strong corporate partnerships and growing startup community. Many accelerators focus on fintech and healthcare tech.

How much does it cost to start a startup in Tampa?

Tampa has a cost of living index of 103 (3% above national average), making it one of the most affordable major startup hubs. Average rent for a 1-bedroom is around $1,400/month. Combined with no state income tax, this makes Tampa attractive for startups looking to extend their runway.

What industries are strongest in Tampa?

Tampa is particularly strong in fintech, healthcare tech, and logistics. The city's position as a major financial services hub with lower costs makes it ideal for fintech startups. Strong healthcare presence supports healthcare tech innovation.

Is Tampa good for fintech startups?

Yes, Tampa is one of the best cities for fintech startups due to its position as a major financial services hub, lower costs, no state income tax, strong fintech talent pool, and growing fintech ecosystem. The city has a strong presence of financial services companies.

What VCs are active in Tampa?

Active VCs include Florida Funders, Tampa Bay Ventures, and DeepWork Capital. Many national VCs also invest in Tampa startups, recognizing the opportunities in fintech and the value proposition of lower costs and no state income tax.