News Summary
Embarc Collective has announced a partnership with cybersecurity firm Reliaquest, launching their new Corporate Partnership Program. This collaboration aims to connect startups with major corporations and universities to tackle business challenges. Embarc Collective has already supported many startups, achieving a remarkable survival rate. Additionally, Dr. Tim R. Holcomb will be the new CEO of Embarc Collective starting January 2025, bringing over 35 years of experience in high-growth startups.
Exciting News from Tampa: Embarc Collective Teams Up with Reliaquest!
Hey there, Tampa! We’ve got some fantastic news buzzing around the startup community. Embarc Collective, our very own startup hub, just rolled out a shiny new program – the **Corporate Partnership Program**. And guess what? Reliaquest, a powerhouse in the cybersecurity world, is the first partner to hop on board. Talk about a dream team!
What’s the Buzz About the Partnership?
Since its inception in 2019, Embarc Collective has been on a mission to nurture and stimulate entrepreneurship right here in Tampa. With this new program, they’re taking things up a notch, aiming to create connections that matter. Think collaboration with major corporations, universities, and investors, both locally and nationally. This aligns perfectly with their focus on helping startup founders who are harnessing technology to tackle real business challenges.
By teaming up with Reliaquest, valued at a whopping **$3.4 billion**, Embarc is set to establish a collaborative model that brings together the innovative minds of startups and the resources of corporations. The goal is simple yet impactful: address industry challenges together and create long-lasting value for everyone involved.
Why Reliaquest is a Game-Changer
This partnership doesn’t just mean big opportunities for Embarc Collective; it’s also a pivotal move for Reliaquest. The company is not just stepping in as a partner but is also keen on fostering an entrepreneurial spirit across various organizations. This might just spark some brilliant ideas and initiatives in our community.
The Numbers Speak for Themselves
Embarc Collective isn’t just all talk; their track record shines bright! With around **300 founders and co-founders** already on their roster, they’ve supported over **135 early-stage tech startups**. And here’s an impressive stat – those member companies boast a **96% survival rate**! That’s a staggering achievement when you consider that many startups don’t make it past the early days. Furthermore, they’ve generated over **1,200 jobs** and attracted more than **$600 million** in funding. That’s what we call making a mark!
New Leadership on the Horizon
In other exciting news, Embarc Collective has announced the arrival of **Dr. Tim R. Holcomb** as their new CEO, who will be stepping into the role in January 2025. With an impressive **35 years of experience** in building and supporting high-growth startups, he’s bound to bring some fresh perspectives and ideas. He’ll be replacing **Lakshmi Shenoy**, who has led Embarc for six successful years. But don’t worry, Lakshmi isn’t going far. She’ll stay on as a member of the Board of Directors and will continue to coach our startups, ensuring her valuable insights and expertise are still very much a part of the team.
Many Successes Under Their Belt
Since opening their doors, Embarc Collective has provided over **6,000 hours of coaching** to early-stage startups. This kind of hands-on guidance is crucial for budding entrepreneurs looking to navigate the tricky waters of business. The support doesn’t stop here – they operate from a massive **32,000-square-foot facility** right in the heart of downtown Tampa. That’s some serious space for innovation and collaboration!
The Road Ahead
As Tampa continues to grow as a hub for entrepreneurship, watch out for how this partnership unfolds. The synergy between Embarc Collective and Reliaquest is a thrilling development for the startup community. With their combined resources and shared vision, there’s no telling how many new solutions and success stories may emerge from this collaboration. It’s a win-win, and undoubtedly a new chapter in the entrepreneurial spirit of Tampa!
Deeper Dive: News & Info About This Topic
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Additional Resources
- Business Observer: Embarc Partnership Program
- GlobeNewswire: Leadership Transition at Embarc Collective
- Hypepotamus: Tim Holcomb Named Embarc Collective CEO
- Encyclopedia Britannica: Embarc Collective
- Google Search: Embarc Collective
