St. Petersburg-based startup accelerator expands into Jax, Orlando

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Caregiver Accelerator, a St. Petersburg-based nonprofit that coaches entrepreneurs on how to grow caregiving-focused businesses, is expanding to Jacksonville in partnership with ElderSource Institute.

Approximately 54 percent of Jacksonville residents have been or are currently providing unpaid care for relatives or loved ones, according to a 2015 AARP study, which is why both companies are betting on local growth.