UF’s Startup Incubator, Innovation Hub to Double in Size

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The Innovation Hub at the University of Florida, which houses 19 of Gainesville’s local startup businesses, will be doubling in size within the next few years after construction is completed.

The University of Florida will receive $8 million in federal funding from the U.S. Economic Development Administration toward construction of Phase II of the Innovation Hub, which will include a 50,000-square-foot addition to the original 48,000-square-foot infrastructure.

The University of Florida will also be contributing $9 million toward expansion. Construction is expected to be complete within 36 months.

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