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New report says USF’s Innovation Enterprise contributes hundreds of millions to the local and state economy

in The Bay and the 'Burg/Top Headlines by

The University of South Florida’s “Innovation Enterprise” contributes close to $395 million to the Tampa Bay area economy, according to a new report issued on Wednesday. The report by the Coral Gables based Washington Economics Group (WEG), is the first in-depth study on the specific impact and return on investment for the university’s innovation efforts. It shows that approximately 1,550 people are directly employed in the USF Innovation Enterprise. The report says another 1,467 related jobs are sustained among partner organizations and businesses that provide goods…

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