STAR-TEC ENTERPRISES INC
501 1ST AVENUE NORTH NO 901, ST PETERSBURG, FL 33701 www.tbinnovates.com

Total Revenue
$401,840
Total Expenses
$422,818
Net Assets
$69,820

Organizations Filed Purposes: TO ACCELERATE ENTREPRENEURIAL SUCCESS BY NURTURING EARLY STAGE VENTURES THAT RESULT IN HIGH WAGE, HIGH TECH JOBS AND WEALTH CREATION FOR THE TAMPA BAY REGION.

TO SERVE AS THE FOCAL POINT OF INNOVATION FOR THE STATE OF FLORIDA AND THE TAMPA BAY REGION.

ACCELERATOR PROGRAM: THE TAMPA BAY INNOVATION CENTER CREATES SUCCESSFUL ENTREPRENEURS, FOSTERS THE CREATION OF HIGH-TECH JOBS, AND DEVELOPS NEW SOURCES OF TECHNOLOGY AND MANUFACTURING CAPABILITIES BY NURTURING EARLY STAGE VENTURES AS THEY GROW AND LAUNCH THEIR PRODUCTS INTO THE MARKETPLACE. OUR PROGRAMS ARE TAILORED TO THE INNOVATOR/ENTREPRENEUR AND ADDRESS BUSINESS INTELLIGENCE, PLANNING AND BUSINESS FORMATION, STRATEGY EXECUTION, AND TECHNOLOGY TRANSITION. THE TIME FROM "MIND TO MARKET" IS A CRITICAL FACTOR FOR TODAY'S SUCCESSFUL TECHNOLOGY COMPANIES. OUR EXPERIENCED STAFF AND HIGHLY QUALIFIED MENTORS WORK WITH OUR CLIENTS TO ENSURE THEIR SUCCESS. WORKING TOGETHER, WE HELP THEM MEET PROGRESSIVE AND PLANNED MILESTONES TO ACCELERATE THEIR BUSINESS GROWTH. (CONTINUED ON SCHEDULE O)SINCE OUR INCEPTION IN 2003, THE TAMPA BAY INNOVATION CENTER HAS WORKED WITH HUNDREDS OF TECHNOLOGY CLIENTS AND GRADUATED NUMEROUS COMPANIES FROM ITS PROGRAMS. COLLECTIVELY, THE INNOVATION CENTER'S IN-HOUSE CLIENTS EMPLOY 100 WORKERS WITH AN AVERAGE WAGE OF OVER $60,000. THESE CLIENTS HAVE LAUNCHED OVER 70 NEW PRODUCTS, RAISED MILLIONS IN SEED CAPITAL AND GRANTS, AND HOLD MORE THAN 100 PATENTS WITH NUMEROUS MORE PENDING.INNOVATION CENTER RECOGNITION:WINNER - TAMPA BAY TECHNOLOGY FORUM'S EXCELLENCE IN SERVICE AWARD - 2012FINALIST - TAMPA BAY TECHNOLOGY FORUM'S EXCELLENCE IN SERVICE AWARD - 2012FEATURED IN KIPLINGER'S "10 GREAT CITIES FOR STARTING A BUSINESS" WINNER - TAMPA BAY TECHNOLOGY FORUM PROFESSIONAL SERVICES COMPANY OF THE YEAR - 2009FEATURED IN ENTREPRENEUR.COM'S 2009 ROUNDUP OF BUSINESS INCUBATORS FINALIST - TAMPA BAY TECHNOLOGY FORUM PROFESSIONAL SERVICES COMPANY OF THE YEAR - 2008CLIENT RECOGNITION HONORABLE MENTION - COOL TECH - 2012 (HOMELAND INTELLIGENCE TECHNOLOGIES)HONORABLE MENTION - COOL TECH - 2011 (ALTORR FREEDOM TECHNOLOGIES)GOVERNOR'S DIVERSIFICATION AWARD WINNER - 2008 (ALAKAI)WINNER TAMPA BAY TECH FORUM EMERGING TECHNOLOGY COMPANY - 2010 (ALAKAI)FINALIST TAMPA BAY TECH FORUM EMERGING TECHNOLOGY COMPANY - 2009 (ALAKAI & FIELD FORENSICS)REGIONAL INNOVATION ALLIANCE NETWORK - SUCCESS STORY - 2011 (ALAKAI)PINELLAS COUNTY EMERGING ENTREPRENEUR AWARD - 2009 (ALAKAI)THE CENTER RECEIVED THE POWDERKEG TOP-RATED CULTURE AWARD 2020 RECOGNIZING THE CENTER AS HAVING ONE OF THE BEST CULTURES IN TECH BEYOND SILICON VALLEY.

OUR PROGRAMS HELP CREATE SUCCESSFUL ENTREPRENEURS, FOSTER THE CREATION OF HIGH-TECH JOBS, AND DEVELOP NEW SOURCES OF TECHNOLOGY AND MANUFACTURING CAPABILITIES BY NURTURING EARLY STAGE VENTURES AS THEY GROW AND LAUNCH THEIR PRODUCTS INTO THE MARKETPLACE.OUR PROGRAMS ARE TAILORED TO THE INNOVATOR/ENTREPRENEUR AND ADDRESS BUSINESS INTELLIGENCE, PLANNING AND BUSINESS FORMATION, STRATEGY EXECUTION, AND TECHNOLOGY TRANSITION. THE TIME FROM "MIND TO MARKET" IS A CRITICAL FACTOR FOR TODAY'S SUCCESSFUL TECHNOLOGY COMPANIES. OUREXPERIENCED STAFF, ALONG WITH NUMEROUS BUSINESS PROFESSIONALS PROVIDE WEEKLY COACHING TO CLIENTS, ESTABLISHING GOALS AND MAKING CONTACTS CRITICAL TO A SUCCESSFUL TECHNOLOGY STARTUP.FYE ' 19 RESULTSDUE TO COVID MOST EVENTS WERE HELD VIRTUALLY. TECH TALK AND STARTUP XCHANGE PROVIDED EDUCATION AND PRODUCT DEVELOPMENT ASSISTANCE TO MORE THAN 150 PARTICIPANTS. APPROXIMATELY 50 FOUNDERS GRADUATED FROM THE PRE-INCUBATOR PROGRAM (CO.STARTERS) . THE INNOVATION CENTER LAUNCHED ITS FIRST ACCELERATOR COHORT IN OCTOBER 2019 AND GRADUATED TWO COHORTS. COMPANIES HAVE RAISED OVER $2M FROM THE FIRST GRADUATING CLASS.INNOVATION CENTER GRADUATES WERE AMONG: TAMPA BAY'S 50 FASTEST GROWING COMPANIES 2020INC 5000 2020INNO ON FIRE HONOREES 2020

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Tonya ElmorePRESIDENT & CEO40$137,731
Chris ParadiesPRESIDENT0.5$2,000
Dean AkersDIRECTOR0.3$0
Doug MartinDIRECTOR0.3$0
Roy BingerDIRECTOR0.3$0
Shawn HughesDIRECTOR0.3$0
Rob KaupustaSECRETARY0.3$0
Paul HaysTREASURER0.4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110679349301216_public.xml