Billionaire Jeff Vinik doubles down in Tampa Bay’s ecosystem

Jeff VinikThis is the sort of announcement most communities would love to hear. Jeff Vinik, a Tampa Bay billionaire with ownership of several professional sports franchises and one of the investors in the new “Rise of the Rest Fund,” has announced plans to spearhead the creation of a $50 million venture fund, build-out a 40,000- to 75,000-square foot innovation hub, and take a major equity stake in the startup accelerator DreamIt. Not a bad day of announcements for the city. Read more about his plans here.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to tballard@pyapc.com. Include the name and contact information (phone and email) for follow-up.