NEW YORK, July 3 - The University of South Florida said today it would break ground on two buildings this year to house its center for biological defense and expand its business incubator, and would add over 200,000 square feet for laboratories and offices.
The business incubator, part of the university's Center for Entrepeneurship, provides office space, as well as assistance with market research and raising capital to companies that are launching new technologies, the university said. Since its own start-up in February 2002, the center has housed three start-up companies. This expanded space will allow the incubator to triple in size.
Meanwhile, the university's H. Lee Moffitt Cancer Center & Research Institute said it had doubled its research institute with a new $182 million tower project. The institute said is working to build on its genomics and proteomics research among other priorities.