The Tampa Bay region ranks among the top areas for venture capital investment with the metropolitan statistical areas of Tampa-St. Petersburg-Clearwater and Lakeland-Winter Haven listed in the top 160 national metros by theNational Venture Capital Association. Tampa-St. Petersburg-Clearwater came in at No. 58 ($40.65 million in funding) on the list while Lakeland-Winter Haven landed at No. 95 ($11.2 million in funding).
According to the National Venture Capital Association President and CEO Bobby Franklin, "The venture community continues to invest in entrepreneurs founding innovative companies in regions across the U.S., deploying capital to more cities in 2014 than any year in the past five years. Great ideas and great companies can be started almost anywhere and while historically concentrated, the venture capital ecosystem is able to move capital quickly and efficiently toward the greatest opportunities. The diverse geography of venture investment points to the enormous impact of entrepreneurs, students, incubators, investors and others who are working to build local ecosystems where high-growth companies can thrive, create jobs and shape the future our economy."