The Tampa Bay Economic Prosperity Foundation (TBEPF) was formed as a 501c(3) in 2018. Its mission is to conduct research and educate our community about issues that affect job creation and economic opportunity in Tampa Bay.
In 2020, the TBEPF and the Tampa Bay EDC began meeting with partners in the City of Tampa and Hillsborough County to understand how best to address income inequality and foster greater investment in Qualified Opportunity Zones (QOZs) and Community Redevelopment Areas (CRAs). Working closely with City of Tampa Mayor Jane Castor and her economic development team, the Tampa Bay EDC and TBEPF determined that a campaign was needed to capitalize the initiatives required to bring living wage jobs and investment to priority QOZs and CRAs in Tampa and Hillsborough County.
The Inclusive Economic Growth Initiative (IEGI) has a two-pronged strategy for generating greater economic prosperity: creating jobs in economically distressed areas of Tampa and Hillsborough County through awareness of investment and career opportunities.
The Initiative was developed in collaboration with the City of Tampa, Hillsborough County, Career Source Tampa Bay, and Hillsborough Community College. Its general purposes are to:
Reimbursable training expenses for instructor wages, curriculum development and materials for new value-added businesses or provide existing Florida businesses the necessary training for expansion.
Target Area Programs, including Opportunity Zones, New Markets Tax Credits, and Community Redevelopment Areas.
• East Tampa
• Central Park/Ybor City
• University Area/Uptown
• Leverage partner TBEDC’s economic development capacity to drive projects and initiatives in each target area
• Utilize network of real estate, development, and finance experts to secure investment.
The CertUp Career Awareness campaign was launched in September 2022 as the signature workforce component of the Inclusive Economic Growth Initiative (IEGI). The campaign was created to address economic inequities in underserved communities including East Tampa, Central Park and Ybor City by connecting residents to short-term education and training programs that lead to high-demand, career-worthy jobs.
We recognized that while Tampa Bay’s economy was rapidly growing, many residents in historically underserved neighborhoods lacked awareness of accessible pathways into industries facing severe workforce shortages. CertUp was designed to bridge that gap by promoting affordable certificate and degree programs at Hillsborough College tied directly to in-demand careers such as welding, healthcare, cybersecurity, electrical line work, construction trades, automotive collision technology and FinTech.
In February 2021, the TBEPF established its first capital campaign, Prosper Tampa Bay.
The campaign raised more than $1.8 million in support of the Inclusive Economic Growth Initiative. The Tampa Bay EDC also donated more than $600,000 worth of in-kind services through 2024.
The Tampa Bay Economic Prosperity Foundation is grateful for the support of these generous donors to the Prosper Tampa Bay Campaign:
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