a nighttime image of UF Innovate | Accelerate at The Hub. The sign and the lower part of the building are lit against a dark blue sky.

Why UF Innovate | Accelerate

We inspire entrepreneurs to create, change, and cure for a better world.

Growing a company is a complex, multi-faceted effort. Founders of early-stage bioscience and technology companies need qualified laboratory space, equipment, advice, mentoring, and investment. At UF Innovate | Accelerate, we provide all this – and more – to help entrepreneurs reach their goals of getting to market.

We provide outstanding programs to assist startups and early-stage growth companies. Our offerings include assistance with finding finances and forming relationships with venture investment groups; access to legal and accounting help; matching company leaders with experienced entrepreneurs and advisors in specialty areas; and guidance on recruitment of qualified employees.

Located in Alachua, Accelerate at Sid Martin Biotech has quality laboratory space, conference/training rooms, animal facilities, greenhouses, and over $2.5 million of shared scientific equipment.

The center of the Gainesville Innovation District between UF and downtown, Accelerate at The Hub is a mixed-use business incubator and the largest home for early-stage companies in the Southeastern United States. It has dry and web laboratory space, conference/training rooms, fume hoods and clean rooms, and connections to UF resources, funding opportunities, professional service providers, and more.

Our leadership group is an unmatched team of seasoned business leaders, advisors, and support staff. 

Quick Facts About Our Companies and Facilities

  • $12 billion of invested capital
  • 84 percent success rate (clients that remain a viable company five years after graduation)
  • 28 percent of our resident clients are affiliated with UF
  • 22 clients have graduated in the past years
  • Wages are 34 percent higher than the state of Florida average
  • At 130,000 square feet, Accelerate has one of the largest super hub programs in the United States
  • More than 230 residential companies assisted
  • Recipients of 9 international awards

Winner of Nine International and National Awards

In 2020, Sid Martin Biotech won the Randall M. Whaley Incubator of the Year award; it is the only incubator to have won it more than once. It also received the 2020 Rural Entrepreneurship Center of the Year.

In 2018, The Hub won the global Mixed-Use Entrepreneurship Center of the Year from the InBIA.

In 2017, Sid Martin Biotech won the International Business Innovation Association’s Randall M. Whaley Global Incubator of the Year award for a second time. (Sid Martin Biotech had won the Randall M. Whaley award in 2013 along with the InBIA’s Dinah Adkins Technology Incubator of the year.) Also in 2017, the Sid picked up the InBIA Science/Technology Entrepreneurship Center of the Year at InBIA’s International Conference in Seattle.

In 2013, University Business Incubator Index named us the Top Biotech among university business incubators, using 50+ performance indicators among 150 incubators in 22 countries as criteria for the award. We also received the 2014 State Science & Technology Institute (SSTI)’s “Excellence in Technology-Based Economic Development” award for our achievements in the technology commercialization category.

In fact, 12 percent of Florida biotech companies in business today got their start in UF Innovate’s incubation facilities; those incubated companies have created more than 7,900 jobs with an average annual salary of $79,200; and generated over $12 billion in private investment.

You could say we’re proud of our reputation and awards. (We are.) But we’re more proud of our mission statement — “We inspire entrepreneurs to create, change, and cure for a better world” — because that’s not just our mission; it’s what we do.