Innovation center backed by financier Cathie Wood gets approval


Pinellas County, Florida has approved a master lease and operations agreement for ARK Innovation Center, a business incubator in downtown St. Petersburg backed by financier Cathie Wood.

County commissioners on Tuesday unanimously approved the agreement between the Tampa Bay Innovation Center’s nonprofit corporation STAR-TEC and the Pinellas County Industrial Development Authority, which allows the nonprofit to officially take the charge of the space.

The lease for the 45,000-square-foot facility…

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