HomeBusinessEast Tampa Entrepreneurs – New 5508 Accelerator Program at THAP, funded by...

East Tampa Entrepreneurs – New 5508 Accelerator Program at THAP, funded by City of Tampa

Jason Reekmans (with his family above) is owner of Spotter Tax Resolution. He is one of the first entrepreneurs to join the 5508 Accelerator. His firm currently has two employees who specialize in tax planning and preparation and insurance. Jason’s passion is helping families build generational wealth.

A One Community Opportunity Alert

The City of Tampa and the Tampa-Hillsborough Action Plan, Inc. (THAPgroup) just announced a new partnership to help microbusinesses rebound and accelerate growth in the wake of massive economic losses of 2020.

The project – called the 5508 Business Accelerator – will work with both aspiring and in-business entrepreneurs who live or operate businesses in the 7.5-square mile East Tampa community, which is one of the most racially and socioeconomically diverse areas of the City of Tampa.

The goal of the project is to help businesses measurably grow their revenue by providing their owners training, small amounts of seed capital to invest in business technology, and personal coaching.

The development-centered program is complimentary and allows entrepreneurs to attend virtual and in-person sessions covering growth topics with expert facilitators and guest speakers.

Entrepreneurs interested in the 5508 Accelerator submit applications online. The deadline to apply is March 31, 2021 and applications are reviewed and answered weekly until then.

Training sessions continue through September 30, 2021 and will cover topics such as “How to Do Business with Corporate & Government Procurement Programs,” “Determining & Sourcing Your Business Capital Needs,” “Growth & Operations Planning,” and “Virtual Work Solutions.”

“The business environment is shifting and transforming,” says THAPgroup CEO Derrick Blue. “We want to help our small businesses be able to effectively respond to these changes.” Small business programs at 5508 are dedicated to revitalizing and sustaining business growth in East Tampa.

As a point-of-synergy, participants in the Accelerator may also have the opportunity to lease space at the 5508 Incubator, which currently houses 35 resident entrepreneurs and social enterprise leaders with offices at the 3+ acre campus. The 5508 Incubator accepts an average two to four new entrepreneurs each year for 12-month affordable leases with on-site business development programming year-round.  

Entrepreneurs interested in the 5508 Business Accelerator can apply online by visiting www.thapgroup.org/5508accelerator. They may also call the THAPgrop office at 813.626.4926 or visit 5508 North 50th Street, Suite #7, in Tampa, weekdays from 10:00 am to 2:00 pm.

Gypsy Gallardo
Gypsy Gallardo
The Power Broker was born in 2005 to promote the people and organizations “who are moving, shaking and breaking new ground for and with the African American community.”
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