Fill out this form to email this article to a friend
Research firm chooses St. Petersburg
Early Edition: A new company called SRI St. Petersburg will start business Jan. 2, and eventually work out of a building next to the USF St. Petersburg campus.
By CURTIS KRUEGER
Published November 30, 2006
ST. PETERSBURG - After nearly a year of negotiations, a Silicon Valley research firm announced today it is coming to St. Petersburg to develop high-tech marine science products alongside scientists from the University of South Florida.
A new company called SRI St. Petersburg will start business Jan. 2, and eventually work out of a new $10-million waterfront building next to the USF St. Petersburg campus.
It expects to start with a staff of 40, and increase staff to 200 within 10 years.
“We’re convinced we can create enormous opportunities here in Florida as well as for our customers around the state and the world,’’ said SRI International CEO Curtis R. Carlson.
Carlson said his non-profit firm specializes in forming partnerships with researchers - like those at USF - to turn their ideas into viable businesses.
He said the new St. Petersburg venture would take innovations developed at USF and turn them into marketable products for providing security at ports, and for environmental science.
The university, SRI St. Petersburg, and the state would receive portions of the royalties generated by the new company’s inventions.
A package of $25-million from the state and $5-million from Pinellas County helped lure the non-profit firm to the city. The land for the new building is owned by the city of St. Petersburg, and will be leased to the new company.
[Last modified November 30, 2006, 15:29:41]
Share your thoughts on this story
|
News
Fifty years ago, they were screwed-up kids sent to the Florida School for Boys to be straightened out. But now they are screwed-up men, scarred by the whippings they endured. Read the story and see a video and portrait gallery.
Print
Email story
Comment
Email editor
