UF launches 'Innovation Station' in Sarasota

SARASOTA — Sarasota County is on the verge of an agreement with the University of Florida that officials say will lure tech companies to the area and bolster the local economy.

On Friday, Sarasota County commissioners will meet for a special session to consider funding an educational engineering center run by UF with a $1 million grant to be paid over the next half-decade. The school's Herbert Wertheim College of Engineering will us the so-called “Innovation Station” to partner with local companies, K-12 schools and the startup economy.

The school will use the money to help lease a 1,500-square-foot office and to hire a local Innovation Station director and two coordinators, according to the grant agreement. UF is offering another $1 million to support the overall $3 million budget for the project.