Tampa nonprofit tech incubator CEO to step down

Lakshmi Shenoy, CEO of Tampa innovation hub Embarc Collective, announced she will be stepping down from her post effective Jan. 1, 2025.

Tampa Bay Lightning owner and local developer Jeff Vinik hired Shenoy to run Embarc in 2017 after meeting her on a tour of other tech innovation hubs around the country. At the time she was vice president of strategy and business development at 1871, a tech entrepreneurship hub in Chicago.

“My role in this journey was to be the builder – taking it from a vision to reality,” Shenoy wrote in a LinkedIn post announcing her departure. “It's time to turn over the reins to someone who knows how to 10x a vision. Tim R. Holcomb Ph.D. is the person to do this. His experience as an operator & educator makes him the perfect leader to help Embarc Collective continue to actualize our potential.”