📍 Launching in Tampa Bay · Florida Opportunity Zone

Where ideas incubate.

Incuvate is Tampa's live-work startup incubator — a place to build your company, sleep a few feet from your whiteboard, and get funded in milestones that protect everyone's money.

"Nest the idea. Grow the company. Take flight."

Apply to the Tampa Cohort → How Funding Works
What It Is

Part Office. Part Hostel. All Momentum.

Incuvate is a startup incubator you can work from — and, if you want to be all-in, live in. Subsidized space in exchange for equity, a founder community under one roof, and capital that's released as you earn it.

🏗️

Space for Equity

Early founders get free or subsidized desk and office space in exchange for an agreed equity stake. No cash rent while you find product-market fit — we win when you win.

💼

Established? Rent + Equity

Already generating revenue? Pay subsidized rent plus a smaller equity component — below-market space and a seat in the network.

🛰️

Matchmaking Built In

Like 216 Singles, but for startups and capital — we pair the right founder with the right accredited investor, and manage the money to protect both.

Live-Work

Stay If You Want to Go All-In

Founders in the thick of it can live on-site — a bunk, a desk, and a community of people building alongside you. It's optional, and it comes with house rules. This is a professional space for serious builders, open to everyone who respects it.

🧑‍🤝‍🧑

Open to all serious founders. Smart, driven people of every background — we're building a mixed, professional community, not a frat house.

🛏️

Office-first, stay optional. Use it as your day office, or stay over when you're deep in a sprint. Residency is earned and agreed in advance.

🚫

No drugs, no shady business. Zero tolerance. Anything illegal or sketchy and you're out — it protects everyone's work and reputation.

🤝

Respect the house and each other. A clear code of conduct keeps it safe, focused, and welcoming for all residents and guests.

Locations

Multi-Site Across Tampa Bay

Incuvate plugs into established, professional clinic spaces across the Tampa Bay metro — giving founders a real, staffed home base from day one.

📍

Riverview / Brandon

10021 Beach Verbena Drive
Riverview, FL 33578

📍

Westchase / Hillsborough

Serving Westchase, Citrus Park, Town N Country & Hillsborough.

📍

Carrollwood / Dale Mabry

Serving Carrollwood, Lutz & the Dale Mabry corridor.

📍

New Port Richey

Serving Odessa, New Port Richey & northwest Tampa Bay.

Capital Protection

We Release Money in Milestones — Not All at Once

Investor capital isn't handed over in a lump and hoped for the best. Incuvate escrows and releases it in tranches, gated by milestones the founder commits to.

1

You commit the capital

An investor commits, say, $100,000 to a vetted startup. We hold it and deploy gradually — your downside is never the full amount at once.

2

First tranche released

We release the first phase — e.g. $20,000 — against a milestone the founder promises to hit in a set window (say, 3 months).

3

Milestone met → next tranche

Delivers on schedule? We release the next $20,000. Misses it? The remaining capital stays protected and terms are renegotiated. The startup is fueled as it earns it.

4

Equity accrues

As milestones are met, equity builds — a target like ~10% each for Incuvate (as managing partner) and for you (as investor).

5

Exit your way

After an agreed hold, sell your shares back to the founder, to Incuvate, or to a qualified third party. Stacked with Opportunity Zone and R&D-credit treatment, your capital is protected in and liquid out.

Three stacked tax advantages: sited in a Florida Qualified Opportunity Zone (capital-gains deferral/exclusion), open to R&D-credit investors funding qualifying research, and structured for accredited-investor equity. Incuvate earns from both rent and active fund management — aligning us with protecting the investor while the founder earns each tranche.
Disclosure: Incuvate facilitates incubation and fund administration; it is not a broker-dealer, investment adviser, or tax/legal advisor. Accreditation, OZ, and R&D-credit treatment depend on each party's circumstances and current law. Nothing here is an offer to sell securities. Consult your own advisors.
Founders

Built by Operators, Not Spectators

Incuvate is a partnership between two Tampa-area founders who bring complementary assets: operating know-how and real physical space.

PM

Prahlad Menon

Co-Founder

PhD (Carnegie Mellon), PMP. Mentor with the Swartz Center for Entrepreneurship at Carnegie Mellon (VentureBridge accelerator). Founder of QuantMD and ThinkCreate.AI. Brings the incubation playbook, AI/tech operating muscle, investor matchmaking, and fund-management structure.

NS

Nauman Salim

Co-Founder

Tampa-area operator and physician (MD) contributing the physical footprint — a conference room and a dedicated office across his five clinic spaces in the Tampa area, giving Incuvate an instant multi-site home.

A founding partnership. One brings the model and the capital machinery; the other brings the rooms to build in.

Apply

Join the Incuvate Cohort

Founder or investor — tell us who you are and we'll be in touch.