UF’s Sid Martin Biotechnology Institute received the Randall M. Whaley Incubator of the Year award for 2017, the highest award given by the International Business Innovation Association. It also won the award in 2013. Over its 21-year history, the Sid Martin incubator has served more than 100 startup companies in biotechnology, biomedicine and bioagriculture. Companies that started there have created more than 2,200 jobs, and they have secured more than $1.6 billion in capital and revenue, UF reports.

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