The South Florida Accelerator has expanded with a new location at the Cambridge Innovation Center at Converge Miami, formerly known as the University of Miami Life Science & Technology Park.

The second space aims to accommodate TSFA’s rapid growth as an off-ramp startup accelerator and leverage the area’s talent pool.

“The decision to expand our presence into the Miami area was a logical step in our business growth strategy,” said Thomas Buchar, who, alongside Christopher Malter, co-founded and manages TSFA. “We have the opportunity to further grow staffing and capabilities, as well as increase our ability to attract more innovative companies and intellectual capital into the South Florida region.”

Focusing on verticals such as financial technology and life sciences, TSFA, headquartered in Fort Lauderdale, differs from other accelerators through strategic partnerships, “which at the very onset provide many of its startups the ability to create IP that can be off-ramped rapidly for acquisition and/or carry thru to commercial viability,” the group says.

TSFA says it intends to expand its portfolio following the move, focusing specifically on life sciences and fintech.

The newly opened CIC, at 1951 NW Seventh Ave., counts a number of tech- and startup-driven endeavors among its tenants. Its direction as a shared workspace for South Florida businesses “dovetails” with TSFA’s goals, says CIC general manager Natalia Martinez-Kalinina.

“CIC Miami is thrilled to be welcoming The South Florida Accelerator to our growing community. We share TSFA’s vision of creating a stronger innovation ecosystem here in South Florida and welcome the opportunity to collaborate,” Martinez-Kalinina said.

Buchar and Malter share diverting professional backgrounds that meld within TSFA. Buchar is an angel investor and entrepreneur, while Malter has more than 20 years of experience in the fields of life science, technology, energy and aerospace.

The accelerator recently announced a partnership with Citrix Systems and Spyder Active Sports.

Read the full article here in the South Florida Business Journal.

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