The Florida Atlantic University Tech Runway 2017 report shows the incubator’s economic impact on the South Florida region continues to grow, at a clip even higher than the previous year.

A public-private partnership aimed at fostering growth of early-stage startups, FAU Tech Runway promotes the growth of 52 affiliated companies, measuring its progress through the cumulative growth of firms associated with the program.

In 2017, Tech Runway companies collectively created 94 local jobs and 18 internships, in addition to raising about $4 million in investment capital, according to the latest economic impact report, released this week.

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