Report: Domi Activities Generated $7.9M Impact in 2025

Report: Domi Activities Generated $7.9M Impact in 2025

The Leon County Board of County Commissioners is set to consider acceptance of the Fiscal Year 2025 annual Entrepreneurial Community Impact Report from Domi Education, Inc., highlighting another year of economic activity generated through the county-supported business incubator.

Under its lease agreement with Leon County, Domi must submit an annual report detailing incubator programs, membership and economic impact. The nonprofit operates Domi Station, a 7,700-square-foot county-owned warehouse that once housed election equipment. The facility opened in 2014 as part of a public-private partnership that included Florida State University and Florida A&M University.

The county leases the property to Domi at a below-market rate in exchange for incubation management services. Under a lease renewed in 2022 and effective through 2027, Domi pays a $1 annual base rent plus maintenance reimbursements. In FY 2025, the organization paid $2,041 in rent and maintenance costs.

According to the report, businesses supported by Domi generated $7.9 million in overall economic impact between Oct. 1, 2024, and Sept. 30, 2025. Member companies reported $2.53 million in revenue, contributed nearly $214,000 in state and local taxes, and created or retained 32 jobs. Since 2020, Domi members have generated a cumulative $466 million in economic impact.

The incubator served 70 coworking members during the fiscal year, provided 147 mentor sessions and supported 38 startups through its incubation program. Sixteen companies expanded beyond Domi’s direct support. Domi also hosted or organized 52 events, including 28 virtual sessions that drew more than 500 attendees.

Since its formation as a 501(c)(3) nonprofit in 2013, Domi has received $533,000 in county investment for facility improvements, fiber installation and programming support, including pandemic recovery funds. To date, the incubator has supported more than 396 startups and small businesses and served nearly 1,000 coworkers.

County economic development officials say collaboration with Domi will continue in FY 2026, with expanded referrals, technical workshops and strategic support aimed at strengthening Leon County’s entrepreneurial ecosystem.

One Response to "Report: Domi Activities Generated $7.9M Impact in 2025"

Leave a Reply

Your email address will not be published.