March 8, 2013 in ATDC News

Startup Growth Generates ATDC Expansion

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It’s an exciting time for ATDC. With Georgia’s technology startup scene growing at a rapid pace, we will soon be expanding our own staff and services in order to better support local entrepreneurs.

In the coming months, members can expect to see more Entrepreneurs-in-Residence and Community Catalysts roaming the halls, both to bolster geographic outreach and further develop ATDC’s educational and mentor programs. In addition, we will increase our office and incubator space around campus to better cater to startups with specialized needs such as microelectronics fabrication, medical device development, advanced manufacturing and sustainable energy.

“Startups are key to job growth in Georgia and ATDC companies play a critical role in positioning Georgia as a leader in emerging technology growth sectors,” said Blake Patton, ATDC’s Interim General Manager. “Georgia Tech’s increased commitment to innovation and entrepreneurism will enable us to better support our diverse portfolio of innovative startups – particularly those with specialized research and product development needs.”

Founded in 1980, ATDC has helped create thousands of jobs and millions of dollars in tax revenues by graduating more than 150 companies which, combined with current companies, have raised more than two billion dollars in outside financing and created thousands of jobs in Georgia. ATDC companies range from startups at the earliest conception stage to revenue generating, venture-fundable companies. With two facilities on Georgia Tech’s main campus, the planned expansion, and one on the satellite campus in Savannah, our members benefit from a close proximity with the school and connections to other Georgia research universities.

The expansion will be accomplished by reallocating existing Georgia Tech resources without additional state funding, and is expected to be complete by the end of June.

To check out some of our most promising companies and network with hundreds of technology leaders, local dignitaries, venture capitalists and entrepreneurs, register to attend the annual ATDC Startup Showcase on April 22. Held at the Georgia Tech Hotel & Conference Center, the premiere event is open to the public and honors Georgia’s brightest entrepreneurs, putting a spotlight on ATDC’s five graduating companies – all of whom have met rigorous growth milestones. In addition, dozens of ATDC member companies and Georgia Tech researchers will exhibit their innovative and emerging technologies.

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