12 technology companies from Georgia will be selected to present to West Coast-based venture capitalists and investors.
The Advanced Technology Development Center (ATDC), the state of Georgia’s globally recognized technology incubator, is now accepting applications from startups with strong growth potential for its upcoming Spring 2018 ATDC Venture Showcase to the West Coast April 10-12.
Building on the success of the inaugural series of ATDC Venture Showcases in San Francisco and New York City, the 2018 slate of Showcases will be expanded and will include pitch meetings with investors in those two locations as well as Boston. The success of previous ATDC Venture Showcases is one reason the incubator’s current portfolio companies raised $130 million in 2017.
To be eligible, applicants must be Georgia-headquartered technology companies intending to raise a Series A or higher during the next six to nine months. The application period is open until 5 p.m. on Feb. 28. Companies may apply by sending a one-page executive summary to ivy.towns@atdc.org.
The 12 companies chosen for the ATDC Venture Showcase will be notified March 5 after the selection committee has reviewed all applications.
The ATDC Venture Showcase series is co-hosted by Morris, Manning & Martin, Aprio, Silicon Valley Bank, Venture Atlanta, and the Metro Atlanta Chamber.
The effort is ATDC’s third Venture Showcase and the incubator’s second visit to the West Coast since launching the initiative in the spring of 2017.
“We continue to build on the success of our prior trips to New York and the West Coast,” said ATDC Assistant Director Jane McCracken, noting the 2017 spring trip resulted in New Enterprise Associates becoming the lead investor for one presenting company’s $8.8 million Series A round.
“Venture capitalists are eager to see and learn what technology companies in Georgia are doing and how their innovative technologies are disrupting the marketplace,” she said.
The initiative is an offshoot of the ATDC’s highly successful Investor Connect program. That effort allows funders — from angels to venture capitalists and corporate investors — to interact with the highly vetted, market disruptive, investor-ready companies in ATDC’s Signature and Accelerate portfolios.
About the Advanced Technology Development Center:
The Advanced Technology Development Center (ATDC), a program of the Georgia Institute of Technology, is the state of Georgia’s technology startup incubator. Founded in 1980 by the Georgia General Assembly, which funds it each year, ATDC’s mission is to work with entrepreneurs in Georgia to help them learn, launch, scale, and succeed in the creation of viable, disruptive technology companies. Since its founding, ATDC has grown to become one of the longest running and most successful university-affiliated incubators in the United States, with its graduate startup companies raising $3 billion in investment financing and generating more than $12 billion in revenue in the state of Georgia. To learn more, visit atdc.org.