Ten Georgia technology firms will be selected from applicant pool
to present to New York City-based investors in December 2017.
The Advanced Technology Development Center (ATDC), the state of Georgia’s technology incubator, is now accepting applications from high-growth technology startups for its upcoming Dec. 4 Venture Showcase Roadtrip to New York City.
The application period is open from Oct. 2 through 5 p.m. on Oct. 20 and any Georgia-headquartered technology company raising a Series A round or higher is eligible. The 10 selected companies will be notified Oct. 27 after the selection committee has reviewed all applicants.
The Venture Showcase Roadtrip is co-hosted by Morris, Manning & Martin, Silicon Valley Bank, Venture Atlanta, the Metro Atlanta Chamber, and Aprio.
Those interested in applying should send a one-page executive summary to ATDC Assistant Director Jane McCracken at jane@atdc.org.
The initiative is an offshoot of the ATDC’s Investor Connect program, and allows funders — from angels to venture capitalists and other later-stage investors — to network with the highly vetted, market disruptive companies in ATDC’s Signature and Accelerate portfolios.
“The Venture Showcase Roadtrip introduces investors to a carefully curated group of companies to foster meaningful and targeted conversations and connections, as well as give the venture firms a sense of the caliber of technology startups in Georgia,” McCracken said. “Our inaugural roadtrip to the West Coast earlier this year is a perfect example of the kinds of connections we facilitate.”
In that trip to San Francisco, 11 Georgia companies met with a group of Silicon Valley venture capitalists. Evident, an ATDC Signature portfolio company, met with New Enterprise Associates (NEA). That initial connection resulted in NEA becoming the lead investor in Evident’s recent $8.8 million Series A round.
“The San Francisco trip was an important milestone for our company. The ATDC name got us in front of an extremely selective and highly sought after group of venture capitalists eager to meet quality, disruptive companies,” said David Thomas, Evident’s founder and CEO. “It facilitated a critically important series of initial meetings that ultimately led to our successful Series A.”
ABOUT ATDC:
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.