12 Georgia-based technology firms will be selected to present to New York area venture capitalists.
The Advanced Technology Development Center (ATDC), the state of Georgia’s technology incubator, is now accepting applications from high-growth technology startups for the ATDC Venture Showcase to New York City on November 28.
The application period is open from September 27 through 5 p.m. on October 12. Any Georgia-headquartered technology company raising a Series A round or higher is eligible. The companies selected to present in New York City will be notified October 22 after the selection committee’s review of all applicants.
Launched in early 2017, the ATDC Venture Showcase Series, which takes place in Boston and Silicon Valley, in addition to New York City, is an offshoot of the incubator’s Investor Connect program. It introduces investors to companies and is designed to facilitate targeted conversations and connections, McCracken said.
“These venture showcases have led to meaningful deal flow and were a critical part of our portfolio companies’ being able to attract $130 million in capital in 2017,” McCracken said.
“More than 100 venture capital firms on the West Coast and in the Northeast attended the first four Venture Showcases to see some of Georgia’s most promising technology companies. They now want to learn more about what’s happening here, so they’re coming to Georgia to meet even more of our high-potential companies.
“The caliber of our Georgia-based technology companies is compelling to the VC community and that’s helping the state attract more attention, and more importantly, investment dollars that support further growth and development of our tech ecosystem,” McCracken said.
The ATDC Venture Showcase Series is co-sponsored by Morris, Manning & Martin, Venture Atlanta, the Metro Atlanta Chamber, Aprio, DLA Piper, and Silicon Valley Bank, which will host the event at its New York offices.
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.
About ATDC Investor Connect:
ATDC strategically matches its portfolio companies to capital through curated investor interactions. The Investor Relations manager is available for consultations to help companies develop a focused funding strategy. In addition, the manager works with the incubator’s coaching staff for funding preparation. The outcome creates exceptionally engineered investor readiness, resulting in high value deal flow for investors. For more information, visit atdc.org/how-we-help/capital.