Stages:

• Seed

 

Industries:

Information Technology

Life Sciences & Healthcare

 

Description:

Formed in 1980, the Advanced Technology Development Center (ATDC) is a nationally recognized technology incubator that helps Georgia entrepreneurs launch and build successful companies. Headquartered at the Georgia Institute of Technology, ATDC has been recognized by Inc. Magazine as one of the nation's top non-profit incubators. ATDC provides strategic business advice and connects its member companies to the people and resources they need to succeed. More than 130 companies have emerged from ATDC, including publicly-traded firms such as MindSpring Enterprises. ATDC also manages a seed capital fund that invests in Georgia-based businesses pursuing innovation in bioscience and advanced technology. The fund collaborates with both local and national investors, investing $1 of its own capital for every $3 of private investment. The fund can invest up to $1 million in any one company. Launched by a multi-year grant from the Charles A. Edison Fund, the Georgia Tech Edison provides seed funding for early-stage technology companies that have a close association with Georgia Tech. The Fund invests in companies that may be founded by Georgia Tech faculty, students and graduates; licensing technology from Georgia Tech; sponsoring research at Georgia Tech; or even hiring a large number of Georgia Tech alumni. Investments are generally less then $250,000. $12 billion in revenue has been generated by ATDC companies in Georgia.