Advanced Technology Development Center

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The Advanced Technology Development Center (ATDC) is a science and business incubator in Georgia, United States. It is part of the Enterprise Innovation Institute (EI2) at the Georgia Institute of Technology, and is headquartered in Technology Square, Atlanta. [1]

Contents

History

ATDC was formed in 1980 to stimulate growth in Georgia's technology business base, and admitted its first member company in 1981. [2] It now has locations in Atlanta, Alpharetta, Athens, Augusta, Forsyth County, Peachtree Corners, and Savannah. In 2011, ATDC expanded its mission by merging with Georgia Tech's VentureLab and with the Georgia SBIR Assistance Program. ATDC has opened its membership to all technology entrepreneurs in Georgia, from those at the earliest conception stage to the well-established, venture-fundable companies. [3]

More than 190 companies have been started at the Center, [4] including firms such as NueMD, KontrolFreek, and Pindrop Security. [5] Sponsored companies have created over 51,000 man-years of employment, generated over $12.7 billion revenue, generated over $100 million in profit to Georgia, and raised over $1 billion in venture capital since 1999. [6] ATDC has been recognized by Inc. Magazine and Business Week as one of the nation's top incubators, and has won several other awards. [6] [7] [8]

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References

  1. ↑ "Advanced Technology Development Center". Georgia Tech Research Support Facilities. Archived from the original on 17 August 2007. Retrieved 8 August 2007.
  2. ↑ "History". Advanced Technology Development Center. Archived from the original on 2007-06-07. Retrieved 2007-08-08.
  3. ↑ "About ATDC". Advanced Technology Development Center. Archived from the original on 2011-10-08. Retrieved 2011-10-12.
  4. ↑ Simmons, Kenna (27 Feb 2023). "Growing Tech in Georgia". Georgia Trend. Georgia Trend Magazine. Retrieved 30 Dec 2024. Founded in 1980, the granddaddy of tech incubators (one of the oldest in the country) has graduated more than 190 companies along the way.
  5. ↑ {{cite web |url=https://www.atlantamagazine.com/groundbreakers-2018/advanced-technology-development-center/ |title=Atlanta Groundbreaker Awards |publisher=Atlanta Magazine |accessdate=30 Dec 2024
  6. 1 2 "Success". Advanced Technology Development Center. Archived from the original on 2007-06-08. Retrieved 2007-08-08.
  7. ↑ Rosenwein, Rifka (2000-11-01). "The Idea Factories". Inc. Magazine. Retrieved 2007-08-08.
  8. ↑ "Georgia Tech's Advanced Technology Development Center Wins Award for Technology-led Economic Development Efforts" (Press release). Georgia Institute of Technology. 2004-06-10. Archived from the original on February 22, 2009. Retrieved 2007-08-08.
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