atdc

NIH awards $2.9M to Annoviant to advance heart disease technology

admin — Fri, 19 Apr 2024 15:39:41 +0000

NIH awards $2.9M to Annoviant to advance heart disease technology admin Fri, 04/19/2024 - 11:39

ATLANTA — Annoviant Inc. a health technology company and member startup in the Center for MedTech Excellence at Georgia Tech's Enterprise Innovation Institute, is receiving a $2.99 million National Institutes of Health (NIH) grant to further scale the development and commercialization of its TxGuard™ pulmonary-valved conduit for pediatric heart disease.

The award follows two Phase I NIH grants the company received, the most recent being in 2021.

Annoviant's patented TxGuard™ stands at the forefront of technological innovation in conduit replacements for treating congenital heart disease (CHD), the most prevalent birth defect globally and a leading cause of birth-related mortality, the company said.

CHD encompasses a broad range of abnormalities that disrupt blood flow to and from the heart. It affects approximately 40,000 newborns annually — or 1% of births in the U.S. — and 1.35 million worldwide. With an estimated 2.9 million CHD patients in the U.S. alone, the need for advanced solutions is paramount.

"This marks a significant milestone for Annoviant as we accelerate our pursuit of impactful innovation to save lives," said Annoviant CEO and co-founder Ajay Houde, Ph.D. "It validates our hypothesis and shows the NIH's confidence in our ability to make good progress. Because we are a small startup, it gives private investors the confidence to invest with us and more companies working with us across the broader ecosystem."

Addressing critical shortcomings observed in current commercial devices, TxGuard™ offers clinical advantages, notably its resistance to calcification, thrombosis, infection, and the host cell integration. This cutting-edge technology marks a new era in pediatric cardiac interventions, providing durable pulmonary valved grafts that adapt and regenerate alongside patients, minimizing the need for multiple re-operations over their lifetimes.

"Heart disease is the leading killer of men and women in the U.S. and is the most common birth defect in our newborns," said Center for MedTech Excellence Director Nakia Melecio, who worked with Annoviant to help it scale and reviewed its federal funding submissions.

The Center for MedTech Excellence, which launched in 2022, works with early-stage life sciences startups that have specific obstacles that young tech companies in other sectors don't face.

"This is a critical milestone for the company, and validates its research and work, thus far," Melicio said. "Annoviant's technology is tackling several challenges that the market currently faces and elevating the possibility for better patient outcomes in management of congestive heart failure."

Pediatric patients with CHD often undergo multiple cardiovascular surgeries throughout their lives, with associated costs totaling billions for the U.S. healthcare industry. TxGuard™ offers a transformative solution to this ongoing challenge, promising extended durability and reduced healthcare burden for patients and providers alike.

He credited the company's work with the Center for MedTech Excellence and being a health tech startup in the Advanced Technology Development Center (ATDC), the Enterprise Innovation Institute's startup incubator, as being pivotal in Annoviant's growth.

ATDC SBIR/STTR Catalyst Connie Casteel, who works with the incubator's portfolio companies to help the prepare for these federal, non-dilutive funding grants, had worked with Annoviant on its federal funding approach and strategy.

"We went through the 16-week program with the MedTech Center and it really helped us think through the various aspects of the commercialization process and operational challenges we would face," Houde said. "Greg Jungles at ATDC was also instrumental in helping us. I'm really thankful for Nakia and his work with the MedTech Center and Greg and the team at ATDC."

Summary sentence

Grant is third NIH award for health technology startup.

Summary

Company to deploy resources toward scaling its pediatric heard disease technology and commercialization efforts.

Dateline

Fri, 04/19/2024 - 12:00

peralte@gatech.edu

Contact

Péralte C. Paul
peralte@gatech.edu
404.316..1210

Associated importer

Keywords

annoviant

atdc

Center for MedTech Excellence

Heart Disease

pediatrics

Georgia Manufacturing Extension Partnership

go-researchnews

News room topics

Business and Economic Development

Health and Medicine

Categories

Biotechnology, Health, Bioengineering, Genetics

Business

Life Sciences and Biology

Research

Mercury ID

674277

Source updated

Fri, 04/19/2024 - 11:39

Bold Move to Columbus Marks First Semiconductor Manufacturer in Region

admin — Thu, 25 Jan 2024 15:27:41 +0000

Bold Move to Columbus Marks First Semiconductor Manufacturer in Region admin Thu, 01/25/2024 - 10:27

COLUMBUS and ATLANTA, GA — Innovative partnering proved successful as CHIPS4CHIPS announced the locating of the first semiconductor manufacturer in the Chattahoochee Valley. Micromize, a pioneering semiconductor manufacturer specializing in energy-efficient electronics for wearables and mobile devices, has chosen Columbus as the location for its inaugural manufacturing facility.

The move is the result of strategic partnerships between Micromize, CHIPS4CHIPS (Chattahoochee Hub for Innovation and Production of Semiconductors/C4C), and several programs at Georgia Tech’s Enterprise Innovation Institute, including its Advanced Technology Development Center (ATDC), its Georgia Manufacturing Extension Partnership, and the Center for Economic Development Research. It also signifies a collaborative effort to harness the cutting-edge innovations in semiconductor packaging available at Tech’s Institute for Electronics and Nanotechnology.

"Our decision to locate in Columbus was driven by several crucial factors, and we are thrilled about the opportunities that this vibrant city presents for our growth and development,” said Prashant Patil, Micromize founder and CEO. “The work of CHIPS4CHIPS in supporting the semiconductor industry is commendable, and we are excited to be part of this innovative ecosystem.”

This exciting development was announced Tuesday, Jan. 23, at the Marcus Nanotechnology Center on Georgia Tech’s campus to a large group of state legislators and other state officials, a delegation of business and civic leaders from Columbus, and leadership from Georgia Tech and ATDC. The announcement is a true look at how statewide partnerships can lead to success for the Columbus region.

Micromize, a spinoff of the Massachusetts Institute of Technology, selected Georgia as its new home, in part, to take advantage of the semiconductor packaging expertise at Georgia Tech. The company plans to establish its headquarters and manufacturing facility in Columbus, further solidifying its presence in the state’s vibrant technology ecosystem. Additionally, Micromize will center its cutting-edge research and development on Georgia Tech's campus.

"The collaboration with Micromize is a significant milestone for CHIPS4CHIPS and the entire region,” said Ben Moser, president and CEO of United Way of the Chattahoochee Valley and chair of CHIPS4CHIPS. “This announcement marks the first of what we believe will be many to come, and we are thankful that Micromize recognizes the potential of our region for this industry. Columbus is poised for remarkable development, and we look forward to the positive impact that Micromize will bring to our community.”

The strategic relocation is expected to create significant economic opportunities in the region. Micromize will bring 20-25 jobs to Columbus through its headquarters and manufacturing facility, contributing to the local workforce, and fostering growth.

Micromize will center its Research & Development Lab at Georgia Tech’s 3D Systems Packaging Research Center, which is regarded as the world’s best for semiconductor packaging research. This partnership represents a synergistic collaboration of industry leaders, research institutions, and the entrepreneurial ecosystem. Micromize's move to Columbus not only underscores the city's growing prominence as a technology hub, but also highlights the collaborative efforts driving innovation and economic development in the state of Georgia.

In addition to C4C’s nationally recognized workforce development efforts, the Fort Moore Army base, and its skilled workforce, the region’s proximity to a port and airport will facilitate efficient shipping, and Columbus played a pivotal role in supporting the company by providing essential infrastructure, he said.

“Our collaboration with Georgia Tech enriches our talent pool, adds exponentially to our research and development capabilities, and access to mentorship at ATDC enhances our commercialization potential,” Patil said. “We are also proud to be part of the effort to revitalize semiconductor manufacturing in the United States, with Columbus serving as our starting point as we embark on this exciting journey of growth and innovation.”

Georgia Tech, a leader in microchips and nanotechnology research, innovation, and fabrication, provides fertile ground for Micromize's relocation. The Institute’s commitment to advancing semiconductor technology aligns with the national push at the federal level (via the CHIPS and Science Act) to bring more semiconductor production to the U.S., making it more competitive in research, development, and manufacturing.

“As the state’s technology startup incubator, we’re excited to welcome Micromize into our portfolio and to support them into the next phase of growth and expansion,” said ATDC Director John Avery.

“Microchips, semiconductor packaging, and microelectronics are critical to our national economy and national security. Micromize’s choosing Georgia as its home to grow reflects what is proving to be a successful model when business, government, and research institutions such as Georgia Tech collaborate.”

Summary sentence

CHIPS4CHIPS strategy, Georgia Tech collaboration, prove successful

Summary

Innovative partnering proved successful as CHIPS4CHIPS announced the locating of the first semiconductor manufacturer in the Chattahoochee Valley.

Dateline

Wed, 01/24/2024 - 12:00

peralte@gatech.edu

Contact

Péralte C. Paul
404.316.1210
peralte@atdc.org

Sidebar

About Micromize
Micromize is a leading provider of energy-efficient electronics for wearables and mobile devices. With a foundation rooted in MIT research in semiconductor packaging, Micromize is at the forefront of technological innovation, creating solutions that empower the future of electronics.

About CHIPS4CHIPS
CHIPS4CHIPS (Chattahoochee Hub for Innovation and Production of Semiconductors) is a dynamic bi-state, multi-county coalition in the Chattahoochee Valley, uniting hundreds of individuals, organizations, and businesses, as well as the public and private sector. C4C’s vision positions our region as the Southeast leader in U.S. semiconductor manufacturing. C4C’s efforts will bolster the domestic semiconductor industry, contribute to regional economic growth, support national security, and reduce poverty through the creation of well-paying jobs. With the industry’s significant U.S. expansion, C4C strategically aligns with the public, business, and educational sectors to foster a skilled semiconductor value chain.

About Georgia Tech
The Georgia Institute of Technology, or Georgia Tech, is one of the top public research universities in the U.S., developing leaders who advance technology and improve the human condition.

The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees. Its more than 46,000 students, representing 50 states and more than 150 countries, study at the main campus in Atlanta, at campuses in France and China, and through distance and online learning.

As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than $1 billion in research annually for government, industry, and society.

About ATDC
The Advanced Technology Development Center (ATDC), a program of the Georgia Institute of Technology’s Enterprise Innovation Institute, is the state’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 the longest running and one of the 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.

Associated importer

Keywords

Micromize

Institute for Electroncs and Nanotechnology

atdc

GaMEP

Center for Economic Development Research

Columbus GA

News room topics

Business and Economic Development

Categories

Business

Economic Development and Policy

Nanotechnology and Nanoscience

Mercury ID

672404

Source updated

Thu, 01/25/2024 - 10:26

ManTech Partners With Georgia Institute of Technology’s ATDC to Drive Innovative Cyber Security and Emerging Technologies for Government

admin — Thu, 28 Sep 2023 12:47:41 +0000

ManTech Partners With Georgia Institute of Technology’s ATDC to Drive Innovative Cyber Security and Emerging Technologies for Government admin Thu, 09/28/2023 - 08:47

The announcement marks ATDC’s first such agreement with a federal systems integrator. Leveraging ManTech’s deep government experience, the partnership will help entrepreneurs in ATDC’s Cyber and Emerging Technologies Program develop innovative, disruptive solutions that target and resolve federal agencies’ most pressing and difficult challenges.

ManTech provides advanced, mission-focused technology solutions and services for every branch of the federal government including the Department of Defense, intelligence community, and federal civilian agencies.

“ManTech is proud to work with ATDC in an industry-leading initiative that will accelerate government access to highly differentiated cyber and emerging tech solutions with the potential to stop even the most insidious cyberattacks on contact,” said Joe Cubba, ManTech executive vice president and chief growth officer. “Together, we are turning today’s next-gen innovators into the technology thought leaders and giants of the future.”

ATDC, the state of Georgia’s technology incubator, works with entrepreneurs to build, scale, and launch successful technology companies. Since its founding in 1980, ATDC has provided coaching, curriculum, community, connections, and access to capital and customers. Among the many benefits for young technology ventures, this partnership builds on ATDC’s platform with training and mentoring on how startups can grow their business with funding by the government’s Small Business Innovation Research program.

“Small companies need a proven systems integrator like ManTech to drive government introductions, integrate and deploy their technology, and show how it can make a real difference in supporting the mission,” said Corbett Gilliam, ATDC’s manager of corporate development. “ManTech and ATDC are bringing today and tomorrow’s Edisons and Teslas deep inside the very operations that keep this nation safe.”

As part of the partnership, ATDC has hired Blair Tighe to lead the vertical. In that role, Tighe, a U.S. Army veteran with a combined background of private sector cyber strategy and emerging technologies, will manage the pipeline, evaluate technologies, and coach companies.

He will leverage ATDC’s Connect program and expertise to secure opportunities for pilot projects, investments, and customers. He also will work with ManTech to mentor companies and host classes and educational programming built around the specific needs of the cyber and emerging tech sector.

The cyber focus comes as ATDC is seeing increased startup activity from entrepreneurs and founders in the cybersecurity space. The portfolio already has 12 companies in its incubator program.

Summary sentence

ManTech to support development of cyber technology entrepreneurs and startups

Summary

HERNDON, VA and ATLANTA (Sept. 28, 2023) — ManTech today announced a partnership with the Georgia Institute of Technology’s Advanced Technology Development Center to support the growth and acceleration of startups built on cybersecurity-related technologies and emerging innovations.

Dateline

Thu, 09/28/2023 - 12:00

peralte@gatech.edu

Contact

Péralte C. Paul
404.316.1210

peralte@gatech.edu

Sidebar

About ManTech
ManTech provides mission-focused technology solutions and services for U.S. defense, intelligence, and federal civilian agencies. In business more than 54 years, we excel in full-spectrum cyber operations, data collection and analytics, enterprise IT, agile DevOps systems engineering, and software application development solutions that support national and homeland security. Additional information about ManTech can be found at mantech.com.

About Georgia Tech
The Georgia Institute of Technology, or Georgia Tech, is one of the top public research universities in the U.S., developing leaders who advance technology and improve the human condition. The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees. Its more than 45,000 undergraduate and graduate students, representing 50 states and more than 148 countries, study at the main campus in Atlanta, at campuses in France and China, and through distance and online learning. As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than $1.0 billion in research annually for government, industry, and society.

About the Advanced Technology Development Center (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, a program of Georgia Tech's Enterprise Innovation Institute, has grown to become the longest running and one of the 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.

Associated importer

Keywords

cyber security

atdc

ManTech

National Security

News room topics

Business and Economic Development

Mercury ID

669992

Source updated

Thu, 09/28/2023 - 08:45

Georgia Tech to Launch Sustainability-Focused Technology Initiative at the Advanced Technology Development Center

admin — Tue, 15 Nov 2022 16:15:57 +0000

Georgia Tech to Launch Sustainability-Focused Technology Initiative at the Advanced Technology Development Center admin Tue, 11/15/2022 - 11:15

Norfolk Southern Corp., one of the nation’s leading transportation companies, is making a significant commitment to Georgia Tech’s Advanced Technology Development Center (ATDC) to create a new initiative for entrepreneurs in sustainability-focused technology.

The ATDC Sustainability Technology Program will formally launch in January 2023. Atlanta-based Norfolk Southern’s gift will provide the initial funding to support the current and future sustainability-related startups in ATDC’s portfolio.

The gift of $750,000 will support the initiative for three years. It is the eighth industry-focused vertical of its kind at ATDC, including two others announced earlier in 2022 — one in robotics and automation, the other in supply chain logistics.

"Norfolk Southern and Georgia Tech are teaming up to support forward-thinking innovation around sustainability. Together, some of the brightest minds in Georgia and the business community can continue to make sustainable progress for our nation’s supply chain and economy," said Josh Raglin, chief sustainability officer for Norfolk Southern.

The sponsorship furthers the company’s strategic goal of integrating sustainability into daily operations while helping its customers achieve their sustainability goals. “Through our collaboration with ATDC and the incubator's sustainability vertical, we will join with students and entrepreneurs in the business of a better planet as they transform their revolutionary ideas into actionable and successful business models," Raglin said.

The gift will support one-on-one coaching via a dedicated ATDC startup catalyst who will manage the sustainability vertical and work to build the pipeline of innovators from across Georgia who are in this space and scaling disruptive technologies to bring to the marketplace.

The funds also will support a sustainability-focused curriculum and other resources specialized to those entrepreneurs’ needs as they go from ideation to commercialization.

“ATDC has a history of supporting startups with sustainable tech innovations including Suniva, Emergy, and Quest Renewables,” said John Avery, ATDC director.

ATDC’s startup portfolio already includes 12 companies in the sustainability space, but Avery said there is a wider opportunity for Georgia entrepreneurs.

With Norfolk Southern’s sustainability focus, Georgia Tech’s research innovations in that area through centers such as the Strategic Energy Institute, and ATDC’s ability to leverage those resources and its record in scaling successful technology companies, Avery said Georgia is primed to grow that sector.

The state is home to 34 companies on the Fortune 1000 list, many of which have set their own sustainability goals. Fifteen of those companies are headquartered in Atlanta, which ranks third in the country for the number of Fortune 500 companies headquartered in the city.

What's more, sustainability innovations can have wider impact across a number of industries that are important to Georgia in addition to transportation and logistics, such as agriculture, and renewable energy, Avery said.

“With Norfolk Southern at the forefront of sustainability innovation and its support of our dedicated sustainability vertical at ATDC, we are doubling down on one of the biggest opportunities for startups and innovators today and pursuing a very important corporate and societal goal,” he said. “We can become a hub for all of these sustainability entrepreneurs and their innovations and grow this ecosystem in Georgia by helping to launch viable companies across the state.”

Summary sentence

Norfolk Southern commits $750,000 to the Institute to support development of sustainability technology entrepreneurs and startups in Georgia

Dateline

Tue, 11/15/2022 - 12:00

peralte.paul@comm.gatech.edu

Contact

For Norfolk Southern, contact
Alyssa B. Thomason
404.784.5564
alyssa.thomason@nscorp.com

For ATDC, contact
Péralte C. Paul
404.316.1210
peralte@atdc.org

Sidebar

About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country’s population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.

About Georgia Tech
The Georgia Institute of Technology, or Georgia Tech, is a public research university developing leaders who advance technology and improve the human condition. The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees. Its nearly 44,000 students representing 50 states and 149 countries, study at the main campus in Atlanta, at campuses in France and China, and through distance and online learning. As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than$1 billion in research annually for government, industry, and society.

About the Advanced Technology Development Center (ATDC)
The Advanced Technology Development Center (ATDC), a program of the Georgia Institute of Technology’s Enterprise Innovation Institute, is the state’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 the longest running and one of the 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.

Location

Atlanta, GA

Associated importer

Keywords

atdc

Norfolk Southern

sustainability

John Avery

Josh Raglin

go-researchnews

Green Buzz

News room topics

Business and Economic Development

Categories

Business

Mercury ID

663171

Source updated

Tue, 11/15/2022 - 10:52

Georgia Tech’s Advanced Technology Development Center to Receive Investment from Visa for FinTech Innovation

bwaye3 — Thu, 14 Jul 2022 15:13:18 +0000

Georgia Tech’s Advanced Technology Development Center to Receive Investment from Visa for FinTech Innovation bwaye3 Thu, 07/14/2022 - 11:13

Today, the Georgia Institute of Technology’s Advanced Technology Development Center (ATDC) announced a new three-year financial commitment by Visa, the world leader in digital payments, to further accelerate innovation across financial and payments technologies (FinTech).

ATDC, the state of Georgia’s technology incubator, works with entrepreneurs to build and scale successful technology companies. Its FinTech program, launched in 2015, has focused on building and growing FinTech companies in Georgia. Since its launch, the program has evaluated more than 250 startups, has 25 companies in its current portfolio, and produced one unicorn, Greenlight, a 2018 ATDC graduate now valued at more than $2 billion.

Visa’s financial sponsorship and leadership in the FinTech category will allow for continued growth and startup support for entrepreneurs in the program. As part of the sponsorship, Visa executives will mentor program participants and create connections to maximize opportunities to bring their FinTech innovations to Visa and its partner network.

“Georgia is our nation’s FinTech command center and we at ATDC are proud to partner with Visa to continue to drive innovation forward in this sector,” said John Avery, ATDC director. “We are dedicated to our FinTech ecosystem’s continued growth and success, and ATDC serving as the nexus to entrepreneurs, industry, investors, and Georgia Tech’s resources to help these startups thrive.”

Startups accepted into the incubator’s program will be integrated into Georgia’s robust FinTech ecosystem, where more than 200 FinTech companies generating $72 billion in annual revenue call home. Over 70 percent of all U.S. financial transactions are handled by payment processing firms headquartered in Georgia.

ATDC has hired Robert E. Daniel as the FinTech catalyst who will oversee the vertical, manage the pipeline, and evaluate these startups and their innovations for acceptance into the portfolio.

“We view Atlanta as a thriving FinTech community and an epicenter of financial technology expertise where Visa can become an integral part to its continued growth. A partnership with ATDC provides Visa the opportunity to get involved with supporting local startups as the future of payments continues to look bright, thanks to this world of innovative entrepreneurs,” said Patrick Williams, Visa’s head of digital partnerships in North America.

Summary sentence

Investment to spur greater innovation in payments space

Dateline

Wed, 07/13/2022 - 12:00

peralte.paul@comm.gatech.edu

Contact

Péralte C. Paul
404.316.1210

Location

Atlanta, GA

Associated importer

Keywords

Visa

fintech

atdc

go-researchnews

News room topics

Business and Economic Development

Categories

Business

Mercury ID

659366

Source updated

Wed, 07/13/2022 - 09:46

Amazon Robotics Gift Supports Georgia Tech’s Advanced Technology Development Center

bwaye3 — Wed, 15 Jun 2022 14:15:59 +0000

Amazon Robotics Gift Supports Georgia Tech’s Advanced Technology Development Center bwaye3 Wed, 06/15/2022 - 10:15

To help support the growth of startups and individuals working to advance automation and robotics, Amazon Robotics today announced it is providing a substantial investment over three years to the Georgia Institute of Technology’s Advanced Technology Development Center (ATDC).

ATDC is Georgia’s technology startup incubator and helps entrepreneurs across the state build, launch, and scale successful companies. The goal of the gift is to accelerate growth of automation and robotics by leveraging staff and resources at ATDC in collaboration with Amazon.

“Our mission is to support infrastructure for startups and to help foster compelling startup companies with tremendous talent that solve big problems,” said Thomas Felis, director of robotics strategy for Amazon Global Robotics. “Equally important to us is Georgia Tech’s track record of working with and supporting entrepreneurs from diverse and underrepresented backgrounds.”

The funding includes allocation for an ATDC full-time automation and robotics catalyst to recruit and coach companies focused on automation and robotics. The catalyst will identify relevant startups and help onboard them into ATDC’s startup pipeline and portfolio.

“Georgia Tech is a leader in robotics research, and we are excited to have Amazon support our startup mission at ATDC to bring entrepreneurial ideas to life and to market,” said John Avery, ATDC director. “Innovation can come from anywhere and everywhere, and this collaboration reflects our commitment to support diverse startup founders.”

This effort will also support Georgia Tech’s ongoing robotics research, including the Institute for Robotics and Intelligent Machines.

The Amazon sponsorship expands ATDC’s targeted vertical focus areas to seven, including financial, health, and retail technology, 5G, logistics and supply chain, and advanced manufacturing.

ATDC will also work with Amazon to identify specific areas of technical interest with the aim of developing virtual and physical events to attract relevant startups.

To apply to join the robotics and automation incubator, click here.

Summary sentence

Funding will go toward assisting diverse entrepreneurs in the fields of robotics and automation.

Dateline

Tue, 06/14/2022 - 12:00

peralte@atdc.org

Contact

Peralte C. Paul
peralte.paul@comm.gatech.edu
404.316.1210

Location

Atlanta, GA

Associated importer

Keywords

Amazon

atdc

robotics

automation

go-researchnews

News room topics

Business and Economic Development

Categories

Business

Robotics

Core research areas

Robotics

Mercury ID

658858

Source updated

Tue, 06/14/2022 - 13:03

The Home Depot Supports Supply Chain and Logistics Vertical with Georgia Tech’s Advanced Technology Development Center

bwaye3 — Mon, 13 Jun 2022 17:17:26 +0000

The Home Depot Supports Supply Chain and Logistics Vertical with Georgia Tech’s Advanced Technology Development Center bwaye3 Mon, 06/13/2022 - 13:17

ATLANTA — The Home Depot®, the world’s largest home improvement retailer, is working with Georgia Tech’s Advanced Technology Development Center (ATDC) to create a new program focused on Supply Chain and Logistics startups (SC&L).

As part of a three-year sponsorship, Home Depot executives will mentor program participants and offer guidance and expertise to support their growth. As the SC&L space continues to evolve, partnerships with program participants have become more important for an early-stage company’s customer acquisition and business model development. The incubator has hired Alex Rhodeen as the catalyst to run the SC&L vertical, build a pipeline of companies, and evaluate these startups for acceptance into the ATDC portfolio.

“Our long-standing relationship with Georgia Tech is a cherished one as the ATDC will foster the next generation of technology entrepreneurs. We’re proud to support the introduction of a new vertical within the incubator program to contribute forward-thinking innovation as the Supply Chain and Logistics industry continually evolves,” said Stephanie Smith, SVP of Supply Chain at Home Depot.

Companies participating in the incubator program will work directly with SC&L and business leaders at The Home Depot and Georgia Tech as they build, test and bring to market new products and services. ATDC is a globally recognized technology incubator. The Supply Chain vertical is the sixth of its kind at ATDC and follows other targeted programs in health, retail, and financial technologies.

“Georgia is a leader in supply chain and logistics infrastructure with coastal and inland seaports and Hartsfield-Jackson Atlanta International Airport, as well as being home to Fortune 500 companies in rail and ground transportation,” said ATDC Director John Avery. “More than 140 technology firms in the supply chain and logistics space are already in Georgia, so this collaboration with The Home Depot is a natural extension of Georgia Tech’s ATDC incubator to further drive innovation in our state.”

ATDC brings a unique framework that combines its startup curriculum, coaching, connections, and community, as well as direct access to Georgia Tech resources, research expertise, and student talent, to help entrepreneurs learn, launch, scale, and succeed. In this effort, ATDC will offer programming, recruit and evaluate startups, and hire staff to manage the vertical.

About Georgia Tech

The Georgia Institute of Technology, or Georgia Tech, is a top 10 public research university developing leaders who advance technology and improve the human condition. The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees. Its nearly 44,000 students representing 50 states and 149 countries, study at the main campus in Atlanta, at campuses in France and China, and through distance and online learning. As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than $1 billion in research annually for government, industry, and society.

About the Advanced Technology Development Center (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 the longest running and one of the 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.

Summary sentence

Companies participating in the incubator program will work directly with SC&L and business leaders at The Home Depot and Georgia Tech as they build.

Dateline

Mon, 06/13/2022 - 12:00

sar30@gatech.edu

Contact

Siobhan Rodriguez

Institute Communications

sar30@gatech.edu

Location

Atlanta, GA

Associated importer

Keywords

The Home Depot

Vertical

atdc

building supply chain

Supply Chain and Logisitcs

News room topics

Business and Economic Development

Campus and Community

Categories

Institute and Campus

Mercury ID

658823

Source updated

Mon, 06/13/2022 - 09:57