Advanced Technology Development Center
The Advanced Technology Development Center (ATDC) is the oldest and most experienced university-affiliated technology incubator in the country. It was formed in 1980 by the governor and General Assembly to increase the technology business base in Georgia. ATDC fulfills this mission by assisting in the formation and growth of advanced technology start-up companies, supporting technology commercialization, and attracting technology companies to the state. In 2004, ATDC received the "Excellence in Technology-led Economic Development" award from the United States Department of Commerce.
ATDC is headquartered in Technology Square, and also operates the ATDC Biosciences Center in the Ford Environmental Science and Technology Building. ATDC also has facilities in Columbus Georgia, Savannah Georgia, and Warner Robins Georgia. At these locations, early-stage companies enjoy a strong entrepreneurial working environment, access to professional business consulting, contact with university research faculty, and modern office and laboratory facilities. The ATDC also provides companies with access to facilities, personnel, and students in the University System. (www.atdc.org.)
Beyond ATDC, the Georgia Tech VentureLab program helps faculty members and students who wish to commercialize technology developed as part of Georgia Tech's research programs. Venture-Lab helps evaluate the commercial potential of innovations and matches faculty with experienced entrepreneurs who can help form new ventures. In mid-2004, four companies formed in Venture-Lab received a total of more than $6 million in venture capital investment (see www.venturelab.gatech.edu for more information).
ATDC is involved in commercializing technology developed as part of Georgia's new Innovation Centers program. The first such center, the Maritime Logistics Innovation Center, is located in Savannah as a collaboration of the Georgia Department of Economic Development, the Georgia Ports Authority, and the University System of Georgia. For more information, visit www.atdc.org.