Advanced Technology Development Center Explained

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]

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 160 companies have been started at the Center, including firms such as MindSpring (now part of EarthLink), PartPic, GreenLight, Monotto, Fixd, and TransNexus.[4] 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.[5] ATDC has been recognized by Inc. Magazine and Business Week as one of the nation's top incubators, and has won several other awards.[5] [6] [7]

Notes and References

  1. Web site: Advanced Technology Development Center. Georgia Tech Research Support Facilities. 2007-08-08. https://web.archive.org/web/20070817191102/http://www.catalog.gatech.edu/supportfac/atdc.php. 17 August 2007. dead. dmy-all.
  2. Web site: History . Advanced Technology Development Center . 2007-08-08 . https://web.archive.org/web/20070607203832/http://www.atdc.org/history.asp . 2007-06-07 . dead .
  3. Web site: About ATDC. Advanced Technology Development Center. 2011-10-12. https://web.archive.org/web/20111008014403/http://atdc.org/about/about. 2011-10-08. dead.
  4. Web site: Graduates . Advanced Technology Development Center . 2007-08-08 . https://web.archive.org/web/20070626091719/http://www.atdc.org/graduates.asp . 2007-06-26 . dead .
  5. Web site: Success . Advanced Technology Development Center . 2007-08-08 . https://web.archive.org/web/20070608112119/http://www.atdc.org/success.asp . 2007-06-08 . dead .
  6. News: Rifka. Rosenwein. The Idea Factories. Inc. Magazine. 2000-11-01. 2007-08-08.
  7. Georgia Tech's Advanced Technology Development Center Wins Award for Technology-led Economic Development Efforts . Georgia Institute of Technology . 2004-06-10 . 2007-08-08 . dead . https://web.archive.org/web/20090222034126/http://www.gatech.edu/newsroom/release.html?id=378 . February 22, 2009 .

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