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Advanced Technology Development Center

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The Advanced Technology Development Center (ATDC) is a science and business incubator in Georgia. It is run by the Georgia Institute of Technology, and is headquartered in Technology Square.[1] 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 and Savannah.

More than 100 companies started there, including firms such as MindSpring (now part of EarthLink) and TransNexus.[3] Sponsored companies have created almost 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.[4] ATDC has been recognized by Inc. Magazine and Business Week as one of the nation's top incubators, and won several other awards.[4][5][6]

References

  1. ^ "Advanced Technology Development Center". Georgia Tech Research Support Facilities. Retrieved 2007-08-08.
  2. ^ "History". Advanced Technology Development Center. Retrieved 2007-08-08.
  3. ^ "Graduates". Advanced Technology Development Center. Retrieved 2007-08-08.
  4. ^ a b "Success". Advanced Technology Development Center. Retrieved 2007-08-08.
  5. ^ Rosenwein, Rifka (2000-11-01). "The Idea Factories". Inc. Magazine. Retrieved 2007-08-08.
  6. ^ "Georgia Tech's Advanced Technology Development Center Wins Award for Technology-led Economic Development Efforts" (Press release). Georgia Institute of Technology. 2004-06-10. Retrieved 2007-08-08.