Impact 8

GaMEP-assisted  manufacturing clients created or retained 1,766 jobs

Impact 7

Evaluated 1,139 Georgia Tech faculty member research innovations

Impact 6

Served 628 technology startup companies

Impact 5

Assisted 3,084 minority business enterprises: resulting in $122 million
in new contracts, sales, and financing

Impact 4

Helped Georgia Manufacturers slash operating costs
by $87 million

Impact 3

Helped Georgia Manufacturers generate sales
of $540 million

Impact 2

Served 1,296 Georgia manufacturing companies

Impact 1

Helped create or save 1,766 manufacturing jobs

ATDC Annual Showcase Celebrates 2012 Graduates and Highlights Up-and-Coming Tech Startups

The Georgia technology community will gather on May 14 for 2012 Startup Showcase – one of Atlanta’s premier industry events and a celebration of local startup success. The Advanced Technology Development Center (ATDC) will host hundreds of technology leaders, local dignitaries, venture capitalists and Georgia entrepreneurs for an afternoon of networking and innovation.

Held at the Georgia Tech Hotel & Conference Center, the 2012 Startup Showcase is open to the public and will include Georgia State Senate Majority Leader Chip Rogers (R-Woodstock) and Georgia Tech President G.P. “Bud” Peterson. The annual event honors Georgia’s brightest entrepreneurs and emerging technologies, putting a spotlight on ATDC’s graduating companies.

Each year, ATDC member companies that have met rigorous growth milestones are selected to graduate. In addition, dozens of ATDC’s most promising member companies – representing industries as varied as information security, financial technology, health care IT, mobile technology, clean tech/energy, and medical devices – will exhibit their innovative technologies during the event.

“This year’s ATDC graduates represent the impressive quality and strength of Georgia’s technology startup community,” said Nina Sawczuk, ATDC’s general manager and Georgia Tech’s director of startup services. “They have each achieved significant success in a short timeframe and contribute to Georgia’s growing reputation as a hotbed of entrepreneurial activity and innovation.”

The 2012 ATDC graduates include:

• 3DM Systems (formerly ShapeStart Measurement Systems) offers an in-ear 3D scanner for the digital design of custom hearing aids and earmolds.

• Asankya (acquired by EMC Corporation) is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service.

• Axion Biosystems developed the first multi-well microelectrode array (MEA) system to provide unprecedented throughput for cellular electrophysiology experiments.

• BioAutomaton Systems Inc. (BSI) designs and manufactures patented automation systems for cost-effective propagation of transgenic tree seedlings.

• Celtaxsys is focused on the discovery and development of therapeutics to treat inflammation by controlling innate immunity. The company has phase I clinical trials planned for its lead compound, CTX 4430.

• Digital Assent provides award-winning PatientPad® technology that delivers personalized health information and advertising to consumers in doctors’ waiting rooms.

• Preparis provides organizations with a new way to protect their people, operations, brands and shareholder value from 21st century threats.

• SimpleC utilizes proven technologies to help seniors of all cognitive abilities engage with those around them and cope with changes in their lives.

Event tickets can be purchased online for $15. Registration closes on May 9. Walk-ins are welcomed, and tickets will be $20 at the door. To register for Startup Showcase, visit www.atdcstartupshowcase.com.

About ATDC:
The Advanced Technology Development Center (ATDC) serves as the hub for technology entrepreneurship in Georgia. Founded in 1980, ATDC helps Georgia entrepreneurs launch and build successful technology companies by providing coaching, connections, and community. Through business incubation and acceleration services, ATDC has supported the creation of hundreds of technology companies that together have raised more than a billion dollars in outside financing. Headquartered in Atlanta’s Technology Square, ATDC members benefit from a close proximity to Georgia Tech and connections with other Georgia research universities. ATDC was named one of the “10 technology incubators that are changing the world” by Forbes Magazine in 2010.

Enterprise Innovation Institute
Georgia Institute of Technology
75 Fifth Street, N.W., Suite 314
Atlanta, Georgia 30308 USA

Media Relations Contact: John Toon (404-894-6986)(ude.hcetagnull@nootj).

 

Georgia Tech Helps Paulding County Get Down to Business

When Paulding County Commission Chairman David Austin took office in early 2009, he knew his county had a lot going for it. Located about 25 miles northwest of downtown Atlanta, Paulding has long been one of the fastest-growing counties in the nation, and a new jet-capable airport had opened there the preceding November.

Economic Development Organization

But Paulding wasn’t a popular destination for businesses, and Austin knew that had to change.  To achieve that goal would require creating an economic development organization (EDO) – Paulding was the largest county in the state without one.

For help, he turned to Georgia Tech’s Enterprise Innovation Institute (EI2), and today Paulding has the organization and strategy in place to become a business hotspot.

Getting Started

Since 2000, Paulding’s population has grown by a whopping 75 percent and now totals more than 143,000 residents. That trend would please any local government official, but another statistic takes some of the shine off the county’s remarkable growth: 76 percent of its residents travel outside Paulding to work. “We needed to change from being a bedroom community to being a business community,” Austin said.

Thomas Glanton, a local insurance businessman and former state legislator who is currently a member of the Paulding Planning Commission, urged Austin to contact Georgia Tech about overseeing the development of an EDO. After Georgia Tech was hired, the institute immediately worked with Austin to form a leadership team of nearly 100 county officials, business leaders and educators to provide input and serve as a decision maker during the creation of the organization.

“We interviewed a lot of individuals, both on the leadership team and others, to see how they wanted economic development in Paulding to proceed – the structure, the focus,” said Dana King Brewer, a senior project manager with EI2’s Community Innovation Services team.

Paulding County's new hospital

Paulding County officials are working to attract medical device firms to a 100-acre wellness park near this new hospital, set to open in Hiram in 2014.

Brewer and her colleagues at Georgia Tech also researched successful EDOs across Georgia and the country, and presented their findings to the Paulding leadership team. As for the structure of the EDO, the county had numerous options, according to Brewer. For instance, the EDO could be a department within the county, part of the local chamber of commerce or a separate non-profit entity.

EI2 officials and members of the leadership team visited four different EDOs in Georgia – in Bartow, Carroll, Floyd and Hall counties – before deciding to set up the Paulding EDO as a non-profit funded through a public-private partnership. The EDO receives funding from Paulding County, the cities of Dallas and Hiram, and the Paulding Chamber of Commerce. Each entity appoints two board members from the private sector. The Paulding County Industrial Building Authority names the ninth board member.

In Business

The EDO’s board first met in the summer of 2010, at which point Georgia Tech began assisting the initial organizational activities of the new entity, now called Paulding Economic Development Inc. One board member works for the Georgia Power Company, and the utility largely oversaw the search for an executive director for the organization.

In early 2011, Jamie Gilbert, previously head of the Douglasville (Ga.) Development Authority, was hired. “This was an incredible opportunity: the chance to become economic development director in one of Georgia’s most attractive counties for economic development,” said Gilbert, who has 20 years of related experience.

Brewer said the Paulding EDO has found a great leader. “Everyone’s incredibly happy with how it turned out,” she said. “Jamie has more energy than you could possibly imagine in a person.”

On the Recruiting Trail

Paulding County Courthouse

Paulding County’s population has grown 75 percent since 2000 and now totals more than 143,000 residents. Shown here is the historic Paulding County

Gilbert noted that since Paulding primarily developed as a bedroom community, the size of the existing industrial base is relatively small, with only a couple of companies having more than 100 employees. “Existing industry is critically important to us but they can’t be expected to shoulder the responsibility for fundamentally changing our economy in a way that will begin to reduce our high percentage of ‘out commuters,’” he said. “That change will come from attracting new industry to Paulding that complements those companies already here.”

During the formation of the EDO, Georgia Tech helped the Paulding leadership team identify which industries to target. Armed with the research and Gilbert’s expertise, Paulding Economic Development Inc. is recruiting aerospace companies, which can take advantage of the new airport, and healthcare firms, which officials hope will locate in a 100-acre “wellness park” that will surround WellStar’s new state-of-the-art hospital, set to open in Hiram in 2014.

Other targeted industries include automotive suppliers, which Gilbert believes will find the proximity to Southern car-assembly plants appealing; renewable energy firms; metal fabricators; and medical equipment manufacturers. The county also will continue to push itself as an ideal spot for Hollywood filmmakers to make movies. Several recent major motion pictures – including the remake of “Footloose” and “Joyful Noise”– were filmed in Paulding, and the Atlanta Film Studios, a full-service production facility, opened in Hiram early this year.

Since assuming his role last spring, Gilbert’s days have been filled with meetings with economic development allies at the regional and state levels and with travel to trade shows for Paulding’s targeted industries. He is realistic about how long it could take to transform the bedroom community into a business mecca but said early returns are encouraging. “The results are coming in quickly as far as interest in Paulding, and we had two new businesses locate to the county at the end of 2011 that were the direct result of our economic development efforts,” he said.

Meanwhile, Austin said he couldn’t be happier about the guidance provided by Georgia Tech’s Enterprise Innovation Institute. “This has absolutely been a fantastic partnership,” he said. “I can’t sing the praises of Dana and her team enough.”

 

Enterprise Innovation Institute

Georgia Institute of Technology

75 Fifth Street, N.W., Suite 314

Atlanta, Georgia  30308  USA

 

Media Relations Contact: John Toon (404-894-6986)(ude.hcetagnull@nootj).

Writer: Stephen Ursery