Georgia Tech’s Enterprise Innovation Institute is now accepting applications for its competitive 2022 Enterprise 6 Summer Internship.
The 2022 cohort has 12 available slots and selected interns will engage in active projects that further the Enterprise Innovation Institute’s economic development mission. (See what the 2021 cohort of students said of their Enterprise 6 experiences here.)
The Enterprise 6 program is open to undergraduate and graduate students who were enrolled at Georgia Tech for Spring 2022. Selected students will be mentored by a research faculty member. Enterprise 6 interns will meet remotely on a bi-weekly basis to share observations about their experiences.
The Enterprise Innovation Institute is the longest running, most diverse, university-based economic development organization in the United States. Since the launch of its founding program more than 60 years ago, the Enterprise Innovation Institute has grown to serve innovative enterprises of all sizes — from pre-company teams to startups to ongoing businesses — and energize the ecosystems in which they reside.
While Enterprise 6 positions are not for academic credit, the program does offer real world experience and compensation. The organization is offering $25 per hour for 20 hours per week of effort. The internships — which are sponsored by the Office of the Executive Vice President for Research — begin May 2 and end July 29. Students will work remotely during the internship period, but they may be asked to work from the Enterprise Innovation Institute’s offices in Tech Square as needed depending upon the project they are working on and supporting.
Customer Profile The Economic Development Lab in the Enterprise Innovation Institute (EI2) at Georgia Tech recently developed and launched the Associate Level Innovation and Technology Commercialization Professional (ITCP) course through Tech’s Professional Education program.
This asynchronous course contains the latest instruction of best practices in technology commercialization, and utilizes the Asia Pacific Economic Council (APEC)’s Handbook specifically developed for its members’ use and reference of technology commercialization practices. The International Technology Transfer Network (ITTN) developed this handbook at the request of the APEC. The Georgia Tech ITCP course launched its pilot cohort in March 2021. Working with ITTN, EDL was able to create the course and translate it into the Mandarin language for the Chinese speaking population that was identified as the intended test audience. Delivered on-line in China, the course targets Chinese professionals with two years or less of relevant professional experience in the field of technology commercialization. It is intended to provide Chinese researchers, innovators, technology transfer professionals, technology commercialization professionals, and others in the field with a fundamental understanding of how to:
feed more innovation and talent into research institutions and the local innovation ecosystem,
energize technology transfer practices with leading edge commercialization methods to insure that more innovation is successfully commercialized in the market and society in an equitable manner,
nurture the growth of local innovation ecosystems across a country to stimulate commercialization between industry, academia, government, and startups, and
foster cross-border collaborations to move innovation into global markets. The educational materials will be applicable to professionals regardless of size of economy, development status, and location (Asia, Europe, Africa, Americas, Oceania).
China was selected as the pilot location for a variety of both strategic and opportunistic reasons. China is a rapidly growing market for technology commercialization professionals with well over 100,000 potential ITCP students. As the world’s two leading economies, it is critical that the United States and China work together in practical ways to establish globally accepted best practices. This can be accomplished through the ITCP training program. The U.S. State Department, Tech’s EI2, and the International Technology Transfer Network (ITTN) were closely involved in developing and vetting the APEC Handbook of Technology Commercialization which has been a key underpinning of the pilot ITCP program. This handbook establishes a consensus on some of the most important terminology, best practices, and know-how for innovation and technology commercialization professionals around the world. In addition, the ITCP program is strategically aligned with Georgia Tech’s commitment to global service, international impact, and economic development. While the pilot course was launched in China, the intent is to establish the ITCP program as an international standard to level the playing field for smaller and less developed countries. These objectives are directly connected to the U.N. Sustainable Development Goals (SDGs) which are a blueprint to achieve a better and more sustainable future for all. Particularly, goal 4 – to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all; goal 8 – to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all; goal 9 – to build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation; and goal 17 – to strengthen the means of implementation and revitalize the global partnership for sustainable development, convergence of unique capabilities, global connections, and impactful opportunities. Finally, China is a thought and opinion leader in the region which could lead to a rapid and smooth expansion of ITCP to other Asia Pacific countries.
Solution As one of the largest and most comprehensive, university-based organizations in the world focused on the practice of innovation-led economic development and technology commercialization, Georgia Tech’s Enterprise Innovation Institute is globally recognized and uniquely qualified to champion the ITCP program. Additionally, Georgia Tech Professional Education has instructional design capabilities and technical framework for developing and delivering asynchronous remote learning at the scale needed in China. The city of Shenzhen is home to one of Georgia Tech’s flagship international campuses outside of Atlanta; the ITCP program will bring added reputational awareness and potential collaborations to this campus from across China. As Chinese is one of the strategic languages taught by Georgia Tech’s School of Modern Languages, the ITCP program will provide practical, cross-cultural, and enriching experiences for Tech graduate students learning Chinese, especially students enrolled in the Global Media and Cultures program.
Results Through this collaboration, the EI2 and ITTN teams have asynchronously executed four pilot cohorts containing 960 total students coming mainly from technology (40 percent), university, research and development (17 percent) and government (12 percent) careers. With an average student age of 36, and with more than half of all students having less than 5 years of experience, this program has been validated by its initial targeted audience. Even though this course targets students with almost no experience, students with vast experience also benefited from the course structure and content and reported they were not previously exposed to a formal and standardized course that covered the main topics a technology transfer professional should know. In terms of gender, the course has been almost equally attended by highly educated males and female students, with 11 percent of all students who participated in the pilot programs having a doctorate degree, 52 percent earning a master’s degree, and 31% having a bachelor’s degree. The role of entrepreneurs and startups in an innovation ecosystem (52 percent) and the role of universities and research institutes in an innovation ecosystem (57 percent) have been the two most learned topics and skills among the enrolled students. Nearly 80 of the total students who graduated from the ITCP course reported they were extremely likely (42 percent) and very likely (37 percent) to recommend this course.
In total, 785 Chinese learners have completed the ITCP Course to date and received a certificate from Georgia Tech Professional Education (GTPE).
Based on the positive feedback and interest in the technology commercialization topic expressed by the Chinese students, a principal level and senior level is under consideration for future development.
Georgia Tech’s Economic Development Lab and Georgia Manufacturing Extension Partnership programs work
with Colombian officials in design and implementation of productivity and competitiveness initiative.
Customer Profile The project started in January 2017 through a collaboration with the Private Council of Competitiveness (CPC). At the end of the second year, Confecámaras, the national Association of Chambers of Commerce, became the client together with Colombia Productiva, a program of the Ministry of Commerce, Industry and Tourism (MinCIT) under which Fábricas de Productividad was created. The current client is Confecámaras, a national entity that supports the Colombian Chambers of Commerce to promote competitiveness and regional development.
Colombia’s economy is the fourth largest in Latin America as measured by the country’s Gross Domestic Product (GDP) of $327 billion (nominal, 2019). The country has experienced consistent economic growth over the last decade and policy makers have prioritized programs and initiatives to improve the quality of life and social well-being of citizens. To continue sustaining economic growth, National Development Plans, federal public policies, and several think-tank studies, have identified the increase of productivity as one the pillars for economic growth. Colombia needs to strengthen its innovation and productivity strategy to create the conditions necessary for companies to adapt technological advances, and for the sophistication and diversification of sectors and products. Technology Extension represents a foundational base in a country’s strategy to build an effective innovation, sophistication, and productivity system. As an instrument that seeks to close the information gap, build internal capacity, and connect to existing knowledge supply, Technology Extension equips companies with productivity tools that are essential for incremental innovation. At the same, the national government should complement existing knowledge supply with instruments, capacity building, infrastructure, and business reforms to promote competitiveness.
Colombia has launched prior Technology Extension pilots and initiatives between 2012 and 2016. The program Fábricas de Productividad was designed in 2018 by the MinCIT, Colombia Productiva, National Planning Department (DNP), Chambers of Commerce, and the CPC as a program that consolidated the different extension initiatives until that date. Fábricas seeks to scale the lessons learned from previous programs and implement a permanent model of extension services that is jointly operated with local Chambers of Commerce. The design followed a rigorous process of reviewing best practices at the national and international level, through close collaboration with the Georgia Manufacturing Extension Partnership(GaMEP) and the Economic Development Lab (EDL), two programs of the Enterprise Innovation Institute at the Georgia Institute of Technology. Created in 1960, the GaMEP is dedicated to delivering comprehensive technical, management and research assistant to fuel growth and advance manufacturing in the state. EDL works with communities, governments, and universities, in Georgia and beyond, to strengthen their innovation economies.
Solution The initial scope of the collaboration with CPC was to conduct an assessment in four Colombian cities of the current programs and services available to small and medium enterprises (SMEs). The assessment included a Survey of the Manufacturing Services Industry in the four cities, which was modeled on the GaMEP’s bi-annual survey. Following the completion of the initial assessment, the collaboration was expanded to include the following additional elements:
Public Policy and Strategic Advice for the design of the first national program of Technology Extension Services (TES), which was going to be modeled mainly after the GaMEP but also taking into consideration other international programs.
Capacity Building and Knowledge Transfer to build a critical mass of Colombian Extensionists to deliver TES to companies, not only in the capital area, but at a regional level.
The expanded collaboration included a TES pilot program in four cities. EDL and GaMEP experts traveled to Colombia for consulting and advisory meetings, and to provide on-the-job mentoring by shadowing the local extensionists in training and providing feedback to improve their skills. Additionally, EDL designed a series of boot camp training programs at Georgia Tech for a group of 45 Colombian delegates, including private and public sector officials and extensionists, with the goal to build capacity and transfer best practices about TES, public policy, and strategic aspects to create a national Technology Extension program.
Results Through this collaboration, the EDL and GaMEP teams contributed to the design and implementation of Fábricas de Productividad, which has become the flagship public-private initiative in Colombia to promote the productivity and competitiveness of SMEs. In total, 110Colombian Extensionists have completed a boot camp program at Georgia Tech and received a certificate from Georgia Tech Professional Education (GTPE). 40 SME firms in Colombia were assisted by Georgia Tech- trained extension professionals and shadowed by GaMEP staff during the pilot program.
Fábricas de Productividad has had a tremendous impact in Colombia. Between Fall 2018 and Fall 2020 (cycle one), the program’s impact was 10 times the impact of its predecessor programs by serving 1,305 companies, compared to 129 Companies served by the previous program. These companies reported productivity increases of 32.8 percent across various the metrics. The initiative has received $10 million public-private investment; 27 of Colombia’s 31 departments (the equivalent of a state in the U.S. commonwealth or state) participating, and 48 of the 57 Chambers of Commerce are implementing the program. Furthermore, Fábricas has built the first national database of TES professionals with a total of 366 Extensionists registered to date. A recent study conducted by Fedesarrollo (a non-profit center of economic and social research) on the effectiveness of the Fábricas de Productividad extensionists network, demonstrated outstanding results evidenced by a perception of high effectiveness and coherence with public policy. Compared with international references, Fábricas de Productividad has managed to consolidate a solid base in a few years of operation, with a wide network of experts, and a broad capacity to reach companies as in similar cases around the world.
Building on a rich history of innovation and impact in healthcare delivery, Wellstar Health System has launched Catalyst by WellstarTM, a global digital health and innovation center.
As part of the center’s work, Wellstar has partnered with corporate innovation and venture platform Engage to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation. To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15.
Catalyst by Wellstar is the first-of-its-kind global digital health and innovation center created and operated within a health system to holistically address healthcare disruption by harnessing problems, solutions, investments, and partnerships across industries. The center defines and drives leading-edge, transformative solutions that enhance the health and well-being of people and communities with world-class results and impact.
As technology continues to advance and consumers become more empowered by digital solutions and information access, innovation to solve problems and seize opportunities will evolve and impact how healthcare is delivered and used. Wellstar is committed to transforming healthcare through problem sourcing from patients, community members, physicians and team members, and partners to lead mission-driven innovation. Catalyst by Wellstar is designed to harness, accelerate, optimize, and scale people-centric solutions that:
Disrupt how Wellstar delivers care to create better patient and provider experiences.
Maximize quality and safety to improve outcomes while reducing the total cost of care.
Enhance health and well-being for people through access, engagement, and empowerment.
Optimize enterprise performance excellence, efficiencies, and productivity.
Impact communities and the world by designing the future of healthcare.
“Innovation is vital to our mission of enhancing the health and well-being of every person we serve, today and into the future,” said Candice L. Saunders, president and CEO, Wellstar Health System. “Catalyst by Wellstar positions us to lead change across our system, communities, and the healthcare industry.”
Catalyst by Wellstar convenes and activates best-in-class entrepreneurs, philanthropists, innovation ecosystems, research and development experts, corporate partners, academicians and scientists, and thought leaders inside and outside of the healthcare industry. The center will encompass innovation that drives positive impact related to:
Aging and children
“There is endless opportunity to transform healthcare in positive and meaningful ways,” said Dr. Hank Capps, executive vice president and chief information and digital officer, Wellstar Health System. “With Catalyst by Wellstar, our system is poised to purposefully drive innovation faster than the speed of change through thought leadership and collaboration. Our global digital health and innovation center will equip Wellstar to transform the way healthcare is delivered for years to come.”
The first Catalyst by Wellstar partnership is an investment in Atlanta-based Engage, a first-of-its-kind collaborative innovation and corporate venture platform at the Georgia Institute of Technology. Engage brings together industry-leading corporations, enterprise startups, and universities with the shared mission of elevating Atlanta and the Southeast as a leading technology and innovation hub. Wellstar is the only healthcare company to partner with Engage. Saunders has joined Engage’s board of directors and Capps has been named to the Engage Advisory Board.
“As a regional and national healthcare leader, Wellstar brings critical industry perspective to the Engage platform,” said Daley Ervin, managing director of Engage. “Our corporate partners are facing challenges posed by large-scale digital transformation and rapidly evolving customer expectations. Through this partnership, Wellstar will benefit from the expertise of a broad network of industry-leading companies while also leveraging the startup and university research ecosystem on their journey to design the future of healthcare.”
As a result of Wellstar’s investment in Engage, the system will have the opportunity to collaborate with startup technology companies as part of the innovation process, alongside other Engage partners: Chick-fil-A, Cox Enterprises, Delta Air Lines, Georgia-Pacific, the Georgia Power Foundation, Georgia Tech, Goldman Sachs, Home Depot, Inspire Brands, Intercontinental Exchange, Invesco, Invest Georgia, Tech Square Ventures, and UPS. The Engage Fund is managed by Tech Square Ventures. Engage’s exclusive partnership with Georgia Tech, one of the country’s top research and technology commercialization universities, provides unique access to its startup, innovation, and research initiatives.
“Healthcare is one of the strategic areas of focus for UPS and I am thrilled to welcome Wellstar to the Engage partnership,” said Matt Guffey, president of Global Strategy and Transformation at UPS and Engage Advisory Board member.
The second Wellstar Foundation Healthcare Innovation Series virtual roundtable will take place on June 15, 2021 from noon to 1:30 p.m. The event will focus on “Designing the Future of Healthcare,” with emphasis on the role of technology and innovation. The Series convenes community, philanthropic, and thought leaders to facilitate conversation and collaboration to propel the transformation of healthcare. More than 100 participants attended the inaugural event and engaged in discussion about how to enhance health equity. For more information, contact email@example.com.
New 5G Connected Future incubator program will support growth and development of 5G entrepreneurs and startups.
The new 5G incubator is located in the city of Peachtree Corners’ 500-acre smart city technology park, a living lab powered by T-Mobile 5G where more than 8,000 people live or work. The facility features a 25,000 square foot Innovation Center and 3-mile autonomous vehicle test track. T-Mobile has deployed its Extended Range 5G and Ultra Capacity 5G network across the park enabling developers to build solutions in a real-world environment. Here developers will build and test new 5G use cases such as autonomous vehicles, robotics, industrial drone applications, mixed reality training and entertainment, remote medical care, personal health and fitness wearables, and more.
“What a match-up! America’s leading 5G network, the brilliant minds of Georgia Tech and the most advanced living lab in the country — now that’s a powerhouse combination,” said John Saw, EVP of Advanced & Emerging Technologies at T-Mobile. “We cannot wait to see the innovation that occurs as entrepreneurs and developers build the next big thing in 5G backed by these world-class resources.”
The new incubator, managed in collaboration with Georgia Tech’s Advanced Technology Development Center (ATDC), is an expansion of the T-Mobile Accelerator and part of the Un-carrier’s efforts to fuel 5G innovation. T-Mobile supports numerous initiatives to help startups and entrepreneurs develop, test and bring to market groundbreaking new 5G products and services. T-Mobile Accelerator is an award-winning program founded in 2014 that originated in the smart city corridor of Kansas City.
Companies participating in the 5G Connected Future program will work directly with technology and business leaders at T-Mobile Accelerator, Georgia Tech, and Curiosity Lab as they build, test and bring to market new products and services that unleash the potential of T-Mobile 5G. ATDC is a globally recognized technology incubator. The 5G Connected Future vertical is the fourth of its kind at ATDC and follows other targeted programs in health, retail and financial technologies.
“In addition to the normal startup concerns, entrepreneurs in the 5G space face a unique set of challenges such as regulatory issues at the state and local levels, network security, and integration testing,” said ATDC Director John Avery.
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 programing, recruit and evaluate startups, and hire staff to manage the vertical in Peachtree Corners.
“This collaboration is a great opportunity for ATDC and Georgia Tech, the city of Peachtree Corners and Curiosity Lab, and T-Mobile, a Fortune 50 company, to create a unique collection to work with these companies, refine their ideas into scalable companies, and bring these solutions to market more quickly,” Avery said.
Such a partnership underscores “Georgia Tech’s commitment to enabling tomorrow’s technology leaders, which remains as strong as when ATDC was founded 41 years ago,” said Chaouki T. Abdallah, Georgia Tech’s executive vice president for research. “Innovation cannot take place in a vacuum, which is why entrepreneurs and startups require the knowledge and resources provided through partnerships such as ours.”
“The City of Peachtree Corners and Curiosity Lab continue to affirm our commitment to technology innovation through programs, partnerships and engagements with industry leaders such as T-Mobile and Georgia Tech,” said Betsy Plattenburg, executive director of Curiosity Lab. “These two organizations were instrumental in the launch of Curiosity Lab and our continued collaboration will create opportunities for the next-generation of intelligent mobility and smart city entrepreneurs.”
T-Mobile 5G, A Platform for Innovation T-Mobile is America’s 5G leader, with the fastest and largest nationwide 5G network. T-Mobile’s Extended Range 5G covers more than 280 million people across nearly 1.6 million square miles – more geographic coverage than AT&T and Verizon combined. With Sprint now part of T-Mobile, the Un-carrier is widening its lead, using dedicated spectrum to bring customers with capable devices download speeds of around 300 Mbps and peak speeds up to 1 Gbps.
With its supercharged 5G network as the foundation, T-Mobile is working to fuel 5G innovation and build the 5G ecosystem. The Un-carrier collaborates with universities and standards bodies to support 5G research and development. In addition to running the award-winning T-Mobile Accelerator, it also operates the T-Mobile Ventures investment fund and is a co-founder of the 5G Open Innovation Lab.
Startups interested in joining the 5G Connected Future program can apply here.
Three-month project to help city develop, plan short and long-term economic development goals for job growth, downtown revitalization.
The Economic Development Research Program (EDRP) at the Georgia Institute of Technology is working with Woodbury, a community in West Georgia’s Meriwether County, under an agreement to help a coalition of civic and business leaders develop a strategic assessment plan to guide the city’s economic development efforts.
The strategic assessment process includes an analysis of the community, starting with interviews with local and regional stakeholders. The completed assessment will also provide guidance on historic preservation as the city and local downtown development authority pursue redevelopment projects in some of Woodbury’s historic buildings in the central business district.
The project began in May 2020 and take three months to complete.
“The idea is by pursuing strategic redevelopment projects that make sense for Woodbury and leverage its assets, that will spur small business and job growth in downtown,” said Candace McKie, an EDRP project manager. “One of Woodbury’s strengths is that it is attractive to people seeking a slower pace of life in a community that offers the benefits akin to being in a big city.”
The assessment’s findings will help define Woodbury’s strengths and weaknesses and provide a preliminary vision to guide the city on attainable, effective actions to reach its short and long-term economic development goals. The strategic assessment will also aid Woodbury as it prepares its application for a Rural Zone designation by Georgia’s Department of Community Affairs.
Located in Meriwether County’s southeastern quadrant, Woodbury sits within the Three Rivers Regional Commission area, a 10-county body that provides a number of services, including aging programs, workforce development, transportation, and local/regional planning.
Woodbury — which is a little more than two square miles in area and home to about 900 residents — is an hour’s drive south from Atlanta. Incorporated as a city in 1913, Woodbury’s downtown has a rich history. The community has statewide appeal, drawing tourists seeking rare antique finds, as well as outdoors enthusiasts who participate in waterfront recreational activities on the Flint River, located just a short trip to the east. Designated a “Broadband Ready” community by the Georgia Department of Community Affairs (DCA), the city recently installed 1G internet service throughout the downtown area.
Even with Woodbury’s cultural and natural amenities, local officials say the city is ripe for revitalization. That is why the city sought to capitalize on its historic assets and redevelop the downtown and submitted an application to the EDRP.
“Partnering with Georgia Tech to complete our Strategic Priorities Assessment for our community has highlighted our community’s sense of pride and ownership,” said Woodbury Mayor Steve Ledbetter. Collectively, we can make a difference. We can revive our downtown, bring new businesses into our community, and show our Georgia pride in Woodbury. We’re excited about this opportunity and look forward to implementing the plan developed through the EDRP program.”
Funded through a U.S. Economic Development Administration University Center grant, EDRP serves rural and economically distressed communities in Georgia, Alabama, Florida, Kentucky, Mississippi, North and South Carolina, and Tennessee.
Powered by Georgia Tech’s Center for Economic Development Research (CEDR), EDRP leverages Tech’s assets to help communities engineer economic development success through affordable, in-depth research.
Communities that apply for a research grant have to commit local funds, based on ability to pay. That local funding maximizes resources and ensures community involvement through all research project phases. Some recent EDRP studies include projects in Walker, Grady, and Liberty counties.
About the Economic Development Research Program (EDRP) EDRP is Georgia Tech’s signature program for providing affordable economic development research and analysis capacity for communities that need it the most. EDRP is funded through the U.S. Economic Development Administration’s University Center grant program (Georgia Tech’s Enterprise Innovation Institute is a designated EDA University Center). EDRP is available to eligible communities across eight southeastern U.S. states. To learn more, visit cedr.gatech.edu/edrp.
The two-day event, held on March 3 and 4, was an opportunity for ASMC members and their manufacturing clients to meet with their respective Congressional delegation and educate them about the National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP) program during the annual appropriations process.
The MEP National Network works with small and mid-sized U.S. manufacturers through designated MEP Centers, including the GaMEP at Georgia Tech. They are charged with assisting manufacturing clients to help them, to help create and retain jobs, increase profits, and promote innovation and growth for the future.
The intent behind Hill Day is to call attention to the importance of small and medium-sized manufacturers’ effect on rebuilding the economy. By showcasing the achievements of this sector to elected officials, ASMC members are able to demonstrate a return on investment of the federal funding generated through the MEP program.
“As a part of the MEP National Network, the GaMEP works with manufacturers throughout the state offering solution-based approaches to increase top-line growth and reduce bottom-line cost,” said GaMEP Director Tim Israel. “We have a unique responsibility to boost Georgia’s economy by enhancing our clients’ competitiveness. I was excited to share these results with our congressional leaders so they can see our key successes this past year.”
In Georgia, the GaMEP worked with more than 700 manufacturers across the state to increase manufacturing sales by $317 million, reduce clients’ operating costs by $121 million, invest more than $159 million back into their plants, and create or retain 2,074 jobs.
As a program of the U.S. Department of Commerce, the MEP offers its clients resources centered on five critical areas: technology acceleration, supplier development, sustainability, workforce, and continuous improvement. In 2019, MEP generated a 14.4:1 return on investment, according to an Upjohn Institute for Employment Research study.
Nationally, in 2019, MEP clients reported $15.7 billion new and retained sales and the creation or retention of 114,650 jobs. Considering that the average U.S. manufacturing worker earns more than $87,185 in wages and benefits per year, MEP clients are economic drivers in their communities. MEP clients are also increasing their capacity for the production of goods. MEP clients reported $4.5 billion in new investments directly attributed to their work with MEP.
“The MEP National Network continues to significantly improve the productivity and competitiveness of America’s small and mid-sized manufacturers,” said Dave Boulay, ASMC board chairman and president of the Illinois Manufacturing Excellence Center. “Hill Day provides us an opportunity to showcase those impacts to our congressional representatives and allow our clients to share their stories directly.”
About the Georgia Manufacturing Extension Partnership (GaMEP) The Georgia Manufacturing Extension Partnership (GaMEP) is an economic development program of the Enterprise Innovation Institute at the Georgia Institute of Technology. The GaMEP is a member of the National MEP network supported by the National Institute of Standards and Technology. With offices innine regions across the state, the GaMEP has been serving Georgia manufacturers since 1960. It offers a solution-based approach to manufacturers through coaching and education designed to increase top line growth and reduce bottom line cost. For more information, visit: gamep.org.
About the American Small Manufacturers Coalition (ASMC) The American Small Manufacturers Coalition (ASMC) is a trade association of manufacturing extension centers that work to improve the innovation and productivity of America’s manufacturing community. ASMC advocates for legislative and programmatic resources that allow our small manufacturing clients to better compete in the global marketplace. The Coalition and its members do this by increasing awareness of the importance of American small manufacturers, the challenges which they face, and the federal legislation and programs that affect them. Learn more by visiting smallmanufacturers.org.
Initiative aims to expand Morehouse School of Medicine’s research commercialization efforts, and support focus on the needs of underserved minority and rural populations.
ATLANTA (July 9, 2019) — The Georgia Institute of Technology and Morehouse School of Medicine (MSM) today announced the launch of a new initiative that will support MSM’s commercialization efforts to create health technology (HealthTech) startups.
The effort brings the Institute’s globally recognized technology incubator — the Advanced Technology Development Center (ATDC) — to the MSM campus, ranked the No. 1 medical school in the nation in fulfilling its social mission and the top ranking historically black college or university for producing patents (2009-2019).
“We’re excited to forge this effort between our two schools that will help translate ideas that may start in the lab to real-world solutions for minority and rural populations in healthcare,” said James W. Lillard, Ph.D., MSM’s associate dean for research and director of the Office of Translational Technologies. “This initiative leverages the research rigor and innovations developing at Morehouse School of Medicine with Georgia Tech’s proven ATDC model of helping technology entrepreneurs create viable, scalable companies.”
The collaboration with MSM, the eighth for ATDC through its ATDC @program, continues the incubator’s mission of working with technology startups across Georgia. The catalyst for this initiative was an i6 Challenge grant the U.S. Department of Commerce awarded to Georgia Tech in 2015.
That $500,000 grant, secured by Tech’s Innovation Ecosystems group, supported wide-ranging innovation and entrepreneurship initiatives across the state. In Atlanta, it called for the Institute to collaborate with Georgia State and Clark Atlanta universities, Morehouse College, the Morehouse School of Medicine, and Spelman College to develop entrepreneurship programs that supported their unique visions.
The ATDC @ MSM will provide the medical school with a full suite of services and educational programming to support entrepreneurship in the HealthTech arena among faculty, staff, and students on the MSM campus. The core goal is to help entrepreneurs gain insight into successful HealthTech commercialization, through the program, which includes curriculum, connections, and coaching.
ATDC was founded in 1980 to help technology entrepreneurs learn, launch, scale, and succeed in the creation of successful businesses in the state. Since its founding, ATDC has developed a global reputation for fostering technological entrepreneurship, with Forbes naming ATDC to its list of “Incubators Changing the World” in 2010 and 2013, alongside Y Combinator and the Palo Alto Research Center.
Kirk Barnes, ATDC’s HealthTech catalyst, said the effort is a great example of how two world-class institutions can collaborate to create a medically-oriented innovation ecosystem. It also brings focus to the needs of minority and rural populations that are traditionally underserved from a medical standpoint, just as state leaders in Georgia are looking at the issue more closely.
“This is a great collaborative undertaking that takes our “Startup Success, Engineered” model into the clinical setting and gives particular focus on black entrepreneurs who are an underrepresented community in tech,” Barnes said.
“This will help expand the pace and flow of innovation and commercialization of research coming out of the Morehouse School of Medicine as well as give them access to the broader resources at Georgia Tech and the ATDC model will formalize and expedite how that happens.”
About the Advanced Technology Development Center
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 one of the longest running and most successful university-affiliated incubators in the United States, with its graduate startup companies raising more than $3 billion in investment financing and generating more than $12 billion in revenue in the state of Georgia. To learn more, visit atdc.org.
About Morehouse School of Medicine
Morehouse School of Medicine (MSM), located in Atlanta, Georgia, was founded in 1975 as a two-year Medical Education Program at Morehouse College with clinical training affiliations with several established medical schools for awarding the M.D. degree. In 1981, MSM became an independently chartered institution and the first medical school established at a Historically Black College and University in the 20th century. MSM is among the nation’s leading educators of primary care physicians and was recently recognized as the top institution among U.S. medical schools for our social mission. Our faculty and alumni are noted in their fields for excellence in teaching, research, and public policy, and are known in the community for exceptional, culturally appropriate patient care.
Morehouse School of Medicine is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award doctorate and master’s degrees. To learn more, visit msm.edu.
About the Office of Translational Technologies
The Office of Translational Technologiesat MSM was established in 2011 to leverage MSM’s intellectual property, research and infrastructure to develop and commercialize product and services that advance health equity. To learn more, visit msm.edu/Research/translational-technologies.
Chris Downing, who has led the Georgia Institute of Technology’s economic development efforts as vice president and director of the Enterprise Innovation Institute (EI2), is retiring after 31 years of service.
Downing, who has led EI2 since 2016, leaves behind a decades-long legacy of leadership experience at Georgia Tech in technology-based economic development, university outreach and technical assistance, entrepreneurship and start-up support, and program management.
His retirement is effective June 1, 2019.
“I feel very fortunate for such a diverse and challenging career and to have shared so many good years with the Georgia Tech family, and I am very appreciative of the many faculty, staff, and students who have made my time at Georgia Tech so interesting and inspiring,” Downing said. “Although I am leaving my full-time duties, I look forward to staying connected to Georgia Tech and supporting its mission of progress and service.”
After leaving IBM where he was a mechanical facilities engineer, Downing joined Georgia Tech in 1988 as a senior research engineer with the Georgia Tech Research Institute.
In 1996, he joined EI2 — then called the Economic Development Institute (EDI) — as the Griffin regional office manager and provided industrial extension and economic development services to the south metro Atlanta region.
Two years later, he was named group manager of technology services for the Economic Development Institute, where he was charged with overall management of technology deployment and information technology services to more than 200 EDI staff and associates located both on campus and in 12 regional offices across the state. In addition, this group provided technical research services for EDI clients in industry, business, and community economic development organizations.
In 2005, he was tapped to lead EI2’s Industry Services group, which included several key outreach programs: the Georgia Manufacturing Extension Partnership (GaMEP), the Energy and Environmental Management Center, the Georgia Tech Procurement Assistance Center (GTPAC), the Southeast Trade Adjustment Assistance Center (SETAAC), and the Georgia Tech Regional Office Network.
Downing was named EI2’s associate vice president in 2013 and vice president in 2016.
In that time, he spearheaded the three-fold expansion of the Advanced Technology Development Center (ATDC) and created the Venture Center space that has helped to attract several Fortune 100 corporate innovation centers to Technology Square.
His technology-based economic development efforts helped Georgia Tech and the EI2 win the prestigious “2014 Innovation Award” from the Association of Public and Land-grant Universities, and the “2014 Outstanding Research Park Award” from the Association of Research Parks.
Most recently, Downing led the feasibility study for the expansion of Georgia Tech’s second research park, Technology Enterprise Park, into a broader life sciences and technology innovation district.
“Chris has been a tireless champion and supporter of our economic development initiatives, working to maintain strong partnerships across the state while creating new collaborations,” said Georgia Tech President G. P. “Bud” Peterson. “We appreciate his leadership role as Georgia Tech partners with the state to strengthen Georgia’s economy.”
Downing is a graduate of the University of Florida, where he earned his bachelor’s and master’s degrees in mechanical engineering.
Investment will create valuable partnerships to spur greater innovation in payments.
Elavon, a global payments provider and subsidiary of U.S. Bancorp (NYSE: USB), announced a new and significant, three-year financial commitment at the Georgia Institute of Technology to further accelerate innovation across financial and payments technologies (FinTech).
The Advanced Technology Development Center (ATDC) at Georgia Tech is Georgia’s technology incubator. It focuses on building and growing FinTech companies in the state of Georgia. Elavon’s financial sponsorship will allow for further growth and startup support for entrepreneurs in the program.
As part of the sponsorship, Elavon executives will mentor program participants on topics such as software and applications integration as well as consultation on effective go-to-market strategies. As the FinTech space continues to evolve, partnerships with incumbents have become more important for an early-stage company’s customer acquisition and business model development.
“Our investment in this program and local FinTech companies brings us closer to the growing technology community in Atlanta and across the entire payments ecosystem, and is part of Elavon’s continued focus on integrated payments and eCommerce,” said Wally Mlynarski, Elavon’s chief product officer. “With this partnership, we are able to directly impact and shape the future of payments as technology and business models continue to rapidly evolve.”
In addition to receiving the benefits of being an ATDC program participant, startups in the incubator’s FinTech Program are integrated into Georgia’s FinTech ecosystem. This statewide ecosystem consists of strong public-private partnerships dedicated to the continued success of Georgia FinTech companies. ATDC FinTech provides access to industry, investors, and Georgia Tech’s resources to help these startups flourish as well as coordinating support from the Technology Association of Georgia, FinTech Atlanta, and the Metro Atlanta Chamber.
“We’re extremely excited to welcome Elavon as our partner in further developing Georgia’s early-stage FinTech startup community,” said Jeff Gapusan, who is ATDC’s FinTech executive-in-residence and secured the sponsorship. “Elavon is a world-class financial technology company. Its resources, mentorship, and insight will enable startup founders to also succeed in this highly complex space.”
The ATDC FinTech program currently hosts 35 early-stage FinTech startups. Since the program’s inception in 2015, ATDC FinTech startups and recent graduates have raised more than $65 million in angel and institutional venture capital.
Elavon is wholly owned by U.S. Bank, the fifth-largest bank in the United States, and provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, Canada, Mexico, and Puerto Rico. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to enterprise-sized.
About Georgia Tech
The Georgia Institute of Technology is one of the world’s premier research universities. Georgia Tech is a national and international leader in scientific and technological research and education and is the nation’s leading producer of engineers as well as a leading producer of female and minority engineering Ph.D. graduates. Ranked among the top public universities by U.S. News & World Report, the Institute enrolls more than 25,000 undergraduate and graduate students in fields ranging from engineering, computing, and sciences, to business, design, and liberal arts. For additional information, visit gatech.edu.
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 one of the longest running and 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.