The Advanced Technology Development Center (ATDC) has raised more than $50 million in investment capital this year, “a jump of 145.6 percent from the comparable period in 2016”. A program in connection with Georgia Tech, the ATDC was founded in 1980 and helps entrepreneurs in Georgia “learn, launch, scale, and succeed in the creation of viable, disruptive technology companies.” Since its launch the organization has helped facilitate $3 billion to startup companies which in turn have generated $12 billion in revenue for the state of Georgia.
According to the Press Release, “much of the funding activity in the first half of 2017 occurred in the financial technology (FinTech) sector” with companies like First Performance and Greenlight Financial Technology raising $17.5 million and $7.5 million, respectively. In addition to Fintech, ATDC also covers startups in health care, advanced manufacturing, and predictive analytics sectors, seeing investment in all industries.
The ATDC program is a great opportunity for technology companies looking for investment and to scale their business so if your’e interested in learning more please check out the link below.