{"55440":{"#nid":"55440","#data":{"type":"news","title":"Forbes Lists Georgia Tech\u0027s ATDC Among World\u0027s Top Incubators","body":[{"value":"\u003Cp\u003E\u003Cem\u003EForbes\u003C\/em\u003E Magazine has named Georgia Tech\u0027s science and technology startup accelerator, the Advanced Technology Development Center (ATDC), to its new list of the \u002210 technology incubators that are changing the world.\u0022 ATDC is the only incubator in the Southeast to be included on the \u003Cem\u003EForbes\u003C\/em\u003E list.\u003C\/p\u003E\u003Cp\u003EIn its brief description of ATDC, \u003Cem\u003EForbes\u003C\/em\u003E noted that the program has graduated more than 120 companies since 1980 and that companies associated with ATDC have collectively raised more than $1 billion in outside financing. \u0022The companies are heavy with Georgia Tech alumni,\u0022 the magazine noted, \u0022but that\u0027s not a requirement.\u0022 \u003C\/p\u003E\u003Cp\u003EAccording to \u003Cem\u003EForbes\u003C\/em\u003E, the United States has more than 300 incubators that host approximately 6,000 companies. Many of them associated with universities, the incubators provide a broad range of support, from shared laboratory equipment to accounting and secretarial support, the magazine said. \u003C\/p\u003E\u003Cp\u003EIncubators like the ATDC, \u003Cem\u003EForbes\u003C\/em\u003E added, \u0022are increasingly drawing intellectual capital from around the world.\u0022 The magazine said it worked with CB Insights, a New York firm that tracks private-company funding trends -- including venture capital private equity and government-backed deals -- to select 10 \u0022especially crackling innovation hubs.\u0022 \u003C\/p\u003E\u003Cp\u003E\u003Cem\u003EForbes\u003C\/em\u003E is the third leading U.S business publication to cite ATDC\u0027s record of success in helping Georgia entrepreneurs. \u003Cem\u003EInc\u003C\/em\u003E. Magazine and \u003Cem\u003EBusinessWeek\u003C\/em\u003E had earlier included ATDC on their lists of leading incubators. \u003C\/p\u003E\u003Cp\u003EPart of Georgia Tech\u0027s Enterprise Innovation Institute, the ATDC now has more than 300 companies in its program. ATDC helps Georgia technology entrepreneurs launch and build successful companies. As part of its incubation and acceleration services, ATDC helps Georgia Tech faculty members and researchers form new companies based on intellectual property developed in the Institute\u0027s $500 million-per-year research program. ATDC also helps companies compete for and win federal grants through the Small Business Innovation Research (SBIR) program. \u003C\/p\u003E\u003Cp\u003E\u0022Startups play an essential role in creating new jobs and growing the economy,\u0022 noted Stephen Fleming, Georgia Tech vice provost and executive director of the Enterprise Innovation Institute. \u0022We are proud of the many companies that have emerged from ATDC -- and those currently in our program that are Georgia\u0027s technology leaders of the future.\u0022 \u003C\/p\u003E\u003Cp\u003EOn May 24th, ATDC will celebrate its 30th anniversary at its annual startup showcase and celebration. That makes the \u003Cem\u003EForbes\u003C\/em\u003E honor especially timely, Fleming noted. \u003C\/p\u003E\u003Cp\u003E\u0022As ATDC prepares to celebrate its 30th anniversary, this recognition demonstrates that it remains relevant and important to the entrepreneur community in Georgia,\u0022 he said. \u0022As we enjoy this attention, we thank those who have supported ATDC over many years: the Georgia General Assembly, the Georgia Research Alliance, the Georgia Tech administration and all of the volunteers who have shared their time and expertise with companies. Becoming one of the top programs in the world required long-term investment by many people and organizations.\u0022 \u003C\/p\u003E\u003Cp\u003EOther incubator programs cited in the Forbes list were: \u003C\/p\u003E\u003Cp\u003E\u2022 The Environmental Business Cluster (San Jose, CA) \u003C\/p\u003E\u003Cp\u003E\u2022 Houston Technology Center (Houston, TX) \u003C\/p\u003E\u003Cp\u003E\u2022 The IceHouse (Auckland, New Zealand) \u003C\/p\u003E\u003Cp\u003E\u2022 Massachusetts Biomedical Initiatives (Worcester, MA) \u003C\/p\u003E\u003Cp\u003E\u2022 Palo Alto Research Center (Palo Alto, CA) \u003C\/p\u003E\u003Cp\u003E\u2022 The Research Park at the University of Illinois at Urbana Champaign (Champaign, IL) \u003C\/p\u003E\u003Cp\u003E\u2022 The Technology Innovation Center (Evanston, IL) \u003C\/p\u003E\u003Cp\u003E\u2022 University Research Park \u0026amp; MGE Innovation Center at the University of Wisconsin (Madison, WI) \u003C\/p\u003E\u003Cp\u003E\u2022 Y Combinator (Mountain View, CA) \u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EResearch News \u0026amp; Publications Office\u003Cbr \/\u003EGeorgia Institute of Technology\u003Cbr \/\u003E75 Fifth Street, N.W., Suite 314\u003Cbr \/\u003EAtlanta, Georgia 30308 USA\u003C\/strong\u003E \u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EMedia Relations Assistance\u003C\/strong\u003E: John Toon (404-894-6986)(\u003Ca href=\u0022mailto:jtoon@gatech.edu\u0022\u003Ejtoon@gatech.edu\u003C\/a\u003E). \u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EWriter\u003C\/strong\u003E: John Toon \u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EForbes Magazine has named Georgia Tech\u2019s science and technology startup accelerator, the Advanced Technology Development Center (ATDC), to its new list of the \u201c10 technology incubators that are changing the world.\u201d\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"Georgia Tech\u0027s ATDC has been listed among the world\u0027s top incubators."}],"uid":"27303","created_gmt":"2010-04-20 00:00:00","changed_gmt":"2016-10-08 03:05:53","author":"John Toon","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2010-04-20T00:00:00-04:00","iso_date":"2010-04-20T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"55441":{"id":"55441","type":"image","title":"Forbes top incubator website","body":null,"created":"1449175533","gmt_created":"2015-12-03 20:45:33","changed":"1475894491","gmt_changed":"2016-10-08 02:41:31","alt":"Forbes top incubator website","file":{"fid":"190298","name":"tyr09862.jpg","image_path":"\/sites\/default\/files\/images\/tyr09862_0.jpg","image_full_path":"http:\/\/tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/tyr09862_0.jpg","mime":"image\/jpeg","size":81849,"path_740":"http:\/\/tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/tyr09862_0.jpg?itok=OYGJDaZq"}}},"media_ids":["55441"],"related_links":[{"url":"http:\/\/www.atdc.org\/","title":"ATDC"},{"url":"http:\/\/www.innovate.gatech.edu\/","title":"Enterprise Innovation Institute"},{"url":"http:\/\/www.forbes.com\/2010\/04\/16\/technology-incubators-changing-the-world-entrepreneurs-technology-incubator_slide.html","title":"Forbes article"}],"groups":[{"id":"1188","name":"Research Horizons"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"131","name":"Economic Development and Policy"},{"id":"135","name":"Research"}],"keywords":[{"id":"9193","name":"accelerator"},{"id":"4238","name":"atdc"},{"id":"2308","name":"Forbes"},{"id":"4239","name":"incubator"},{"id":"623","name":"Technology"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Cstrong\u003EJohn Toon\u003C\/strong\u003E\u003Cbr \/\u003EResearch News \u0026amp; Publications Office\u003Cbr \/\u003E\u003Ca href=\u0022http:\/\/www.gatech.edu\/contact\/index.html?id=jt7\u0022\u003EContact John Toon\u003C\/a\u003E\u003Cbr \/\u003E\u003Cstrong\u003E404-894-6986\u003C\/strong\u003E\u003C\/p\u003E","format":"limited_html"}],"email":["jtoon@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}