EI2 and Tech Square Overview

EI2 and Tech Square Overview

B. David Bridges

Director, Economic Development Lab Associate Vice President, EI2 International

GT Academics Provost Office

College of Engineering

 Create X

GT Professional Education Students and Faculty

GT Research

Research Enterprise

 IRIs

 CMaT

Innovation Neighborhoods

 Tech Square

 Technology Enterprise Park Corporate Innovation Centers

 Delta

Enterprise Innovation Institute

 EDL

 VentureLab + I-Corps

 ATDC

 Puerto Rico GT Affiliated Organizations

Engage Flashpoint GCMI/ T3 Labs

External Organizations Welcoming America Invest Atlanta

Welcoming Atlanta Go STEM

Puerto Rico Delegation

Puerto Rico Delegation

Building a 21

Century University

•Engaging the External Community

•Serving the University Community

Invigorating Startup Ecosystems

•Feeding the Ecosystem

•Screening for High-Potential Startups

•Propelling High-Potential Startups

Georgia Tech

Founded for economic development

Shop Building

Georgia Tech

Practice and Theory

• $732M Sponsored Research ($100+M from industry), 297 Inventions, and 111 Patents

• Established 1885

• University System of Georgia

• Largest Engineering College in U.S. ~13,000

• 2015 freshman class

• Highest GPA of any public university

• Most diverse ever

• 41% female

• 64 countries, 48 states

Creating the Next...

Real-World Solutions

Georgia Tech is in the business of creating the next — the next idea, the next technology , and the next legion of visionary leaders. Bound together by passion and skill,

spurred by our imaginations, and rolling up our sleeves to get it done, our faculty, researchers, and students focus on

solving the grand challenges of our time.

Technology Square at Georgia Tech

Georgia Tech – Defining the technological research university of the 21st century

Mission

Technological change is fundamental to the advancement of the human

condition…we will realize our motto of

“Progress and Service”

effectiveness and innovation in teaching and learning, our research advances, and entrepreneurship in all sectors of society.

GT’s economic development mission is just as important today …..

Create Accelerate Grow

Georgia MEP I-Corps@GT

Georgia Tech’s primary economic development organization for local, regional, and global outreach.

2014 AWARD WINNER: INNOVATION

TECH SQUARE TODAY

• 1.4 million square feet of office, research, retail, and hotel space

• 2014 Outstanding Research Park Award winner, Association of University Research Parks

• “2014 Innovation Award winner

Association of Public Land-grant Universities

• $2.8 billion in investment capital raised by startups incubating at the Advanced Technology Development Center

• 20+ Corporate Innovation Centers including Southern Company, Panasonic, and Home Depot

BIRTH OF AN INNOVATION NEIGHBORHOOD

In 2003, the roughly 13-acre area now known as Tech Square and anchored by Spring and Fifth streets, was little more than a collection of surface lots.

The Georgia Tech Foundation invested $180 million to create campus facilities and commercial space, and partnered with The University Financing Foundation, and Gateway Development Services to create the

entrepreneurial and economic hub that is Tech Square.

Advanced Technology Development Center (ATDC) Flashpoint Accelerator

The Garage

Georgia Tech Hotel and Conference Center Georgia Tech Global Learning Center Georgia Tech Research Institute

Georgia Tech Scheller College of Business Tech Square Research Building

TECH SQUARE

BREAKTHROUGH BREAKTHROUGH BREAKTHROUGH

TALENT IDEAS COMPANIES

TechSquare Labs VentureLab

High Performance Computing Center (planned) NCR Headquarters (under construction)

More than 100 Technology Startup Companies Corporate Innovation Centers, including Coca-Cola Enterprises, Home Depot, AT&T Foundry, & Delta Air Lines

ATLANTA’S INNOVATION NEIGHBORHOOD

Tech Square – Phase 2

Coda – A Collaborative Research Center for Computing and

Analytics

750,000-square-foot mixed-use

project represents a $375 million

investment into the Tech Square

innovation district.

NCR Global Headquarters Under-

construction now

“Our new world headquarters campus is truly a watershed moment for the future of NCR and the City of Atlanta.

We are partnering ……to create an environment that will inspire passion, collaboration and innovation.”

─ NCR Chairman and CEO Bill Nuti

Georgia Tech | Startup and Scale Landscape

Brief Evolution of the

Atlanta Startup Ecosystem

Big city

Growing Economy In-migration

Low Cost of Living

High-tech Jobs

Mega Airport Big Corporations Prominent Clusters

Quality of Life

Engaged Government Top Universities

Lean Method Circulation

Press

“

10 best cities to launch a startup

Money Magazine 2014

“Ranked No. 21 for startups nationwide, Atlanta’s makeup proved ideal for entrepreneurs, offering advantages such as engaged universities, civic institutions and strong investor activity.”

Innovation that Matter Report 2016

“Top 20 US Cities for Tech Startup Funding”

Inc Magazine 2014

“Atlanta Outpaces Nation in Tech Talent Growth… Atlanta is on fire… 48 percent of the Atlanta population over 25 have bachelor’s degrees or higher. Only Seattle and Washington D.C. ranked higher.”

Hypepotamus 2016

“Georgia is a Top 5 state in access to capital”

CNBC 2015

“Georgia is the number 8 state in venture capital invested”

PWC Shaking the Money Tree Report 2015

“Atlanta named Top 10 city for Innovation”

Innovation Leader Magazine 2017

“List of Top 10 Cities with Fast Emerging Tech Hubs.”

CIO Magazine 2016

ATDC

Breakout Startups

Equity Investors

Georgia Research Alliance

Tech Assoc. of Georgia

Corporate Innovation Centers

Invest Atlanta

Atlanta Technology Village

Overall Map

B. David Bridges

Director, Economic Development Lab Associate Vice President, EI2 International

[email protected]