On an Institute level, the Georgia Institute of Technology encourages its scientists and researchers to turn their discoveries into commercial successes, offering licensing, business planning, and commercialization help. Georgia Tech Research Corporation's (GTRC) Technology Transfer program and Office of Technology Licensing provide help identifying and licensing new technologies. Georgia Tech's Economic Development and Technology Venture's (EDTV) VentureLab and Advanced Technology and Development Center (ATDC) provide assistance to new business, turning technologies into commercial successes.
The GTRC embodies Georgia Tech's founding spirit of entrepreneurship and focus on the applications of engineering, science, and technology to the creation of meaningful new ideas, methods, and opportunities. Through the Technology Transfer Program, GTRC enables the Institute to maintain beneficial partnerships with public and private sectors in research and technology. The GTRC's Office of Technology Licensing also provides services to inventors and developers, evaluating new technologies and developing marketing and licensing strategies.
To enhance the Institute's reputation for research innovation, Georgia Tech set up VentureLab, a one-stop center for technology commercialization that evaluates innovations' commercial value, connects researchers with experienced entrepreneurs, and offers pre-seed awards for start-ups. After drafting a revenue model, gaining seed capital, and putting together an advisory team, entrepreneurs are offered incubator assistance through the ATDC, Georgia Tech's nationally-recognized science and technology incubator, which has helped Georgia entrepreneurs launch more than one hundred successful companies, including publicly-traded firms.
Georgia Tech continues to actively pursue commercialization opportunities for energy-related technologies and inventions.
Contact Suzy Briggs, Director of Development