Economic Impact

Georgia Tech’s research engine powers an innovation ecosystem that fuels innovation and attracts more than $100 million in industry research each year. The Enterprise Innovation Institute is the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development. The ecosystem at Georgia Tech offers world-class commercialization services for faculty, staff, and students to catalyze research and innovation that matter, and that improve the human condition. 

Baratunde Cola, an associate professor at Georgia Tech’s George W. Woodruff School of Mechanical Engineering, founded Carbice Na

Georgia Tech fully embraced its evolving role as an entrepreneurial hub when it created an Office of Commercialization. With 3,500 faculty members, thousands of Ph.D. students, more than $1 billion in research awards, and a wide-ranging suite of commercialization-focused programs, commercialization at Georgia Tech is alive and well. 

Mason Chilmonczyk in a clean room.

A new startup, Andson Biotech, hopes to make the development and production of gene therapies easier. Andson was launched from a partnership between Georgia Tech and the NSF Engineering Research Center for Cell Manufacturing Technologies. The company develops new sensors to discover the next groundbreaking cell and gene therapies.

Construction to Begin on Science Square, Illustration Rendering

It’s been in the works for more than a decade and now construction will officially begin. An announcement from Georgia Advance Technology Ventures (GATV), a cooperative organization of Georgia Tech, and Trammell Crow Company (TCC), the project developer, shares details of what will become a major life science innovation hub for the Atlanta region.

Leadership and Police Officers speaking about new partnership

The Partnership for Inclusive Innovation, a public-private organization designed to position Georgia as the leader for innovation, opportunity, and shared economic success, has announced the winners of the 2022 Georgia Smart Communities Challenge, at Central Georgia Technical College in Warner Robins.

ATDC Director John Avery (left) and Thomas Felis, director of robotics strategy for Amazon Global Robotics.

To help support the growth of startups and individuals working to advance automation and robotics, Amazon Robotics announced it is providing a substantial investment over three years to the Georgia Institute of Technology’s Advanced Technology Development Center (ATDC).


Industry and Leadership being shown around plant

Georgia Tech was awarded a grant from the U.S. Department of Commerce’s Economic Development Administration (EDA) as part of its $1 billion Build Back Better Regional Challenge. As a leader in artificial intelligence, manufacturing research, and innovation-led economic development, Georgia Tech will utilize the grant for technical assistance to plan the Georgia Artificial Intelligence Manufacturing Corridor (GA-AIM).