Flashpoint at Georgia Tech
Flashpoint
828 West Peachtree Street NE
Atlanta, GA 30308
http://flashpoint.gatech.edu/contact/
Purpose of Initiative
Flashpoint creates better startups, faster. We welcome committed founders with domain knowledge and a passion for responding to the needs of their customers, and help them shape startups with true market/product fit, reduced risks, lower costs, and a better chance of high quality success. Flashpoint is not an incubator or accelerator; it is a rigorous management and education program that works closely with founders to create companies.
Eligibility
Flashpoint is open to all Georgia startups, with first priority given to technology companies. Atlanta is a great place for e-commerce, internet security, materials, consumer health, medical devices, computing, robotics, financial transactions, and logistics. With our connections to Georgia Tech and the Atlanta corporate community, we look for teams we think we may strongly advantage by providing access to resources in our networks.
Application Process
Information on the application process can be accessed here.
Award Details
Flashpoint filters and accepts about a dozen into a cohort. Every team receives funding (about $25k for about 8%), enough to do the work without taking too much dilution.
Georgia Research Alliance (GRA) Ventures
Lee Herron, DVM
Vice President, Venture Development
Georgia Research Alliance
191 Peachtree Street, NE, Suite 849
Atlanta, GA 30303
(404) 332-9770
Lee.herron@gra.org
Purpose of Initiative
GRA Ventures is Georgia’s only non-profit catalyst for seeding and shaping companies around research at multiple universities. As the commercialization arm of the Georgia Research Alliance, GRA Ventures seeks and identifies university discoveries and inventions that have market potential, as well as making key investments in promising ventures at the earliest stage.
Eligibility
To be eligible for funding, a project must have started at one of the Georgia Research Alliance member universities. GRA member universities include Augusta University, Georgia Tech, University of Georgia, Georgia State University, the Moorehouse School of Medicine, and Emory University.
Application Process
If you’re a researcher seeking to commercialize a discovery or invention, contact the GRA Ventures representative on your campus.
Proposals will be subject to a two-step review. An initial review is conducted by GRA Ventures staff, followed by an independent review. The review of all Phase I, II and III proposals will be by an independent committee of reviewers whose members are selected
by GRA based on relevant industry and equity investment experience. Reviewers for each proposal are selected from this pool according to their specific industry experience. All proposals are reviewed and initially triaged by GRA as eligible for review or needing additional information prior to review. Each proposal is evaluated by at least three reviewers. A proposal scoring template will be used to guide proposal reviews.
Further information about the application process can be accessed here.
Award Details
Award details have not recently been disclosed.
Atlanta Ventures Accelerator (AVA)
David Cummings
Partner
Atlanta Ventures Accelerator
Atlanta Tech Village
3423 Piedmont Rd. NE
Atlanta, GA 30305
Purpose of Initiative
The Atlanta Ventures Accelerator (AVA) is a peer and mentor driven, non-cohort based, year-round program for Atlanta-based tech startups that maximizes leverage of all resources of the Atlanta Tech Village.This includes community, mentor network introductions, coworking space, educational programs, peer huddles and events, and access to top experts in all things tech startup.
Eligibility
Ideal candidate startups:
- 2 or more co-founders (required)
- all co-founders are committed full-time
- have raised close-to-zero capital
- scalable technology with capital efficient model
- in-house technical talent OR have identified tech lead and agreed on how to hire
- based in, or will relocate to Atlanta indefinitely (required)
- domain expertise in the field of the startup
- clearly defined business model
- either have or are very close to having an MVP
- well into the search for a product / market fit and are ready to build a customer acquisition machine (startups that are at the end of stage one/beginning of stage two are ideal candidates)
Application Process
Acceptance to the program is year-round and unscheduled. The application is available here.
Award Details
Startups receive $20,000 from Atlanta Ventures plus (at the company’s option), a $100,000 investment from Buckhead Investment Partners (BIP) Early Stage fund. Both Atlanta Ventures and BIP are open to participating in the seed round as well, but our participation isn’t part of the guaranteed benefits.
Atlanta Technology Angels
Contact Atlanta Technology Awards
http://angelatlanta.com/contact-us/
Purpose of Initiative
The Atlanta Technology Angels is an investment group that assists early-stage Georgia-based companies.
Eligibility
ATA members invest in Southeast-based companies that make use of technology and have the potential to scale rapidly into market and financial leadership with high potential to provide an exit within three to five years. This implies a company that has a potential for high growth, with an experienced team, a protectable position in a large or rapidly growing market, and a way to dominate the niche your company plans to address.
Application Process
All ATA pre-screening applications must be submitted via Gust. Submit here.
Award Details
ATA members look for situations where capital up to $1 million is designed to take the company to the next level, and materially increase its valuation.
Updated March 2018, Kristin Stiner