Georgia's research universities often spawn new companies that bring products and technologies to market. For many of these companies, GRA plays a key early role by investing in the university technology needed to advance the company's invention in the earliest stages.
The primary way GRA achieves this is through its VentureLab program. Since 2002, GRA (through VentureLab) has evaluated the commercial potential of more than 600 inventions or discoveries at universities. The most promising of these were awarded VentureLab grants to help fund the technology research necessary to further develop the invention or discovery. This process has led to the formation of more than 120 early-stage companies that employ nearly 600 people and have attracted $460 million in private equity investment. More about VentureLab >
GRA also works with established Georgia companies through its Centers of Innovation in aerospace, logistics, life sciences, energy, agriculture and advanced manufacturing. The COIs help find technology solutions to industry challenges, in part by connecting companies to leading-edge research at Georgia's universities.
The following table offers more information about some of the companies that GRA has supported.