Mayor’s Office of Communications
55 Trinity Avenue, Suite 2500 • Atlanta, Georgia 30303
FOR IMMEDIATE RELEASE: 08/14/12
Invest Atlanta Launches Start Up Atlanta
Program Brings Together Atlanta’s Business Community to Increase Entrepreneurship
ATLANTA – Mayor Kasim Reed and Invest Atlanta, the City of Atlanta’s economic development agency, announced today the launch of a new program called Start Up Atlanta to help the local start-up community engage, interact and create new businesses and jobs. Start Up Atlanta is one of Invest Atlanta’s initiatives to make the city nationally and internationally recognized for entrepreneurship.
“Atlanta's entrepreneurial spirit has always been strong, and with the launch of Start Up Atlanta, companies will have a direct link to critically important resources needed when starting a business,” said Mayor Kasim Reed. “This initiative not only will pair entrepreneurs with a vast array of talent and potential funding but also will help create jobs and grow Atlanta’s economy."
U.S. Patent and Trademark Office Director David J. Kappos, Invest Atlanta President and CEO Brian McGowan and Georgia Institute of Technology President Bud Peterson joined Mayor Reed at the press conference.
“This is a really exciting initiative,” Kappos said. “If our country is going to maintain its competitive edge in the global economy, we’re going to need more efforts like Start Up Atlanta to help unleash the full innovative and entrepreneurial potential of our nation’s great cities.”
Start Up Atlanta’s goal is to introduce, connect, support and expand the entrepreneurial, investment and talent ecosystem within all industries of Atlanta and the surrounding region. The program includes a web-based platform that visually maps out valuable resources such as incubators, accelerators and service providers, and connections to create and support a network for entrepreneurs to succeed in launching a start-up or building a business in Atlanta.
By supporting collaboration and innovation, Start Up Atlanta provides an opportunity for entrepreneurs to assess their start-up ideas. Local tech and start-up leaders, as well as Atlanta’s Fortune 500 companies, can participate by providing feedback in the areas of business and market strategy, fundraising, team development and more. Start Up Atlanta will also leverage resources to expand financing options for start-ups by connecting entrepreneurs with business advisors, investors and customers in the market.
“Start Up Atlanta will help interconnect Atlanta’s entrepreneurial ecosystem and provide an opportunity to build partnerships and access local resources, as well as help raise Atlanta’s profile as a place where entrepreneurs from around the world can succeed,” said McGowan of Invest Atlanta.
Invest Atlanta has partnered with organizations that have demonstrated a commitment to supporting the creation of jobs in their communities. Partner organizations include economic development agencies, entrepreneurial organizations, and state and local government entities.
During the event, Invest Atlanta, in partnership with the Technology Association of Georgia (TAG), announced a video competition where participants will have the opportunity to tell why their company will change the world and what they like most about being in Atlanta. Five companies will be selected to present their video at the second annual Venture Atlanta, Georgia’s largest investor showcase, in October. The grand prize winner will receive $10,000 in cash and a year subscription to iMeet from PGi. All participants will receive a free three-month subscription to iMeet, courtesy of PGi.
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For more information about the City of Atlanta, please visit http://www.atlantaga.gov or watch City Channel 26. Follow the City of Atlanta on Facebook and Twitter @City_of_Atlanta. Follow Mayor Reed on Facebook and Twitter @Kasim Reed.