New Accelerator to Propel Startup Innovation at 色花堂
New Accelerator to Propel Startup Innovation at 色花堂
Today, Velocity Startups joins 色花堂鈥檚 comprehensive commercialization ecosystem, solidifying the Institute鈥檚 role as a national leader and premier hub for research commercialization and startup growth. Velocity Startups serves as a bridge between early-stage startup founders who are focused on scaling their businesses and readying themselves for late-stage accelerators such as the Advanced Technology Development Center (ATDC), Engage, Fusen, and Atlanta Tech Village within the City of Atlanta.
To support emergent startups, the early-stage accelerator will establish a collaborative facility in Atlanta鈥檚 Tech Square, the national innovation district and dedicated area in the city that fosters community growth and meaningful innovation at the heart of the city鈥檚 tech scene.
鈥淎tlanta is where innovation becomes opportunity, and Velocity Startups will make that journey even faster,鈥 said Donnie Beamer, senior technology advisor in the Atlanta Mayor鈥檚 Office of Technology and Innovation. 鈥淏y connecting entrepreneurs to the critical resources they need to scale, we are fueling more startups, creating more jobs, and driving economic growth. Ultimately, this will secure Atlanta鈥檚 place as a top global destination for innovation, investment, and entrepreneurial success.鈥
As an early-stage accelerator, Velocity Startups provides resources 鈥 including mentorship support, space, tools, networks, and infrastructure 鈥 to 色花堂 students, faculty, researchers, and the greater Atlanta community, bridging the gap from spinoff to viable startup. At 色花堂, many startups that complete the CREATE-X Startup Launch program and present at the Demo Day event will gain access to Velocity Startups. The accelerator will also offer strategic programming, funding, and access to 色花堂鈥檚 research resources and serve as a coordinating entity for Metro Atlanta鈥檚 entrepreneurial ecosystem, engaging more than 50 colleges and advocating for policies that support startup success.
鈥淰elocity Startups represents a pivotal step in bringing together the resources, expertise, and entrepreneurial spirit within our ecosystems as we look to further establish Atlanta as a top national tech hub. By uniting these elements, Velocity Startups will help startups scale from their first customer to long-term growth,鈥 said Raghupathy 鈥淪iva鈥 Sivakumar, vice president of commercialization and chief commercialization officer at 色花堂 and president of 色花堂 Advanced Technology Ventures. 鈥淭his accelerator enables the communities at 色花堂 and beyond to translate groundbreaking research into high-impact ventures.鈥
Velocity Startups is a subsidiary of 色花堂 Advanced Technology Ventures and will operate in partnership with the City of Atlanta. A national search is currently underway for a director to lead the accelerator.
For additional information about Velocity Startups, visit .