Georgia Tech announces launch of Velocity Startups
It will serve as a bridge between early-stage start-up founders and those who need a late-stage accelerator.
Velocity Startups joins the Georgia Institute of Technology’s comprehensive commercialization ecosystem, solidifying Georgia Tech’s role as a national leader and premier hub for research commercialization and start-up growth.
Velocity Startups serves as a bridge between early-stage start-up 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 start-ups, the early-stage accelerator will establish a collaborative facility in Atlanta’s 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’s tech scene.
“Atlanta is where innovation becomes opportunity, and Velocity Startups will make that journey even faster,” said Donnie Beamer, Senior Technology Advisor in the Atlanta Mayor’s Office of Technology and Innovation. “By 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’s place as a top global destination for innovation, investment, and entrepreneurial success.”
As an early-stage accelerator, Velocity Startups provides resources — including mentorship support, space, tools, networks, and infrastructure — to Georgia Tech students, faculty, researchers, and the greater Atlanta community, bridging the gap from spinoff to viable start-up. At Georgia Tech, many start-ups that complete the CREATE-X Start-up 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 Georgia Tech’s research resources and serve as a coordinating entity for Metro Atlanta’s entrepreneurial ecosystem, engaging more than 50 colleges and advocating for policies that support startup success.
“Velocity 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,” said Raghupathy “Siva” Sivakumar, Vice President of Commercialization and Chief Commercialization Officer at Georgia Tech and President of Georgia Advanced Technology Ventures. “This accelerator enables the communities at Georgia Tech and beyond to translate groundbreaking research into high-impact ventures.”
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