VentureLab
From Wikipedia, the free encyclopedia
VentureLab is a technology commercialization project launched at Georgia Tech in 2001. It has since been adopted by the Georgia Research Alliance for other research universities in the state of Georgia.
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[edit] Faculty assistance
VentureLab provides comprehensive assistance to Georgia Tech faculty members, research staff members and graduate students who want to form startup companies to commercialize the technology innovations they have developed.
As a one-stop center for technology commercialization, VentureLab provides a clear pathway from laboratory innovation to the commercial market. VentureLab specialists help transform innovations into early-stage companies by assisting in business plan development, connecting the innovators with experienced entrepreneurs, locating sources of early-stage financing, and preparing the new companies for the business world. Graduates of the VentureLab program may apply for admission to the Advanced Technology Development Center (ATDC), also a unit of the Enterprise Innovation Institute, or EmTech Bio, an incubator operated by Georgia Tech and Emory University.
[edit] Answering questions
VentureLab helps faculty members, research staff members and graduate students answer such questions as:
- Is there a commercial market for my innovation?
- What should my role be in building a company based on the innovation?
- What are the steps between laboratory discovery and commercial product or service?