What’s that, you have an awesome idea?

March 3, 2008 – 2:37 pm

Get funded!

The class that I RA for had a guest speaker today from GT Venture Labs and he brought up a few interesting sources of funding within the state of Georgia that I wasn’t aware of before today.

  • sbir – GA—These guys offer grant money for R&D, fairly simple application process, 10-20k grant
  • Georgia Rsearch Alliance—Dedicated to providing startup capital in varying forms to new businesses. There are three phases of funding: 1) up to a 50k grant for a good idea; 2) up to 100k grant if you can find someone to match them; and 3) 250k loan that must be repaid upon success and/or leaving the state
  • GT Edison Fund—Still a source of income in the fund raising stages this group has close ties to GT. Will be something to look into in the future.

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