Stages:

• Early
• Seed

 

Industries:

Information Technology

Media & Digital Media

Software & Internet

 

Description:

Engage is a startup accelerator program and venture fund in partnership with 10 leading corporations and Georgia Tech. The 12 corporations have committed a total of $15 million ($1.5 million each) to the venture fund and will actively support the accelerator through mentoring, education and collaboration. The founding companies contributing capital, expertise, time and resources in support of Engage include AT&T, Chick-fil-A, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Inc., Intercontinental Exchange (ICE), Invesco Ltd., The Home Depot and UPS. Engage will offer programming and other services through its affiliation with the Advanced Technology Development Center (ATDC), which was established at Georgia Tech by the state of Georgia in 1980 to launch and build technology companies. The accelerator is open to startups across the country, with a focus placed on mentoring and market access strategies. Up to 48 startups could go through the program in the first three years. Companies accepted to the highly selective Engage program will receive $75K in initial seed funding. In subsequent financing rounds, Engage will selectively co-invest larger amounts in portfolio companies. Engage is an early-stage agnostic for incoming companies have had anywhere from $500k to $25MM in prior funding. $1.5 billion in follow-on capital has been raised.

 

Funds:

Fund Name	Amount	Date
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