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Old 01-12-2017, 08:56 AM
 
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Local government is getting in on the tech accelerator action.

The city is collaborating with Georgia Tech and 10 Atlanta corporations to launch Engage, a "mentorship-driven" accelerator program and $15 million venture fund.

Engage is open to startups across the country, with a focus placed on mentoring and market access strategies, according to the City. Applications will be available in early 2017, with programming scheduled to begin in the spring. Up to 48 startups could go through the program in the first three years.

“Atlanta is the Southeast’s technology, innovation and entrepreneurship capital, with the third-largest concentration of Fortune 500 companies in the country,” Mayor Kasim Reed noted. “We must take advantage of these unique assets to further stimulate our growing ecosystem of start-ups and growth-stage companies, connecting them to capital, talent and mentorship. This new venture fund and accelerator program will offer an unmatched opportunity for entrepreneurs in Atlanta and the region, and I am confident its success will lead to greater interest and investment in our emerging technology companies...”

Full Story: $15 million public-private Atlanta venture fund launched - Atlanta Business Chronicle
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