Tuesday, December 23, 2008

VentureLab is Hiring!


VentureLab just celebrated its seventh birthday, and our impact on the Georgia technology community has been growing every year. Our mission is to commercialize technology developed in Georgia Tech research labs. We review all the intellectual property being reported by faculty, decide how best to use the technology, and then nurture startup companies coming out of the process.

So far, we've evaluated more than 1,000 inventions, identified 117 potential startup opportunities, and launched 22 companies since 2001. Beyond those raw numbers are the dollars: we've managed $7.3 million invested by the Georgia Research Alliance to start these companies; the survivors have attracted more than $250 million in venture capital -- a 34-to-1 leverage!

You can read the list of current VentureLab projects here, or more about how the program works here.

We're expanding our staff to deal with the increasing percentage of biotech and life sciences opportunities at Georgia Tech (mostly, but not exclusively, coming from the School of Biomedical Engineering). You get to work with some of the smartest people in the world, and help shape their inventions into successful startups. We have a great group of people working here already, and now we need one more.

The position profile and requirements are posted here and we're accepting applications already. If you're interested and have relevant background and experience, please click on the link and apply!


Monday, December 1, 2008

Two VentureLab Companies win SBIR Awards

InterCAX and Graphene Works have won $100,000 Phase I SBIR awards from NASA. InterCAX makes software to help systems engineers run simulations against their SysML models. For example, they are helping JPL to simulate future missions to the outer planets. Graphene Works is building that stuff you put inside of pencils. Sort of.

Congratulations to both companies for the big wins.