Accelerating the launch and growth of new enterprises
As the commercialization arm of the Georgia Research Alliance, GRA Ventures:
- seeks and identifies university discoveries and inventions that have market potential;
- makes key investments in the most promising ventures at the earliest stages;
- develops a pool of experienced CEOs and mentors to help guide or lead the newly launched enterprises; and
- shares best practices and provides other support – all to help grow more companies from universities and create more high-value jobs.
Since 2002, GRA Ventures (formerly known as GRA VentureLab) has accelerated the formation and launch of university-based start-ups by:
- Evaluating more than 900 proposals for more than 400 unique university technologies and inventions
- Advancing to market 300 distinct university technologies with multi-phase commercialization grants totaling $22 million
- Providing $10 million in low-interest loans to 42 of the most promising companies
Today, 100 active university-based companies have received crucial support from GRA Ventures. These enterprises have brought to Georgia more than a half-billion dollars in equity investment. They have also generated more than $320 million in revenue, and today they employ more than 900 professionals.
In summer 2013, GRA Ventures announced the formation of GRA Industry Fellows, who help connect industry experts with university faculty, and the Commercialization Council, a group of successful entrepreneurs and economic development advisors helping to expand the GRA Ventures program.
Resources for enterprising university researchers
GRA Ventures focuses on commercializing technologies and discoveries emerging from Georgia’s research universities, including Georgia Tech, UGA, Clark Atlanta, Georgia State, Emory, Georgia Regents University, Mercer University, and Morehouse School of Medicine.
If you’re a researcher seeking to commercialize a discovery or invention, contact the GRA Ventures representative on your campus (see list below). You may also download the following documents:
• A complete description of the FY14 proposal process (.pdf)
• FY14 Phase I proposal form for GRA Ventures grants (.docx)
• FY14 Phase II proposal form for GRA Ventures grants (.docx)
• FY14 Phase III proposal form for GRA Ventures loans (.docx)
GEORGIA REGENTS UNIVERSITY
Carl Clark, Ph.D.
Chris McKinney, Ph.D.
GEORGIA STATE UNIVERSITY
Chester (Chet) A. Bisbee, PhD, JD
MOREHOUSE SCHOOL OF MEDICINE
James W. Lillard, Ph.D., M.B.A.
UNIVERSITY OF GEORGIA