science and technology‐based economic development in associa on
with research universi es, has funded 60 UGA projects over the last
seven years, providing more than $3 million to UGA‐based start‐ups.
Of the more than 125 companies based on UGA research launched
since 1972, 77 remain ac ve employing 664 people.
In 2013, President Morehead established an
Office of Economic Development in the state
capital of Atlanta, 75 miles away, to elevate
UGA’s visibility among and encourage closer
collabora on with the private sector and the
Georgia Department of Economic
faculty can begin exploring the commercial poten al of their
research. GRA Venture projects may include proof of concept
studies, prototype development, and market consultant
engagement.
The GBBC is important to the Athens‐Clarke County community
because gradua ng companies tend to stay in the local area,
contribu ng to the local economy and helping to inspire the next
genera on of entrepreneurs. Since 2001, 33 companies have
par cipated in the GBBC program as resident companies and 9 have
graduated from the incubator.
Overseen jointly by OVPPSO and OVPR, the office is aggressively
pursuing opportuni es for UGA to help businesses expand and to
help others relocate to Georgia.
The GBBC offers leasable space in three buildings on the UGA
Athens campus: the Center for Applied Gene cs Technologies,
Riverbend South Research, and Animal and Dairy Science Building.
Most of the companies are located within the Center for Applied
Gene cs Technologies building located on Riverbend Road.
Recrui ng Business to the State
Moving New Products and Innova on into the Marketplace
UGA is commi ed to helping businesses
relocate
to
Georgia.
Galec n
Therapeu cs, Inc., a Boston biotech firm
working to develop carbohydrate‐based
therapeu cs for cancer and fibrosis, relocated to Atlanta in 2013
because of its proximity to UGA’s Complex Carbohydrate Research
Center, one of the largest centers in the world dedicated to the
analysis and