Georgia Banking Company & ATDC Announce Strategic Alliance to Fuel Innovation, Entrepreneurship

Staff Report From Georgia CEO

Wednesday, February 21st, 2024

Georgia Banking Company (GBC), a leading local community bank committed to fostering innovation and economic growth in the region, today announced a new collaboration with the Advanced Technology Development Center (ATDC), the state of Georgia’s technology startup incubator.

This strategic alliance marks a significant milestone in the collaboration between academia and industry, reinforcing the commitment of both organizations to drive economic development, support startups, and nurture entrepreneurship within the state of Georgia.

GBC’s Payments & Technology Banking Group President Nathan Ottinger expressed enthusiasm for the collaboration, stating, “We are proud to support the incredible work happening at ATDC. Innovation is a driving force for economic growth, and through this partnership, we aim to provide startups with the financial tools and expertise they need to thrive.

“Together, we will foster a culture of entrepreneurship that contributes to the overall prosperity of our community.”

ATDC, a program of Georgia Tech’s Enterprise Innovation Institute, is widely recognized as one of the nation’s premier technology incubators, providing startups with resources, mentorship, and a vibrant community to accelerate their growth. By joining forces with GBC, ATDC aims to enhance emerging companies’ financial and strategic support, further propelling their success in the marketplace.

“We are thrilled to embark on this journey with GBC,” ATDC Director John Avery said. “This collaboration aligns perfectly with our mission to empower entrepreneurs and startups, and we believe that the financial expertise and resources provided by GBC will be invaluable in fueling the innovation ecosystem in Georgia.”

As a key sponsor of ATDC’s educational programming and curriculum, GBC brings a wealth of financial acumen and a solid commitment to the local community. The bank will contribute financial support and play an active role in mentoring and guiding startups on financial strategies, banking solutions, and other critical aspects of business development.

“Georgia Banking Company continues our legacy of convening corporate sponsors who are dedicated to seeing our startup ecosystem thrive,” said Aubrey Lenyard, ATDC community engagement manager. “The resources they bring to our startup community ensures that we will continue to help our companies learn, launch, scale, and succeed.”