The venture capital fund is allotted around $20 million out of $100,000, and it just spent $1,000,000 on Tech Square Labs. Founded by entrepreneurs, Paul Judge and Allen Nance, Tech Square Labs is a startup incubator focusing on information security, marketing automation, and business-to-consumer (B2C) companies.
But Tech Square Labs is more than just an incubator. It’s also a seed fund, providing capital to early stage startups, as well as a collaborative workspace with about 25 thousand square feet to work with.
Founders, Paul and Allen, say that they launched Tech Square in Atlanta because 3 main benefits:
1. Wealth of colleges and universities which make scaling talent possible
2. The thriving B2B environment, with many corporate headquarters located in Atlanta
3. The young entertainment industry that’s creating a lot of attention for Atlanta
There is no doubt, Atlanta has a thriving startup community for a reason. There’s over a quarter of a million college students in and around the city. There’s massive business to business overlap. And most importantly, there’s investment flowing from the state and eager Venture Capitalists.
Tech Square Labs | Technology | Startup | Venture Capital | Atlanta