If you think innovation thrives in California's Silicon Valley, Georgia Tech's $1.19 billion research ecosystem, over 500 facilitated startups, and thousands of industry-powered graduates reveal a far more compelling and collaborative engine for the future of tech.
Key Takeaways
- In FY2022, Georgia Tech received $1.19 billion in research expenditures, ranking 7th among U.S. universities
- Georgia Tech ranked #3 in U.S. for industry research funding per faculty member at $1.8M average in 2022
- Georgia Tech received $50 million from NSF for semiconductor research consortium with industry in 2023
- Georgia Tech's VentureLab has facilitated over 500 startups since 2014 with total funding exceeding $2.5 billion
- The Advanced Technology Development Center (ATDC) at Georgia Tech supported 85 startups in 2023 raising $300 million in venture capital
- Georgia Tech startups raised $1.2 billion in VC funding from 2018-2023, ranking top 10 nationally per university
- Georgia Tech alumni founded or co-founded 150 companies in Atlanta's tech ecosystem by 2023
- Georgia Tech's CREATE-X program launched 120 student startups in its first 5 years, achieving 70% survival rate after 3 years
- 45 Georgia Tech spinouts were acquired by major tech firms between 2015-2023
- In 2023, Georgia Tech signed 250 industry-sponsored research agreements worth $150 million
- Georgia Tech partnered with Delta Air Lines on a $10 million AI research initiative in 2023 for aviation optimization
- In 2023, Georgia Tech hosted 50 industry-sponsored capstone projects involving 1,000 students
- Georgia Tech's tech transfer office licensed 45 technologies to industry in 2022 generating $20 million in revenue
- The Georgia Tech Research Institute (GTRI) secured $700 million in contracts from 200+ industry and government clients in FY2022
- ATDC portfolio companies created 2,500 jobs in Georgia by 2023
Georgia Tech fuels tech growth through extensive research, startups, and industry partnerships.
Alumni Industry
- Georgia Tech's alumni network includes 18,000 professionals in Silicon Valley tech companies as of 2023
- Georgia Tech alumni lead 30% of Atlanta's top 50 tech companies by revenue in 2023
- 1,100 Georgia Tech grads joined FAANG companies in 2022
- Georgia Tech chemical engineering alumni hold 500 patents in industry
- Georgia Tech civil engineering grads contribute to $5B infrastructure projects annually
- Georgia Tech physics alumni in quantum computing firms: 200+ positions 2023
- Alumni founded 25% of Georgia cleantech companies by revenue 2023
- 400 Georgia Tech MBAs in tech leadership roles Atlanta metro 2023
- Alumni CEOs of 15 Georgia unicorns valued over $1B each 2023
- 250 chemical eng alumni in pharma industry leadership 2023
- Georgia Tech earth/ocean alumni in climate tech firms: 150 roles 2023
- 300 public policy grads in tech regulation roles 2023
- Alumni in blockchain firms: 100 founders/ execs 2023
- 150 modern languages grads in localization tech 2023
Alumni Industry Interpretation
While Silicon Valley may have a massive army of our alumni, Georgia Tech's true superpower is in its quieter, pervasive influence—building from the ground up in Atlanta, regulating the systems they create, and patenting solutions from clean energy to quantum computing, proving they don't just work in the industry, they architect its very foundations.
Economic Impact
- Georgia Tech's tech transfer office licensed 45 technologies to industry in 2022 generating $20 million in revenue
- The Georgia Tech Research Institute (GTRI) secured $700 million in contracts from 200+ industry and government clients in FY2022
- ATDC portfolio companies created 2,500 jobs in Georgia by 2023
- GTRI's cybersecurity division served 100+ industry clients with $150M contracts in 2022
- $200M economic multiplier effect from Georgia Tech research in Georgia annually
- Georgia Tech spinouts employ 10,000 people statewide as of 2023
- GTRI's electromagnetic lab tested products for 50 companies generating $30M revenue 2022
- Economic impact study shows Georgia Tech adds $4.5B to GA GDP yearly
- GTRI exported $50M tech solutions to international industry partners 2022
- Georgia Tech research spurred 5,000 direct jobs in supplier firms 2023
- Economic output from GTRI contracts: $1.2B annually in GA
- GTRI's space systems group won $100M NASA-industry contracts 2022
- $3.2B total economic impact from Georgia Tech ecosystem 2023
- GTRI manufacturing innovation center served 75 firms $40M 2022
- $900M R&D spend by GTRI affiliates in GA 2023
- Georgia Tech tech park hosts 150 companies employing 12K 2023
Economic Impact Interpretation
Georgia Tech's ecosystem is basically a perpetual economic motion machine that simultaneously cooks up groundbreaking research in its labs, launches startups with it, sells the resulting expertise globally, and then funnels the billions in revenue and tens of thousands of jobs right back into Georgia as if the state had a direct equity stake in innovation itself.
Employment
- In 2022, 65% of Georgia Tech engineering graduates received job offers from top tech firms like Google and Microsoft before graduation
- 92% employment rate for Georgia Tech computer science graduates within 6 months of graduation in 2022, average salary $120,000
- Georgia Tech mechanical engineering grads had 95% placement in industry roles averaging $85,000 salary in 2022
- 75% of Georgia Tech bioengineering grads enter industry R&D roles with median salary $90,000 in 2022
- Georgia Tech's industry internship program placed 3,500 students in 2023, 98% converted to full-time offers
- 88% placement rate for Georgia Tech industrial engineering grads, average $95,000 salary 2022
- Electrical engineering grads at Georgia Tech had 96% employment rate, $110K median salary 2022
- 85% of management grads enter tech consulting roles avg $105K 2022
- Aerospace engineering 94% placement, $92K avg salary 2022 grads
- Georgia Tech ranked #4 for women in tech workforce production 2022, 800 grads
- 98% retention rate for industry interns to full-time at partner companies 2022
- Biomedical eng 90% industry placement $88K avg 2022
- Materials science grads 92% employed $87K median 2022
- Industrial design grads 95% placement $82K avg 2022
- Polymer eng grads 89% industry jobs $85K 2022
- Textile eng grads 91% placement $80K 2022
- History/tech grads in digital humanities industry 50 roles 2022
- Psychology grads in UX design industry 200 placements 2022
Employment Interpretation
Georgia Tech seems to have perfected the art of turning brilliant minds into gainfully employed ones, with its graduates marching out of campus and directly into high-paying tech jobs and industry roles with such efficiency it would make even the most advanced assembly line blush.
Entrepreneurship
- Georgia Tech alumni founded or co-founded 150 companies in Atlanta's tech ecosystem by 2023
- Georgia Tech's CREATE-X program launched 120 student startups in its first 5 years, achieving 70% survival rate after 3 years
- 45 Georgia Tech spinouts were acquired by major tech firms between 2015-2023
- Georgia Tech's inventors ranked top 5 U.S. universities for startup creation per patent in 2023
- ATDC's AI/ML track supported 30 startups raising $150M in 2023
- CREATE-X Summer Seed grants awarded to 50 teams totaling $500K in 2023
- Georgia Tech's nano research center licensed 20 techs to semiconductor firms 2022
- TechLab accelerator funded 40 ventures with $2M in 2023
- CREATE-X global program launched 10 international startups 2023
- VentureLab IP clinic advised 100 inventors leading to 15 startups 2023
- CREATE-X Propel grants to 30 teams $300K total 2023
- 15 quantum startups from Georgia Tech IP commercialized 2023
- Global Seed grants funded 12 international teams 2023
- 18 AR startups from CREATE-X portfolio 2023
- Launch incubator supported 45 teams to demo day 2023
- EIR program placed 10 entrepreneurs-in-residence mentoring 50 ventures 2023
Entrepreneurship Interpretation
Georgia Tech isn't just educating engineers; it's systematically weaponizing its campus with startup incubators, patent clinics, and global accelerators, ensuring Atlanta's tech ecosystem is so densely populated by Yellow Jackets that failure has to queue up and take a number.
Partnerships
- In 2023, Georgia Tech signed 250 industry-sponsored research agreements worth $150 million
- Georgia Tech partnered with Delta Air Lines on a $10 million AI research initiative in 2023 for aviation optimization
- In 2023, Georgia Tech hosted 50 industry-sponsored capstone projects involving 1,000 students
- Georgia Tech's Vertically Integrated Projects (VIP) program engaged 2,200 students with 50 industry sponsors in 2023
- The Georgia Tech Research Alliance (GTRA) facilitated $300M in industry investments since 2019
- Georgia Tech partnered with Coca-Cola on $15M sustainable packaging research in 2022
- Georgia Tech's AeroAstro program has MoUs with Boeing and Lockheed for joint research, 25 projects in 2023
- 40 corporate members in Georgia Tech's Materials Science Industry Affiliates Program in 2023
- Partnership with Home Depot for supply chain AI, $12M over 3 years starting 2023
- 30 industry advisory board members for computing school guiding curriculum 2023
- MoU with NVIDIA for GPU computing research, 20 projects 2023
- 60 capstone teams sponsored by automotive firms like Ford 2023
- Joint lab with Lockheed Martin for hypersonics, $20M investment 2023
- 25 firms in robotics industry affiliates program funding $5M research 2023
- VIP consortia with 40 sponsors engaging 800 students 2023
- Partnership with UPS for logistics optimization AI $8M 2023
- 35 corporate sponsors for nuclear engineering program $4M 2023
- 10 joint ventures with European tech firms via GTRA 2023
- Collaboration with Salesforce on CRM AI $10M 2023
- 20 Asia-Pacific partnerships for photonics research 2023
- 15 consortia with 200 member companies total 2023
- Partnership with IBM for quantum education $5M 2023
Partnerships Interpretation
Georgia Tech has masterfully turned its campus into a bustling corporate R&D bazaar, where the currency is bright students and big ideas, and the receipts show it’s a quarter-billion-dollar-a-year enterprise.
Research Facilities
- Georgia Tech's Klaus Advanced Computing Building enabled 20 industry collaborations in quantum computing by 2023
Research Facilities Interpretation
Georgia Tech's Klaus Building has essentially become a quantum matchmaker, producing twenty new industry flings in quantum computing by 2023.
Research Funding
- In FY2022, Georgia Tech received $1.19 billion in research expenditures, ranking 7th among U.S. universities
- Georgia Tech ranked #3 in U.S. for industry research funding per faculty member at $1.8M average in 2022
- Georgia Tech received $50 million from NSF for semiconductor research consortium with industry in 2023
- Georgia Tech faculty secured 15 SBIR/STTR Phase II awards with industry matching in 2022
- Georgia Tech received $25M from DARPA for robotics with industry co-funding in 2022
- $40M from DOE for battery research consortium with GM and others 2023
- $15M industry gifts for AI institute matching NSF grant 2022
- $30M from semiconductors act for SRC with Intel, TSMC 2023
- $18M industry sponsorship for sustainable computing center 2022
- $22M from ARPA-E for energy storage with industry match 2022
- $12M private foundation grants for biotech research 2022
- $28M industry-funded clean energy testbed 2022
- $16M from industry for human-centered computing lab 2022
- $35M venture matching fund for faculty startups 2022
Research Funding Interpretation
Georgia Tech’s innovation engine isn't just humming with grant money; it's a symphony orchestrated with industry partners who are so invested they're practically co-conductors, proving that academic brilliance truly shines when it's plugged directly into the real world.
Research Output
- Georgia Tech filed 120 invention disclosures in 2022, leading to 30 U.S. patents issued
- In FY2021, Georgia Tech generated 250 patents with industry co-inventors
- GTRI delivered 40 technology prototypes to industry partners in 2022
- Georgia Tech's Sustainable Energy lab collaborated with Siemens on 10 projects worth $8M in 2023
- 200 joint publications between Georgia Tech faculty and industry researchers in 2022
- GTRI sensors division commercialized 10 products with industry 2022
- Patent portfolio grew to 1,200 active U.S. patents held by Georgia Tech 2023
- GTRI agtech division partnered with John Deere on 5 projects $10M 2022
- 20 spinouts in AI/ML licensed to Google, Amazon affiliates 2023
- 80 invention licenses to startups generating 500 jobs 2022
- 110 new patents issued to faculty-industry teams 2023
Research Output Interpretation
In the grand orchestra of innovation, Georgia Tech is not merely a composer writing brilliant scores, but the conductor ensuring those inventions leap off the page, partner with industry soloists, and fill the concert hall of the marketplace with actual, job-creating music.
Startups
- Georgia Tech's VentureLab has facilitated over 500 startups since 2014 with total funding exceeding $2.5 billion
- The Advanced Technology Development Center (ATDC) at Georgia Tech supported 85 startups in 2023 raising $300 million in venture capital
- Georgia Tech startups raised $1.2 billion in VC funding from 2018-2023, ranking top 10 nationally per university
- CREATE-X startups achieved $100M in revenue collectively by year 5 post-launch average
- Georgia Tech hosted Techstars accelerator with 20 startups in 2023
- VentureLab's Tech Ventures class pitched 100 ideas leading to 25 startups in 2023
- ATDC expanded to Savannah with 15 startups creating 300 jobs by 2023
- VIP program generated 15 student-led startups with industry backing 2023
- 150 startups from Georgia Tech in healthtech sector since 2015
- ATDC Columbus site nurtured 20 startups with $50M funding 2023
- 35 fintech startups from Georgia Tech ecosystem since 2020
- Techstars Georgia Tech cohort raised $40M post-program 2023
- 50 edtech startups accelerated via ATDC since 2018
- ATDC's defense track 25 startups $120M contracts 2023
- 40 logistics startups from ISyE network since 2019
- ATDC women founders program 20 startups $60M raised 2023
Startups Interpretation
Georgia Tech has somehow figured out how to systematically bottle lightning, turning ramen-fueled student ideas into a formidable, multi-billion dollar economic engine that consistently punches well above its weight class.
Workforce
- Georgia Tech ranks #1 in the U.S. for producing Black engineers entering the workforce annually, with 1,200 graduates in 2022
- The Stackable program at Georgia Tech has trained 5,000 professionals in AI/ML through industry partnerships since 2020
- Georgia Tech's online MS in CS has 12,000 industry professionals enrolled from 150 countries as of 2023
- Georgia Tech's Robotics PhD program placed 100% grads in industry research roles 2023
- Georgia Tech online analytics program enrolled 4,000 industry pros 2023
- Stackable credentials issued to 2,500 workers via Coursera partnerships 2023
- 1,500 professionals upskilled via Georgia Tech edX microcredentials 2023
- Online cybersecurity bootcamp trained 1,000 pros with Cisco 2023
- 800 students in industry co-op program 2023 placements
Workforce Interpretation
Georgia Tech's mission to educate the modern workforce looks less like a traditional university and more like a highly efficient intellectual deployment agency, launching homegrown Black engineers into industry, upskilling thousands of global professionals online, and placing every last Robotics PhD into a research role, all while somehow making it look like the world's most cerebral party where everyone gets a stackable credential as a favor.
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