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Georgia Research Alliance outlines research-to-startup model, highlights MapHabit's clinical and economic impact
Summary
At a Small Business Development committee session, the Georgia Research Alliance described its 'seed-to-tree' strategy to turn university research into Georgia-based startups, citing $16 billion in reported direct impact and a MapHabit case study backed by about $11 million in NIH funding.
Tim Denning, representing the Georgia Research Alliance, told the Small Business Development committee the alliance’s role is to convert university discoveries into startups and jobs across sectors.
Denning described a ‘seed-to-tree’ approach that recruits top researchers as GRA eminent scholars, funds research infrastructure, and supports commercialization with milestone-driven translational grants and favorable loans. “And the rate of return is approximately 22 to 1, which is, pretty much better than you can get on anything in the market,” he said, summarizing GRA’s financial impact.
The presentation said GRA uses a…
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