A few years ago, Alan Taetle, of Noro-Moseley Partners, was interviewed about why you should start a company in Atlanta, and said:
Any startup community needs three great things. It needs leadership. It needs world class universities where intellectual property is being developed, and then it needs a ready and able workforce. Atlanta has all three of those things
For Health Technology in particular, Atlanta has tremendous assets. It has an excellent and growing set of health related technology companies, and has all kinds of infrastructure (great hospital/health systems, the CDC, a world class research hospital at Emory, great technical resources coming out of Georgia Tech, a number of large companies in the space like McKesson, and improving access to capital).
“The Health IT industry in Georgia already leads the nation with more than 200 companies and more than $4 billion in annual reported revenue and 15,000 employees. The bioscience industry is also firmly rooted in the state, with more than 100,000 jobs and an annual economic impact of $23 billion.”
All of this makes for an awesome environment to be growing a health tech startup here. And now Atlanta is getting even more, with the announcement of a life-sciences focused investment firm (preview only for non-subscribers), Medtown Ventures. It is an extremely exciting time to be part of that ecosystem.
What do you think about Atlanta as a Health Tech Hub?