Roughly 275. That’s how many jobs the company Stord has brought to the state of Georgia since it opened its doors in 2016. The startup was one of the first to go through Georgia Tech’s CREATE-X incubator, offering cloud-based software that has since revolutionized the supply chain sector. And as the company continues to grow, it has no plans to leave Atlanta.
“One of the best things we’ve done to give back to Georgia is the way Stord has accelerated the overall technology ecosystem, mostly as it pertains to venture, and beyond that, just bringing more capital to the market,” said Sean Henry, CEO and co-founder of Stord.
It’s not just Stord that’s giving back to the state. Georgia Tech’s economic impact on the state of Georgia was $4 billion in fiscal year 2020, according to data recently released by the University System of Georgia.
Companies like SalesLoft, Greenlight, and Pindrop all graduated from Georgia Tech’s Advanced Technology Development Center (ATDC) — the state’s oldest technology incubator — and have stayed headquartered in Atlanta, infusing millions in capital and thousands of jobs into the state economy. Other startup programs on campus include VentureLab, ENGAGE, and the Global Center for Medical Innovation, to name a few, helping students and faculty set up companies based on creative ideas and technological innovation.
Continue reading at: Georgia Tech News Center
