Companies launched out of Georgia's universities with early-stage investment from GRA Ventures reached a major milestone in March: A collective total of $1 billion in additional equity investment from venture capital firms and other investors.
Created in 2002, GRA Ventures helps the universities identify inventions and discoveries that have promise in the marketplace. The program then provides grants ranging from $150,000 to $200,000 — and for some projects reaching the company stage, an additional $250,000 loan.
