<nodes> <node id="691073">  <title><![CDATA[Data Centers Are Booming. Who Benefits?]]></title>  <uid>36730</uid>  <body><![CDATA[<p>Artificial intelligence is reshaping how businesses operate and driving a historic surge in data center construction across the United States. These sprawling facilities, sometimes spanning more than 1,000 acres, represent one of the largest waves of capital investment in American history.<br>&nbsp;</p><p>For communities across the country, this growth hits close to home, and not without controversy. What do data centers actually deliver for the local economies that host them?<br>&nbsp;</p><p><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6497238">New research</a>&nbsp;from&nbsp;<a href="https://www.scheller.gatech.edu/directory/faculty/yue/index.html?_gl=1*22ff1a*_up*MQ..*_ga*NjU1MDU4NDM5LjE3ODM2MTc4Nzg.*_ga_8XJDVR2ZKP*czE3ODM2MTc4NzckbzEkZzEkdDE3ODM2MTc4ODEkajU2JGwwJGgxNzkwMjU1NjAy">Daniel Yue</a>, assistant professor of Information Technology Management at Georgia Tech’s Scheller College of Business, and his co-author,&nbsp;<a href="https://www.scheller.gatech.edu/directory/faculty/zeng/index.html?_gl=1*1771i5w*_up*MQ..*_ga*MTM1MDIxNjE3NC4xNzgzNjE4MTk5*_ga_8XJDVR2ZKP*czE3ODM2MTgxOTkkbzEkZzAkdDE3ODM2MTgxOTkkajYwJGwwJGgxMTY0MTA2MjA4">Yiyang Zeng</a>, examines how data center openings affect local jobs, wages, business activity, and electricity prices. Their findings suggest that geography plays a decisive role in whether communities see meaningful economic gains.<br>&nbsp;</p><p>“Enormous amounts of capital are flowing into specific communities, much of it tied to new construction, while rigorous evidence on the local benefits of these facilities has been thin,” said Yue. “Community pushback has organized rapidly across the country. Our paper begins to fill that gap by providing new evidence using detailed, facility-level data paired with county-level economic indicators.”</p><p><strong>A Historic Investment Wave</strong></p><p>There are more than 2,500 data centers, either active or under construction, across the United States. Individual hyperscale facilities often cost more than $1 billion to construct and can consume as much electricity as a small city. Is it all worth it?</p><p>On average, Yue and Zeng found that when a data center opens, the host county sees a measurable lift: Employment rises by about 3.5%, wages by 5%, business establishments by nearly 5%, and household income by about 2%. Building permits also increase sharply, reflecting construction activity tied to new facilities.</p><p>These are real, economically meaningful gains. But Yue and Zeng discovered that these gains are much smaller than what might be expected from a large investment. And they’re not evenly distributed.</p><p><strong>Why Metro Areas Benefit More</strong></p><p>The researchers’ clearest finding is that metropolitan areas capture most of the economic benefits from data centers, while rural areas see far fewer spillover effects. While metro counties saw increases in employment and new business growth, non-metro counties saw no measurable gains.</p><p>The reason comes down to what economists call “agglomeration,” or economic density.</p><p>Data centers don’t operate in isolation. They rely on construction contractors, engineers, equipment suppliers, professional services, and a skilled workforce. Those connections are far easier to build in places that already have deep labor markets and established business networks.</p><p>Metropolitan areas are well-positioned to absorb the indirect spending that data centers generate. High-wage technical employees support restaurants, retail, and local services. Suppliers and contractors can scale up quickly. These spillover effects amplify the impact of the initial investment.</p><p>In rural areas, that amplification is much harder to achieve. Facilities tend to employ relatively few permanent workers — often fewer than 100 — and many specialized services are imported from outside the county. As a result, the broader economic ripple never materializes.</p><p>That doesn’t mean rural communities see no benefit at all. The research finds a small but real drop in unemployment rates in non-metro counties, and local governments may still gain tax revenue or infrastructure investments. But the sweeping job and wage growth often promised during local recruitment efforts will not likely arrive on its own.</p><p>“Location, not facility size, determines whether the local benefits show up,” Yue said.</p><p><strong>The Hidden Cost: Electricity Prices</strong></p><p>Yue and Zeng’s research also uncovers an important trade-off. Data centers use a lot of electricity. A single large facility can use as much power as roughly 80,000 homes. In areas where the researchers can cleanly measure price effects, electricity prices rise by about 5% after a data center enters.</p><p>“When the benefits to communities are small, even downsides like higher electricity prices that strain infrastructure will be felt by locals,” Yue shared.</p><p>Who pays for the increased cost of electricity isn’t straightforward. Yue and Zeng’s research suggests communities should ask specific questions about who pays for new infrastructure and how those costs will be distributed. Local utility companies divide costs differently among homeowners, businesses, and large industrial users, including data centers. Because cost-sharing systems vary by state, each data center development is unique.</p><p><strong>What Communities Should Consider</strong></p><p>As states and cities work to attract or push back against data center construction, Yue and Zeng hope their research will encourage more evidence-based decision-making.</p><p>For metro areas with strong labor markets and dense business ecosystems, data centers can deliver meaningful, though not transformative, economic gains. For rural communities, the positive impact is more complicated.</p><p>“In 10 years, communities will likely wish they had pressed harder on the quality of the decision itself, including whether the debate was evidence-based, whether their local economy was equipped to capture the gains, and whether the fine print aligned with residents' long-term interests,” Yue said. “It’s vital that communities look past flashy, headline incentive packages and focus on the details: tax abatement structures, electricity tariff arrangements, and who ultimately pays for infrastructure upgrades.”</p><p>As data centers continue to dot the American landscape, understanding where they create shared value — and where they don’t — will be critical for community leaders and policymakers alike.<br>&nbsp;<br><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6497238">Read More: The Local Economic Effects of Data Center Entry</a></p>]]></body>  <author>klowe36</author>  <status>1</status>  <created>1783617959</created>  <gmt_created>2026-07-09 17:25:59</gmt_created>  <changed>1784122067</changed>  <gmt_changed>2026-07-15 13:27:47</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Data centers continue to expand across the U.S. Do the communities nearby really benefit?]]></teaser>  <type>news</type>  <sentence><![CDATA[Data centers continue to expand across the U.S. Do the communities nearby really benefit?]]></sentence>  <summary><![CDATA[<p>As data centers expand across the U.S., new research by Daniel Yue, assistant professor of IT management, and his co-author, Yiyang Zeng, reveals that their economic benefits are real but uneven, shaped largely by local economic conditions and geography.</p>]]></summary>  <dateline>2026-07-09T00:00:00-04:00</dateline>  <iso_dateline>2026-07-09T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-07-09 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[kristin.lowe@scheller.gatech.edu]]></email>  <location></location>  <contact><![CDATA[]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>680584</item>      </media>  <hg_media>          <item>          <nid>680584</nid>          <type>image</type>          <title><![CDATA[The economic impact of data centers]]></title>          <body><![CDATA[<p>Lead story image for Scheller News story "Data Centers Are Booming. Who Benefits?" A hazy photo of an electronic board, possibly an internal image of a data center.</p>]]></body>                      <image_name><![CDATA[data-center.jpg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/07/09/data-center.jpg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/07/09/data-center.jpg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/07/09/data-center.jpg?itok=fW7DG8pe]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[A hazy photo of an electronic board, possibly an internal image of a data center.]]></image_alt>                    <created>1783617674</created>          <gmt_created>2026-07-09 17:21:14</gmt_created>          <changed>1783617834</changed>          <gmt_changed>2026-07-09 17:23:54</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://www.scheller.gatech.edu/news/2026/data-centers-are-booming-who-benefits.html?_gl=1*3nsm4t*_up*MQ..*_ga*NjU1MDU4NDM5LjE3ODM2MTc4Nzg.*_ga_8XJDVR2ZKP*czE3ODM2MTc4NzckbzEkZzEkdDE3ODM2MTc4ODAkajU3JGwwJGgxNzkwMjU1NjAy]]></url>        <title><![CDATA[Read More]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="194606"><![CDATA[Artificial Intelligence]]></category>          <category tid="139"><![CDATA[Business]]></category>          <category tid="135"><![CDATA[Research]]></category>      </categories>  <news_terms>          <term tid="194606"><![CDATA[Artificial Intelligence]]></term>          <term tid="139"><![CDATA[Business]]></term>          <term tid="135"><![CDATA[Research]]></term>      </news_terms>  <keywords>          <keyword tid="168537"><![CDATA[Data Center]]></keyword>          <keyword tid="110561"><![CDATA[data centers]]></keyword>          <keyword tid="336"><![CDATA[information technology]]></keyword>          <keyword tid="602"><![CDATA[economics]]></keyword>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>      </keywords>  <core_research_areas>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="690069">  <title><![CDATA[Inside CREATE‑X Startup Lab: A Foundation for Entrepreneurial Thinking]]></title>  <uid>36436</uid>  <body><![CDATA[<p>You don’t need an idea to begin. You don’t need a co‑founder, a pitch deck, or a perfect plan. What you need is curiosity, a willingness to talk to real people, and a place where it’s safe to learn by doing. That’s exactly what CREATE‑X Startup Lab delivers.</p><p>Omar Garcia Urdiales, CREATE‑X’s associate director of Learn, brings a global entrepreneurial experience to Georgia Tech: founder and CEO of a startup operating in the AWS Accelerator Loft, longtime startup coach in Europe’s major innovation hubs, lecturer across multiple universities, and an external doctoral researcher in entrepreneurship and digitalization. He brings this background to his teaching of Startup Lab’s latest iteration – a significant redesign developed by VentureLab’s Director Keith McGreggor. McGreggor created the course and has evolved it over many years, building on its initial success. &nbsp;</p><p>“This new iteration of Startup Lab allows us to meet students exactly where they are,” said McGreggor. “By doing this, we give them the strongest foundation possible, providing them with the tools to grapple with uncertainty and build their confidence.”&nbsp;</p><p>Startup Lab has long anchored the Institute’s entrepreneurial pathway with clearer structure, a unified language, and a deeper focus on reflective growth, so more Georgia Tech students can discover (and trust) their own entrepreneurial judgment.</p><p>Startup Lab is expanding responsibly, with six sections in Atlanta and additional global sections in France and Asia-Pacific taught by faculty trained in the curriculum. Students here benefit from a program that’s learning across borders and bringing that learning back to campus.</p><p>“Startup Lab is not about becoming an entrepreneur, but about engaging in the unknown and adopting entrepreneurial behavior, which can be applied to all career paths,” Urdiales said. “Students become better equipped to identify problem spaces and solve them through evidence-based building.”&nbsp;</p><h2>Start Where You Are</h2><p>Urdiales emphasized that Startup Lab is built for students who are still exploring, uncertain, or are simply curious.</p><p>“Many students tell us they’re curious about entrepreneurship but feel not ready,” he said. “They worry they’re too introverted for customer interviews or assume Startup Lab is only for people with fully formed ideas. In fact, those are the most common misconceptions.”</p><p>The course’s first few weeks focus on training students to see struggles and patterns in the world. Then, they apply those skills on a team, exploring, designing, and testing a concept with real people. The nonnegotiable outcome isn’t the best idea; it’s a more confident, evidence-driven version of you.&nbsp;</p><p>“Startup Lab is strengthening that self-awareness. All of us who are entrepreneurs, we don’t grow linearly. We have various iterations of how we see things,”<strong>&nbsp;</strong>Urdiales said. “This ability to see patterns or to see problems with customer discovery, it’s a learning process and a growth process.”&nbsp;</p><h2>Building Muscle Memory</h2><p>Urdiales said that students won’t have a passive experience in the lab.</p><p>“To become an entrepreneur, you need to do it. You need to engage with customers. You need to get out of the building,” he said. “It gives you the ability to incorporate theoretical frameworks into practical solutions and then understand these more practical outcomes.”</p><p>Aligning with CREATE-X’s culture of continuous iteration, Startup Lab is tightening the hands-on core of the course around four simple, repeatable tools so that entrepreneurial thinking becomes muscle memory, not a one-off assignment. The new iteration of the curriculum, developed by McGreggor, helps students learn to:&nbsp;</p><ul><li><strong>Elicit grounded problem stories</strong> from real people (and separate observations from interpretations).</li><li><strong>Make explicit strategic decisions&nbsp;</strong>— who you serve, what you offer, how you deliver, how you get paid — and back them with discovery evidence.</li><li><strong>Externalize your logic</strong> with clear Business Model Canvas snapshots (hypotheses ≠ decisions ≠ open questions).</li><li><strong>Design minimum viable experiments (MVEs)</strong> that can <em>falsify</em> assumptions, not just confirm them.&nbsp;</li></ul><p>“What we have is a frontier model in entrepreneurial education,” said McGreggor. “The result is a course that teaches sound decision making and builds entrepreneurial confidence that rewards authentic discovery and iteration over performative polish. It creates a more solid foundation for entrepreneurial thinking and sets students up to engage more deeply with everything that follows in their CREATE-X pathway.”&nbsp;</p><h2>Reflection as a Feature</h2><p>As a part of Startup Lab, instructors integrate reflection throughout the semester, which helps students notice patterns of work, make small experiments, and adjust based on what’s learned. Students often worry they’re not the founder type or that their introversion will hold them back; Startup Lab reframes those worries as raw material for growth, including communication skill building and one-on-one interactions you won’t always get in higher-level courses.&nbsp;</p><p>Startup Lab integrates HaradaLite — McGreggor's adaptation of the Japanese Harada Method — as a weekly reflection practice in which students keep a reflection log, helping them notice patterns of work, run small experiments, and adjust based on what's learned. With this approach, educators are able to measure the growth of entrepreneurial confidence by self-report, leading to a more quantitative approach to teaching.</p><h2>A Common Language Across CREATE‑X</h2><p>There’s no mandated order for CREATE-X courses. Startup Lab simply makes the next steps clearer by providing a shared language and milestone structure across sections and instructors, so whatever comes next (I2P, Capstone, Launch, or an internship), you can carry forward a coherent, evidence- aware story of your work.&nbsp;</p><p>“All CREATE‑X Learn sections will work with the same milestone objectives,” Urdiales said. “Students trained in Startup Lab are already trained in the muscles of entrepreneurship. They’re more equipped to go into Make and Launch or be a leader within their industry.”</p><h2>Built To Be Inclusive Across Disciplines and Needs</h2><p>Startup Lab is about becoming the kind of person who can see opportunities, reason from evidence, and make better decisions when the path isn’t obvious.&nbsp;</p><ul><li><strong>You do not need an idea or a pre‑built team&nbsp;</strong>— curiosity is enough.</li><li><strong>You do not need special permits to enroll</strong>. Startup Lab is open to anyone ready to explore.</li><li><strong>You can benefit from the course before </strong><em><strong>or</strong></em><strong> after I2P or Capstone</strong>, since there’s no fixed order to the CREATE‑X pathway.</li><li><strong>Introverts are welcome</strong>. The course intentionally builds communication skills through structured, low-pressure interviews and guided interaction.&nbsp;</li></ul><p>“Startup Lab helps students see the world’s problems and fill the gaps with fresh ideas, teaching them to see and understand the important difference between evidence and inference,” said McGreggor. “This lays the foundation that leads to good founders, and builds the entrepreneurial confidence needed to succeed.”</p><h2>What You’ll Actually Do&nbsp;</h2><p>Students in Startup Lab can expect a workshop-heavy, conversation-rich semester with weekly artifacts, scenario-based decision prompts, startup reports, and quizzes that keep you honest about what you’re learning. You’ll assemble a Continuity Pack near the end: a compact bundle of your best discovery evidence, decisions, MVEs, economics, and final story slides so your future self (or your I2P/Launch application) can pick up right where you left off.&nbsp;</p><p>The course also sets norms for modern tool use. AI is welcomed as a coach and organizer, after your own baseline thinking and research, and as an enhancement of the real conversations you have. That matters because Startup Lab’s promise is that you build solid judgment under the test of uncertainty, critical to the world of today and the future that is being built.&nbsp;</p><h2>Jump Into Startup Lab</h2><p>You don’t have to have it all figured out. If you’re a first-year student still exploring, a junior craving real-world projects, or a senior looking to stand out in interviews, Startup Lab is for you.&nbsp;</p><p><strong>Seats fill quickly across all sections — and for good reason.</strong><br>This course gives you the clearest, most supportive on‑ramp into CREATE‑X, with a global methodology, a unified curriculum, and instructors who believe deeply in your potential to grow. Learn how to think entrepreneurially. See the world differently. Build the confidence that will follow you long after the semester ends.</p><p><a href="https://create-x.gatech.edu/learn/startup-lab"><strong>Register for Startup Lab for Fall 2026</strong></a><strong>.</strong><br><br>&nbsp;</p>]]></body>  <author>bdurham31</author>  <status>1</status>  <created>1777556344</created>  <gmt_created>2026-04-30 13:39:04</gmt_created>  <changed>1778683774</changed>  <gmt_changed>2026-05-13 14:49:34</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[CREATE‑X Startup Lab helps students build entrepreneurial confidence by learning how to navigate uncertainty, test assumptions, and develop sound judgment.]]></teaser>  <type>news</type>  <sentence><![CDATA[CREATE‑X Startup Lab helps students build entrepreneurial confidence by learning how to navigate uncertainty, test assumptions, and develop sound judgment.]]></sentence>  <summary><![CDATA[<p>CREATE‑X Startup Lab serves as the foundation of Georgia Tech’s entrepreneurial pathway, giving students a structured but low‑pressure environment to explore the unknown and develop entrepreneurial thinking. Recently updated curriculum provides clearer structure, shared language, and hands‑on tools that emphasize real‑world discovery, iteration, and reflection over polished pitches. Students learn by engaging directly with people, testing assumptions through minimum viable experiments, and documenting evidence‑based decisions they can carry into future courses or careers. By welcoming students from all disciplines, experience levels, and personality types, Startup Lab equips learners with confidence and transferable skills that extend far beyond entrepreneurship.</p>]]></summary>  <dateline>2026-04-30T00:00:00-04:00</dateline>  <iso_dateline>2026-04-30T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-04-30 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[breanna.durham@gatech.edu]]></email>  <location></location>  <contact><![CDATA[<p>Breanna Durham&nbsp;</p><p>Marketing Strategist</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>680124</item>      </media>  <hg_media>          <item>          <nid>680124</nid>          <type>image</type>          <title><![CDATA[Omar Garcia]]></title>          <body><![CDATA[<p>Omar Garcia, associate director of CREATE-X Learn, teaches Startup Lab.</p>]]></body>                      <image_name><![CDATA[image--7---1-.jpeg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/04/30/image--7---1-.jpeg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/04/30/image--7---1-.jpeg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/04/30/image--7---1-.jpeg?itok=DX5de7xq]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Omar Garcia gives a lecture in Startup Lab]]></image_alt>                    <created>1777554943</created>          <gmt_created>2026-04-30 13:15:43</gmt_created>          <changed>1777555243</changed>          <gmt_changed>2026-04-30 13:20:43</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://create-x.gatech.edu/learn/startup-lab]]></url>        <title><![CDATA[Register for Startup Lab for Fall 2026.]]></title>      </link>          <link>        <url><![CDATA[https://www.eventbrite.com/e/spring-startup-launch-showcase-tickets-1984784570078?aff=article]]></url>        <title><![CDATA[Register for Startup Launch Showcase]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="583966"><![CDATA[CREATE-X]]></group>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>          <category tid="42911"><![CDATA[Education]]></category>          <category tid="134"><![CDATA[Student and Faculty]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>          <term tid="42911"><![CDATA[Education]]></term>          <term tid="134"><![CDATA[Student and Faculty]]></term>      </news_terms>  <keywords>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="689913">  <title><![CDATA[The Paradox of Familiarity: Karthik Ramachandran Shows How Team Dynamics Shape Product Success]]></title>  <uid>36730</uid>  <body><![CDATA[<p>Pioneering development teams behind innovative products like the Dyson Supersonic hair dryer and SpaceX’s reusable Falcon 9 rocket rely on complex interdisciplinary collaboration among engineers, designers, and project managers. <a href="https://www.scheller.gatech.edu/directory/faculty/ramachandran/index.html?_gl=1*vdwq98*_up*MQ..*_ga*MTQxMjI3NzYwOC4xNzc2Nzg3ODA5*_ga_8XJDVR2ZKP*czE3NzY3ODc4MDgkbzEkZzEkdDE3NzY3ODc4MTkkajQ5JGwwJGgyODY5NjQ4NDM.">Karthik Ramachandran</a>, Dunn Family Professor of Operations Management, knows that breakthrough products often don’t emerge from the solitary efforts of a lone genius. &nbsp;</p><p>In a new research article, “<a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3000522">Help or Hindrance? The Role of Familiarity in Product Development Teams,</a>” Ramachandran and his co-authors <a href="https://sc.edu/study/colleges_schools/moore/directory/tereyagoglu_necati.php">Necati Tereyagoglu</a> and <a href="https://www.linkedin.com/in/muratunalphd/">Murat Unal</a>, show the crucial role familiarity plays in team dynamics.</p><p>“Every creative organization deals with a fundamental tension,” Ramachandran said. “People love working with teammates they know well, but innovation often depends on fresh perspectives.”</p><p>There is a lot to be said about familiarity. Famously, it breeds contempt. Previous studies have shown that repeat collaboration helps teams execute smoothly. But smooth operations don’t always translate to commercial success. Ramachandran’s research shows that it can breed a different kind of trouble — an environment free from friction, debate, and novelty. Those conditions may be comfortable, but they don’t help creativity thrive. Video game development, it turns out, provides the perfect setting for productive tension.</p><p>“Video games require both bold creative ideas and flawless execution,” Ramachandran shared. “They blend art, engineering, storytelling, and software into a single product. We were curious about how familiarity impacts team dynamics within this industry. When does it help and when does it quietly get in the way?”</p><p><a href="https://www.scheller.gatech.edu/news/2026/when-familiarity-hurts-innovation-karthik-ramachandran.html?_gl=1*grzkgs*_up*MQ..*_ga*MTQxMjI3NzYwOC4xNzc2Nzg3ODA5*_ga_8XJDVR2ZKP*czE3NzY3ODc4MDgkbzEkZzEkdDE3NzY3ODc4MTMkajU1JGwwJGgyODY5NjQ4NDM.">Read More</a></p>]]></body>  <author>klowe36</author>  <status>1</status>  <created>1776788206</created>  <gmt_created>2026-04-21 16:16:46</gmt_created>  <changed>1776788691</changed>  <gmt_changed>2026-04-21 16:24:51</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Karthik Ramachandran, Dunn Family Professor of Operations Management, offers a smarter way to design product development teams]]></teaser>  <type>news</type>  <sentence><![CDATA[Karthik Ramachandran, Dunn Family Professor of Operations Management, offers a smarter way to design product development teams]]></sentence>  <summary><![CDATA[<p>Karthik Ramachandran, Dunn Family Professor of Operations Management, offers a smarter way to design product development teams, showing that familiarity can either fuel flawless execution or quietly stifle creativity.</p>]]></summary>  <dateline>2026-04-07T00:00:00-04:00</dateline>  <iso_dateline>2026-04-07T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-04-07 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[kristin.lowe@scheller.gatech.edu]]></email>  <location></location>  <contact><![CDATA[]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>680013</item>      </media>  <hg_media>          <item>          <nid>680013</nid>          <type>image</type>          <title><![CDATA[Karthik Ramachandran]]></title>          <body><![CDATA[<p>Karthik Ramachandran, Dunn Family Professor, Operations Management</p>]]></body>                      <image_name><![CDATA[karthik-ramachandran.jpg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/04/21/karthik-ramachandran.jpg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/04/21/karthik-ramachandran.jpg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/04/21/karthik-ramachandran.jpg?itok=BmcZ7orM]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Karthik Ramachandran smiles in a navy suit coat]]></image_alt>                    <created>1776787973</created>          <gmt_created>2026-04-21 16:12:53</gmt_created>          <changed>1776788107</changed>          <gmt_changed>2026-04-21 16:15:07</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://www.scheller.gatech.edu/news/2026/when-familiarity-hurts-innovation-karthik-ramachandran.html?_gl=1*grzkgs*_up*MQ..*_ga*MTQxMjI3NzYwOC4xNzc2Nzg3ODA5*_ga_8XJDVR2ZKP*czE3NzY3ODc4MDgkbzEkZzEkdDE3NzY3ODc4MTMkajU1JGwwJGgyODY5NjQ4NDM.]]></url>        <title><![CDATA[Read More]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>          <category tid="135"><![CDATA[Research]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>          <term tid="135"><![CDATA[Research]]></term>      </news_terms>  <keywords>          <keyword tid="176908"><![CDATA[Operations Managment]]></keyword>          <keyword tid="43101"><![CDATA[Georgia Tech Scheller College of Business]]></keyword>          <keyword tid="182247"><![CDATA[team dynamics]]></keyword>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>      </keywords>  <core_research_areas>      </core_research_areas>  <news_room_topics>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="689586">  <title><![CDATA[Computing Associate Dean Cultivates Innovation With CREATE-X]]></title>  <uid>36436</uid>  <body><![CDATA[<p>When Olufisayo “Fisayo” Omojokun joined Georgia Tech, his teaching followed a familiar cadence. His courses were highly structured and consistent. Lectures, exams, office hours, and semester breaks were always known months in advance. The goals were clear, the outcomes known, and the educational journey largely mapped. Then, he heard about <a href="https://createx.gatech.edu">CREATE-X</a>.</p><h2>A Spark of Curiosity</h2><p>In 2017, faculty conversations began circulating about a new kind of capstone experience, one driven by student discovery and entrepreneurial thinking rather than predetermined client requirements. The idea intrigued Omojokun.</p><p>“I remember thinking, this is really different from anything I’ve ever taught,” he said.</p><p>In his previous courses, Omojokun took pride in providing the structured, rigorous framework students needed to master complex concepts. While those interactions were dynamic, the curriculum required a specific, focused trajectory. CREATE-X offered a different kind of challenge: the "X" of the program, representing undefined, endless potential.</p><p>“CREATE-X is full of unknowns. You don’t know what industry the students are diving into, what roadblocks they’ll run into and navigate out of, or what small- to large-scale successes they’ll achieve throughout the semester. It really had my blood pumping,” he said. As someone who loves the challenge of academia, it was an invigorating way to help the next generation apply what they’ve learned in a new context.</p><p>Omojokun co-taught the first CREATE-X Capstone section with College of Computing students in fall 2018 alongside Craig Forest, associate director of the Invention Studio. While the initial computer science cohort was small, the experience was immediately powerful.</p><p>“It was humble beginnings but deeply eye-opening,” he said.</p><p>In this new environment, students weren't just solving problems; they were seeking them and sometimes pivoting. Traditional client-driven capstones offer students invaluable experiences in delivering high-quality products, responding to clients’ often evolving needs, and adhering to professional standards. CREATE-X added a layer of venture-validation, requiring students to identify a gap in the market and build something with commercial viability.</p><p>As the semesters continued, CREATE-X grew from a program with an interesting capstone course Omojokun enthusiastically co-taught to a professional inflection point for him. He found himself talking about it frequently, with colleagues, with students, even with prospective undergraduates who may not see a capstone for years.</p><p>He began encouraging prospective and incoming students to take CREATE-X pathways.&nbsp;</p><p>“I would tell students, down to first-year students, when you get that opportunity to engage with CREATE-X, take it. You don’t even have to wait until capstone, as there are multiple pathways; in fact, Startup Lab has no prerequisites. Whatever path you take, you’ll remember it for years to come. Whether you officially take a problem solution to market or not, the entrepreneurial confidence gained is priceless.”</p><h2>Spreading CREATE-X Into the College of Computing</h2><p>By 2020, when the first Jim Pope Faculty Fellowship cohort opened, applying felt natural. He had already become an unofficial ambassador for CREATE-X, helping students navigate options, promoting programs in classes, and rallying colleagues to engage.</p><p>“It was an opportunity to become more connected to this thing that I felt was changing the game on campus,” he said. “It cemented my affiliation with CREATE-X.”</p><p>The fellowship gave name and weight to the work he was already doing, while also expanding what was possible.</p><p>The Jim Pope Faculty Fellowship provides faculty with $15,000 in discretionary funding, which can support a one-semester break from teaching, along with structured training in evidence‑based entrepreneurship, dedicated mentorship, and the opportunity to work closely with students launching startups.</p><p>The fellowship also equips faculty to become entrepreneurial instructors and mentors through the CREATE‑X ecosystem, giving them tools to integrate entrepreneurship into their coursework and curricula. Each cohort of fellows is trained to embed entrepreneurial methods, develop new innovation‑focused assignments, and serve as advisors within programs like Startup Lab, Idea‑to‑Prototype, and Startup Launch.</p><p>For faculty across Georgia Tech, the fellowship offers something rare: institutional backing, resources, and formal recognition for bringing entrepreneurship into their teaching and shaping how students learn to become problem‑solvers.</p><p>Omojokun said he sees CREATE-X as the apex of applying technical fundamentals.&nbsp;</p><p>As part of the fellowship, Omojokun brought the program’s ethos into his courses, even a foundational course like CS 1331: Introduction to Object Oriented Programming, where he created a CREATE-X–branded final project. Students built a “problem database” application as their final homework assignment, cataloging real issues they encountered in daily life, assessing their skills to solve them, evaluating markets and metrics, and then deciding potential pathways forward.</p><p>“It’s an innovation diary,” he said. “A tool that can get them closer to thinking like a founder.”</p><p>The response from students, including many non-computing majors who take his section each semester, has been overwhelmingly positive. While the project is challenging, the open-ended nature and real-world relevance motivate deeper engagement.&nbsp;</p><p>“When students believe their work will solve a meaningful problem for a meaningful population, they bring passion to it,” he said. “They start observing the world differently.”</p><p>The more Omojokun saw, the deeper his enthusiasm grew.</p><h2>Shaping the College of Computing</h2><p>Even as he stepped into the role of inaugural chair of the School of Computing Instruction in 2022, CREATE-X remained at the forefront of Omojokun’s conversations. Interest in the program continued to grow significantly. Students stopped him in the hallways to talk about their ideas. Faculty reached out to ask about mentorship opportunities. And he continued championing the program in the many settings he entered.</p><p>“It turns out that the most engaged group of students in CREATE-X is computing undergraduates,” Omojokun said. “I wanted to make sure that high involvement continued, no matter what size we are,” he said.</p><p>Over time, Omojokun strengthened the partnership between the College of Computing and CREATE-X, weaving entrepreneurship deeper into the College's curricular fabric.</p><p>Last January, Omojokun was appointed as the associate dean for Undergraduate Education in the College of Computing. One of his priorities was highlighting CREATE-X’s curricular impact. In coordination with key stakeholders — including Kelly Ann Fitzpatrick (computing), Craig Forest (mechanical engineering), and Raul Saxena (CREATE-X) — he nominated the program for the ABET Innovation Award. &nbsp;The award honors programs that challenge the status quo in technical education and demonstrate a measurable impact on student learning in ABET-accredited disciplines, such as natural sciences, computing, engineering, and engineering technology. CREATE-X won.</p><h2>The CREATE-X Advantage With Faculty&nbsp;</h2><p>When faculty are considering something like the Jim Pope Fellowship, Omojokun said the biggest barrier he hears about from them is time. With courses that can enroll 300 students per section and extensive responsibilities beyond the classroom, time is a scarce resource.<br>He could relate.&nbsp;</p><p>“There are always lots of things on my physical and virtual desktop. I always warn people before they enter my office,” he said.</p><p>However, Omojokun argued that participating in the fellowship program was time well spent because it helps them rediscover the most exciting parts of teaching.</p><p>“It’s worth the time. One of the goals of teaching is to see students passionate about what they’re learning, and CREATE-X makes that happen consistently,” he said.&nbsp;</p><h2>The Future With Technology</h2><p>As AI reshapes industries, Omojokun believes that CREATE-X equips students to navigate the unknown and forge new paths as existing ones shift, providing a versatile skill set that transfers to employment, potentially self-employment, and beyond.&nbsp;</p><p>“There’s a lot of uncertainty with AI in the workspace, but CREATE-X gives students the confidence and skills to succeed at whatever comes,” he said. “We are putting students through this process of finding a problem that’s meaningful and matters to the world; mastering that allows them to lead in any environment.”</p><h2>Applications Now Open: Become a Jim Pope Faculty Fellow</h2><p>The <a href="https://gatech.co1.qualtrics.com/jfe/form/SV_8cOnwIrm4eKEh9Q">2026 Jim Pope Faculty Fellowship</a> is now accepting applications. For faculty who want to explore integrating entrepreneurship into their teaching, mentoring student founders, and helping shape a culture of innovation across campus, this fellowship offers resources and a supported pathway to begin. Faculty from all disciplines are encouraged to <a href="https://gatech.co1.qualtrics.com/jfe/form/SV_8cOnwIrm4eKEh9Q">apply to the Jim Pope Fellowship</a>. Priority deadline: July 1; final deadline: Aug. 11.</p>]]></body>  <author>bdurham31</author>  <status>1</status>  <created>1775742391</created>  <gmt_created>2026-04-09 13:46:31</gmt_created>  <changed>1776442917</changed>  <gmt_changed>2026-04-17 16:21:57</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Olufisayo “Fisayo” Omojokun, Georgia Tech associate dean in the College of Computing, found new energy in teaching through CREATE‑X, where open‑ended entrepreneurship equips students to confidently navigate uncertainty and solve real‑world problems.]]></teaser>  <type>news</type>  <sentence><![CDATA[Olufisayo “Fisayo” Omojokun, Georgia Tech associate dean in the College of Computing, found new energy in teaching through CREATE‑X, where open‑ended entrepreneurship equips students to confidently navigate uncertainty and solve real‑world problems.]]></sentence>  <summary><![CDATA[<p>When Olufisayo “Fisayo” Omojokun first encountered CREATE‑X, it challenged the highly structured teaching model he was accustomed to by centering learning around uncertainty, discovery, and entrepreneurial problem‑finding. As a faculty member, Jim Pope Faculty Fellow, and now associate dean in the College of Computing, he has championed CREATE‑X as a powerful way to help students apply technical fundamentals in unpredictable, real‑world contexts. Through initiatives like CREATE‑X–inspired course projects and cross‑college partnerships, Omojokun has helped embed entrepreneurship more deeply into computing education at Georgia Tech. He believes programs like CREATE‑X are essential in preparing students to adapt, lead, and innovate in a future increasingly shaped by emerging technologies such as AI.</p>]]></summary>  <dateline>2026-04-09T00:00:00-04:00</dateline>  <iso_dateline>2026-04-09T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-04-09 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[]]></email>  <location></location>  <contact><![CDATA[<p><a href="mailto:breanna.durham@gatech.edu">Breanna Durham</a><br>Marketing Strategist<br>Georgia Tech</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679902</item>      </media>  <hg_media>          <item>          <nid>679902</nid>          <type>image</type>          <title><![CDATA[ Olufisayo “Fisayo” Omojokun Associate Dean ]]></title>          <body><![CDATA[<div>Olufisayo “Fisayo” Omojokun, associate dean in Georgia Tech’s College of Computing</div>]]></body>                      <image_name><![CDATA[FisayoCloseUp-23-.png]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/04/09/FisayoCloseUp-23-.png]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/04/09/FisayoCloseUp-23-.png]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/04/09/FisayoCloseUp-23-.png?itok=cT-oeAMr]]></image_740>            <image_mime>image/png</image_mime>            <image_alt><![CDATA[ Olufisayo “Fisayo” Omojokun, associate dean in Georgia Tech’s College of Computing]]></image_alt>                    <created>1775741406</created>          <gmt_created>2026-04-09 13:30:06</gmt_created>          <changed>1775742590</changed>          <gmt_changed>2026-04-09 13:49:50</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://gatech.co1.qualtrics.com/jfe/form/SV_8cOnwIrm4eKEh9Q]]></url>        <title><![CDATA[2026 Jim Pope Faculty Fellowship ]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="583966"><![CDATA[CREATE-X]]></group>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>          <category tid="42911"><![CDATA[Education]]></category>          <category tid="134"><![CDATA[Student and Faculty]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>          <term tid="42911"><![CDATA[Education]]></term>          <term tid="134"><![CDATA[Student and Faculty]]></term>      </news_terms>  <keywords>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="689585">  <title><![CDATA[CREATE-X Startup Brings Digital Access to the Unbanked]]></title>  <uid>36436</uid>  <body><![CDATA[<p>When Victor Espinosa was an undergraduate student in Bogotá, he kept running into the same problem every time he tried to order books or basic items online: He didn’t have a credit card. Instead, he had to give cash to someone who had a credit card and ask them to purchase for him. This wasn’t strange in Colombia.&nbsp;</p><p><br>“It was frustrating, but it showed me how many people were being left out of the digital world,” Espinosa said. “In Colombia, only about two out of 10 people have a credit card. Cash is the main form of payment, but everything online requires digital access.”</p><p><br>That gap sparked the idea that would evolve into Loto Punto, a fintech startup building self-service kiosks to bridge the physical and digital worlds for unbanked communities.&nbsp;</p><h2><br>From a Single Problem to a Scalable Platform</h2><p><br>Espinosa began his startup as an online platform for buying lottery tickets. He saw that customers didn’t trust the idea of a digital receipt because they were used to a printout, so he pivoted to a kiosk similar to the ones in U.S. grocery stores. Customers could walk up, insert cash, and print a lottery ticket instantly.&nbsp;<br>“It worked, but it had a ceiling,” Espinosa said. “It only served people buying lottery tickets. We knew it wouldn’t scale.”</p><p><br>To address this, he expanded the kiosks to handle mobile phone top-ups, bill payments, and basic banking services. Then, in 2024, the company incorporated advanced technologies such as biometric recognition and blockchain. Stellar Blockchain, first a partner, later became an investor of the startup, which helped Loto Punto to enable low-cost, real-time digital transactions and remittances.&nbsp;</p><p><br>Now, users can convert physical cash into digital value or withdraw cash from digital wallets through a single machine.</p><h2><br>A Global Solo Founder</h2><p><br>Espinosa is the sole founder of Loto Punto, supported now by a 10‑person team of highly specialized engineers, designers, and manufacturing experts. He is currently pursuing his master’s degree in computer science at Georgia Tech while leading the company through its next chapter as part of the CREATE-X Startup Launch Spring 2026 cohort.&nbsp;</p><h2><br>Finding CREATE-X and Finding a Community</h2><p><br>Espinosa learned about CREATE-X during his first semester at Georgia Tech. In 2024, CREATE-X widened its Startup Launch program to include a spring cohort to give founders, particularly graduating seniors, another chance to go all-in on developing their startup.</p><p><br>Espinosa admits he didn’t expect much when he first learned about the program.</p><p><br>“I didn’t know universities had programs like this. In Colombia, we don’t have accelerators embedded inside universities with venture support and dedicated staff,” he said. “So, I assumed CREATE X would be small, maybe one office helping a few students.”</p><h2><br>What Espinosa found was different.</h2><p><br>“They’re leveraging every resource that Georgia Tech offers. They can help with any challenge by tapping the doors of the network they already have established,“ he said. “It’s an ecosystem.”</p><p><br>As a part of the Startup Launch program, CREATE-X brings in founders from its ecosystem to speak to participants and give them actionable insights — founders who have raised funds, been acquired, and have had other successes as entrepreneurs.&nbsp;</p><p><br>“That’s different,” Espinosa said. “They’ve brought successful founders who have walked the talk. It’s different to interact with somebody who was already successful in doing what you’re doing.”</p><h2><br>Testing, Measuring, and Learning Through Startup Launch</h2><p><br>Even as a remote participant, Espinosa has connected well with his mentor, who meets with him weekly, and his mini-batch. During the program, startup teams are grouped together. They share their strategies, successes, and struggles as they develop throughout the program. Teams have weekly sprints where they focus on one or two activities and then measure those activities, which Espinosa said is helpful for maintaining focus and actually executing on ideas.</p><p><br>“If you, as an entrepreneur, start thinking of the whole world of activities that you must do to get somewhere with your startup, you won’t start,” he said. “By creating attainable goals, step by step, that’s how it compounds to reach bigger goals. But, you have to begin with something.”<br>Teams are also encouraged to take calculated risks.</p><p><br>“CREATE-X gives us a safe environment to test ideas,” Espinosa said. “As an entrepreneur, it’s a lonely road, but having someone who has been in your shoes before, it makes you brave to try things.”</p><p><br>One of the first major tests he shared with the cohort was an ad campaign timed around the Super Bowl. In Startup Launch, Espinosa learned how to structure the experiment: defining KPIs, iterating audiences, and evaluating performance compared to industry benchmarks.</p><p><br>“We got around 45,000 views and above-average click-through rates,” he said. “But the biggest lesson was that brand awareness alone can’t be our only marketing strategy.”</p><p><br>Espinosa said his mentor helped open doors for him and kept him accountable, and the program itself kept him from being overwhelmed by all that a founder has to do.</p><p><br>“In Startup Launch, you see how different approaches fit different phases,” he said. “They’re creating a path to grow and execute on your goals as a founder.”</p><h2><br>Why Now Is the Easiest Time to Build</h2><p><br>Espinosa also emphasized that the tools to build and test ideas have never been more accessible.</p><p><br>“When I started, we didn’t have AI. You had to do everything by hand. It was harder, and it took more resources,” he said. “Right now, it’s a matter of prompting. In one hour, you can file for a grant. Before, it took at least a week to get your documents together.”</p><p><br>He said the ability to test quickly and learn has also become inexpensive.</p><p><br>“You don’t need millions of dollars to do this,” Espinosa said. “It's very cheap to fail, right? If that doesn't work, you can just try again in the morning.”</p><p><br>Above all, Espinosa encouraged budding founders to take advantage of the opportunities around them.</p><p><br>“As a founder, you must tap every door that you have available to you. You have to explore different paths,” he said. “Some of those are networking, some are physical space, some are interest. Get your hands on every single resource that comes your way.”</p><h2><br>Looking Ahead: The Future of Payments</h2><p><br>As he thinks about where the finance world is going, Espinosa said the payments industry is rapidly converging toward blockchain, stablecoins, and faster, frictionless user experiences.</p><p><br>“We’re seeing a lot of movement around stablecoins. We’re seeing resource flow from one country to another. We believe things are converging to leverage blockchain and driving down the cost of moving money,“ he said. “That’s how we see the future of our industry.”</p><h2><br>Meet Loto Punto and the Spring Cohort at Startup Launch Showcase</h2><p><br>Espinosa will travel to Atlanta for the first time in May to present Loto Punto at the <a href="https://www.eventbrite.com/e/spring-startup-launch-showcase-tickets-1984784570078?aff=article">CREATE-X Spring Startup Launch Showcase</a>, where the public can meet founders and see their ventures firsthand. The event will be held in The Biltmore Ballrooms on Thursday, May 21, from 5 to 7 p.m.</p><p><br>The showcase will feature dozens of startups built by Georgia Tech students and alumni. Tickets are free but limited. <a href="https://www.eventbrite.com/e/spring-startup-launch-showcase-tickets-1984784570078?aff=article">Register for the showcase</a> today to grab your spot.<br>&nbsp;</p>]]></body>  <author>bdurham31</author>  <status>1</status>  <created>1775741191</created>  <gmt_created>2026-04-09 13:26:31</gmt_created>  <changed>1775741359</changed>  <gmt_changed>2026-04-09 13:29:19</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Georgia Tech master’s student Victor Espinosa is building Loto Punto, a fintech startup using self‑service kiosks to help unbanked communities convert cash into digital financial access through the CREATE‑X Startup Launch program.]]></teaser>  <type>news</type>  <sentence><![CDATA[Georgia Tech master’s student Victor Espinosa is building Loto Punto, a fintech startup using self‑service kiosks to help unbanked communities convert cash into digital financial access through the CREATE‑X Startup Launch program.]]></sentence>  <summary><![CDATA[<p>After experiencing firsthand how limited access to credit cards excluded millions from the digital economy, Victor Espinosa set out to bridge that gap by founding Loto Punto. The fintech startup uses self‑service kiosks that allow users to convert physical cash into digital transactions, expanding access to essential services like bill payments, mobile top‑ups, and remittances. As a solo founder in the CREATE‑X Startup Launch Spring 2026 cohort, Espinosa refined his venture through structured experimentation, mentorship, and weekly execution sprints. He credits CREATE‑X with providing both the accountability and community needed to test ideas safely and scale solutions for real‑world impact.</p>]]></summary>  <dateline>2026-04-09T00:00:00-04:00</dateline>  <iso_dateline>2026-04-09T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-04-09 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[breanna.durham@gatech.edu]]></email>  <location></location>  <contact><![CDATA[<p><strong>Breanna Durham</strong></p><p>Marketing Strategist</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679901</item>      </media>  <hg_media>          <item>          <nid>679901</nid>          <type>image</type>          <title><![CDATA[Victor Espinosa Founder of Loto Punto]]></title>          <body><![CDATA[<p>Victor Espinosa, Founder of Loto Punto, stands in front of his product, pitching it on Columbia's Shark Tank</p>]]></body>                      <image_name><![CDATA[STCOL_S5_EP16_12_TW.png]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/04/09/STCOL_S5_EP16_12_TW.png]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/04/09/STCOL_S5_EP16_12_TW.png]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/04/09/STCOL_S5_EP16_12_TW.png?itok=uRgZ68CX]]></image_740>            <image_mime>image/png</image_mime>            <image_alt><![CDATA[Victor Espinosa, Founder of Loto Punto, stands in front of his product, pitching it on Columbia's Shark Tank]]></image_alt>                    <created>1775740749</created>          <gmt_created>2026-04-09 13:19:09</gmt_created>          <changed>1775740994</changed>          <gmt_changed>2026-04-09 13:23:14</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://www.eventbrite.com/e/spring-startup-launch-showcase-tickets-1984784570078?aff=article]]></url>        <title><![CDATA[Register for Spring 2026 Startup Launch Showcase]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="583966"><![CDATA[CREATE-X]]></group>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>      </news_terms>  <keywords>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="689114">  <title><![CDATA[ATDC Startups Secure Rare  FDA ‘Breakthrough Device’ Status ]]></title>  <uid>28137</uid>  <body><![CDATA[<p>It’s&nbsp;uncommon&nbsp;for any startup to receive the Food and&nbsp;Drug&nbsp;Administration’s (FDA) Breakthrough Devices designation.&nbsp;For the&nbsp;roughly 40%&nbsp;of applicants who receive the designation, it&nbsp;shows that&nbsp;the technology has real potential to improve patient outcomes and should get priority attention from the agency.&nbsp;</p><p>The&nbsp;<a href="https://atdc.org/" target="_blank">Advanced Technology Development Center</a>&nbsp;(ATDC)&nbsp;in Georgia Tech’s&nbsp;<a href="https://commercialization.gatech.edu/" target="_blank">Office of Commercialization&nbsp;</a>announced two of its&nbsp;health technology&nbsp;(HealthTech) portfolio&nbsp;companies,&nbsp;<a href="https://nephrodite.com/" target="_blank">Nephrodite</a>&nbsp;and&nbsp;<a href="https://www.orthopreserve.com/" target="_blank">OrthoPreserve</a>, earned&nbsp;the designation.&nbsp;</p><p>Achieving this rare milestone&nbsp;underscores&nbsp;the caliber of founders, science, and support in ATDC’s&nbsp;30-company&nbsp;HealthTech&nbsp;portfolio, the incubator’s largest focus&nbsp;area.&nbsp;It’s&nbsp;also a&nbsp;win for&nbsp;Georgia&nbsp;because it&nbsp;reflects&nbsp;the strength of the state’s&nbsp;health&nbsp;innovation&nbsp;ecosystem.&nbsp;</p><p>“This designation is one of the strongest signals the FDA gives that&nbsp;a technology&nbsp;could change the&nbsp;standard of care,” said&nbsp;Greg Jungles, HealthTech catalyst at&nbsp;ATDC.&nbsp;“For ATDC to&nbsp;have two in the same year is remarkable.”&nbsp;</p><p>The Breakthrough Device Program&nbsp;doesn’t&nbsp;waive evidence requirements, but it accelerates learning with the FDA, ATDC’s Jungles said. “That means shorter response times, more frequent meetings, and prioritized review. Teams avoid dead ends and align earlier on study designs and endpoints.”&nbsp;</p><p>For the founders&nbsp;of both startups,&nbsp;their technologies&nbsp;come one step closer to moving their innovations to market.&nbsp;Nephrodite’s&nbsp;technology&nbsp;improves&nbsp;the lives of dialysis&nbsp;patients.&nbsp;OrthoPreserve’s&nbsp;device addresses challenges faced by&nbsp;those who suffer from chronic knee pain.&nbsp;</p><p><strong>Nephrodite: Advancing Continuous Artificial Kidney Technology</strong>&nbsp;</p><p>Dr. Nikhil&nbsp;Shah&nbsp;and Dr. Hiep Nguyen,&nbsp;cofounders&nbsp;of&nbsp;Nephrodite, aim&nbsp;to&nbsp;improve&nbsp;care for dialysis patients&nbsp;with end-stage kidney disease&nbsp;who need transplants. These patients&nbsp;often&nbsp;spend&nbsp;three to four hours in a&nbsp;dialysis&nbsp;clinic&nbsp;up to&nbsp;three times a week. Being&nbsp;tethered to stationary machines&nbsp;with needles&nbsp;drawing blood via arm grafts&nbsp;complicates&nbsp;everyday&nbsp;activities&nbsp;—&nbsp;from work&nbsp;tasks&nbsp;to the ability to travel.&nbsp;</p><p>Dialysis addresses chronic kidney disease, which means kidneys no longer work properly. The treatments filter out toxins,&nbsp;waste, and other fluids in the blood. Kidney disease&nbsp;<a href="https://www.cdc.gov/kidney-disease/ckd-facts/index.html" target="_blank">costs Medicare&nbsp;$124.5 billion</a>&nbsp;every year, according to the Centers for Disease Control and Prevention. And those costs are expected to rise because of increasing rates of kidney failure and chronic kidney disease.&nbsp;</p><p>“Dialysis, while lifesaving&nbsp;when it was pioneered&nbsp;in 1952, is incredibly burdensome,” Shah said.&nbsp;Besides being&nbsp;a long process&nbsp;that keeps the patient in a fixed location,&nbsp;it’s&nbsp;physically tiring.&nbsp;“Taking out your blood&nbsp;continually&nbsp;many, many times over, and over the course of four hours&nbsp;is the equivalent of running&nbsp;the Boston Marathon, hitting the finish line, and then someone saying, ‘You're not done;&nbsp;go do&nbsp;it again,’&nbsp;”&nbsp;he said.&nbsp;</p><p>A surgeon by training,&nbsp;with&nbsp;expertise&nbsp;in transplantation and oncology, Shah&nbsp;is also an adjunct associate professor&nbsp;in&nbsp;Tech’s School of Interactive Computing. He&nbsp;worked with&nbsp;Nguyen&nbsp;to develop a&nbsp;continuously&nbsp;functioning mechanical artificial kidney, leading to&nbsp;Nephrodite’s&nbsp;formation.&nbsp;</p><p>The&nbsp;FDA’s&nbsp;breakthrough designation&nbsp;on&nbsp;its&nbsp;artificial kidney&nbsp;allows the company&nbsp;to&nbsp;pursue approvals to&nbsp;begin tests in&nbsp;human trials.&nbsp;</p><p>The company traces its beginnings to a German aerospace facility outside Munich,&nbsp;where&nbsp;Nguyen and&nbsp;Shah&nbsp;watched engineers&nbsp;demonstrate&nbsp;a pediatric artificial heart&nbsp;—&nbsp;the&nbsp;<a href="https://www.berlinheart.com/" target="_blank">Berlin Heart</a>.&nbsp;</p><p>“That’s&nbsp;how we got started,” Shah said.&nbsp;“Seeing&nbsp;an artificial heart that led us to&nbsp;think about doing this for kidneys&nbsp;—&nbsp;because the kidney space has been largely ignored for 70 years.”&nbsp;</p><p>Backed by a German federal grant,&nbsp;Nephrodite&nbsp;grew, moving from Germany to Boston, Massachusetts, then&nbsp;to&nbsp;Austin, Texas, before calling Atlanta home.&nbsp;The&nbsp;company joined&nbsp;ATDC&nbsp;and&nbsp;tapped&nbsp;into other Georgia Tech programs.&nbsp;This&nbsp;included&nbsp;the&nbsp;<a href="https://medtech.gatech.edu/" target="_blank">Center for MedTech Excellence</a>&nbsp;and the&nbsp;<a href="https://gamep.org/" target="_blank">Georgia Manufacturing Extension Partnership</a>.&nbsp;Nephrodite&nbsp;also&nbsp;drew on&nbsp;student talent as&nbsp;the researchers&nbsp;quietly&nbsp;worked&nbsp;on&nbsp;their&nbsp;continuous mechanical artificial kidney.&nbsp;</p><p>Nephrodite&nbsp;began&nbsp;interviewing&nbsp;patients&nbsp;to&nbsp;find out what they wanted&nbsp;the artificial kidney needed to solve.&nbsp;</p><p>They learned patients&nbsp;want&nbsp;the ability to be mobile.&nbsp;Patients also&nbsp;desire&nbsp;an alternative&nbsp;therapy to large needles being inserted into arm grafts&nbsp;because the injection sites are prone to&nbsp;infection&nbsp;and the grafts can fail. In addition, the process&nbsp;can&nbsp;be&nbsp;painful and disfiguring. Finally,&nbsp;patients want&nbsp;a quality of life&nbsp;independent of&nbsp;machines.&nbsp;</p><p>“Those&nbsp;quality-of-life&nbsp;needs, especially being free and mobile,&nbsp;were&nbsp;absolutely universal,” Shah said.&nbsp;&nbsp;</p><p>Nephrodite&nbsp;began developing the technology to&nbsp;build&nbsp;its device&nbsp;—&nbsp;a filter surgically implanted in the pelvis area.&nbsp;</p><p>“We developed an implant designed to run&nbsp;constantly, connected to larger blood vessels&nbsp;in the pelvis&nbsp;to avoid arm graft failures, and paired with an external interface that lets patients sleep at night while the system removes toxins and excess fluid,” Shah&nbsp;explained.&nbsp;</p><p>The device also has&nbsp;built-in sensors, with&nbsp;data uploaded to the cloud,&nbsp;enabling&nbsp;medical care teams&nbsp;to&nbsp;remotely&nbsp;monitor&nbsp;their patients&nbsp;while freeing&nbsp;patients from frequent&nbsp;in-clinic&nbsp;visits.&nbsp;</p><p>Shah said&nbsp;Nephrodite’s&nbsp;device&nbsp;could restore everyday independence,&nbsp;while potentially lowering infection risk.&nbsp;</p><p>“It's like having an actual kidney, but&nbsp;without&nbsp;all the issues&nbsp;of an unhealthy one,” Shah said.&nbsp;&nbsp;</p><p><strong>OrthoPreserve: Innovating a Minimally Invasive Meniscus Implant</strong>&nbsp;<br>&nbsp;<br>OrthoPreserve’s technology aims&nbsp;to address issues&nbsp;from&nbsp;people have with their meniscus,&nbsp;the C‑shaped piece of cartilage in a knee joint that acts as a shock absorber between the thigh bone and shin bone.&nbsp;</p><p>Though&nbsp;patients undergo a now-routine surgery to address it,&nbsp;incomplete recoveries are&nbsp;also&nbsp;common.&nbsp;An estimated&nbsp;quarter&nbsp;of&nbsp;patients later experience&nbsp;recurring knee pain.&nbsp;No FDA-approved implant currently exists for this population.&nbsp;Now,&nbsp;OrthoPreserveis developing a minimally invasive, artificial meniscus implant to restore cushioning,&nbsp;relieve pain, and delay&nbsp;—&nbsp;or even&nbsp;prevent&nbsp;—&nbsp;knee replacement for&nbsp;some patients.&nbsp;</p><p>“There are a million meniscus&nbsp;surgeries every year, and 25% of those patients still live with recurring pain,” said Jonathan Schwartz,&nbsp;OrthoPreserve’s&nbsp;founder and CEO.&nbsp;</p><p>Patients&nbsp;can&nbsp;face daily pain from&nbsp;ordinary activities, such as&nbsp;prolonged&nbsp;standing&nbsp;or&nbsp;walking&nbsp;a dog. Other activities like&nbsp;jogging and&nbsp;recreational sports&nbsp;can&nbsp;trigger flares that&nbsp;can lead to&nbsp;swelling and&nbsp;prolonged&nbsp;discomfort, Schwartz said.&nbsp;“Those patients have no&nbsp;reliable&nbsp;options today,” he said. “We’re building a minimally invasive implant to restore cushioning and help people get back to the activities they love.”&nbsp;</p><p>OrhoPreserve’s&nbsp;durable implant&nbsp;restores cushioning, and it&nbsp;could help people return to normal activities&nbsp;and delay invasive knee replacement. Along with this comes&nbsp;potential cost and recovery benefits for the healthcare&nbsp;system.  &nbsp;</p><p>Schwartz created the implant as his <a href="https://research.gatech.edu/tech-alum-launches-meniscus-implant-startup" target="_blank">Georgia Tech master’s thesis</a> in the lab of <a href="https://www.me.gatech.edu/faculty/ku" target="_blank">David Ku</a> in&nbsp;the&nbsp;Lawrence P. Huang Endowed Chair for Engineering Entrepreneurship and Regents' Professor&nbsp;in&nbsp;the&nbsp;George W. Woodruff School of Mechanical Engineering. After industry experience,&nbsp;Schwartz&nbsp;returned to&nbsp;further&nbsp;develop&nbsp;the&nbsp;technology,&nbsp;building on Georgia Tech’s translational&nbsp;expertise&nbsp;</p><p>OrthoPreserve&nbsp;has completed mechanical testing and a successful study. The company&nbsp;is raising a $2 million seed to complete validations and begin human trials, which Schwartz expects to start in&nbsp;18 months.&nbsp;</p><p>“The&nbsp;FDA&nbsp;breakthrough designation validates that nothing like this&nbsp;technology&nbsp;exists,&nbsp;and that it has the potential to disrupt the standard of care,” Schwartz&nbsp;said,&nbsp;adding the&nbsp;U.S.’&nbsp;market&nbsp;opportunity&nbsp;is&nbsp;roughly&nbsp;$1.5 billion. “We finally have a minimally invasive&nbsp;option to bridge the gap between meniscus surgery and knee replacement.”&nbsp;</p><p><strong>What FDA Breakthrough Designation Means for&nbsp;ATDC’s&nbsp;HealthTech Startups</strong>&nbsp;</p><p>Having a&nbsp;faster&nbsp;and&nbsp;clearer path is a derisking milestone for investors&nbsp;who are&nbsp;evaluating&nbsp;capital intensive&nbsp;medical&nbsp;device&nbsp;technologies,&nbsp;Jungles&nbsp;said.&nbsp;</p><p>“This&nbsp;breakthrough device designation is a really big deal for medical&nbsp;device companies,” Jungles said, adding&nbsp;that&nbsp;startups often fear navigating the FDA&nbsp;approval&nbsp;process.&nbsp;“But this designation&nbsp;adds to the legitimacy of their technologies&nbsp;and the problemsthey are solving. The designation will help them get to market faster, assuming their data continues to meet expectations.”&nbsp;</p><p>ATDC launched its <a href="https://atdc.org/industry/healthtech/" target="_blank">HealthTech vertical</a>&nbsp;in 2018,&nbsp;which is&nbsp;now&nbsp;sponsored by&nbsp;<a href="https://catalyst.wellstar.org/" target="_blank">Catalyst by Wellstar</a>&nbsp;ATDC’s HealthTech&nbsp;portfoilo&nbsp;companies&nbsp;include&nbsp;medical devices, biotech, and digital health, among other segments.&nbsp;</p><p><strong>ATDC’s Role in Accelerating HealthTech Innovation</strong>&nbsp;</p><p>Nephrodite&nbsp;and&nbsp;OrthoPreserve’s&nbsp;founders&nbsp;noted&nbsp;ATDC’s coaching&nbsp;and&nbsp;programming&nbsp;as critical in navigating fundraising and regulatory milestones.&nbsp;Another&nbsp;factor, they said,&nbsp;was&nbsp;ATDC’s&nbsp;connection&nbsp;to&nbsp;Georgia Tech’s&nbsp;labs and facilities&nbsp;and&nbsp;prototyping support and clinical advisors&nbsp;from&nbsp;across&nbsp;metro&nbsp;Atlanta.&nbsp;&nbsp;</p><p>“We meet with ATDC coaches every two to four weeks to troubleshoot and plan,” Schwartz said. “Having that level of seasoned guidance, all&nbsp;without consultant-level costs,&nbsp;has been huge.”&nbsp;</p><p>Jungles added&nbsp;that&nbsp;two&nbsp;Breakthrough device&nbsp;designations in the same year&nbsp;reflects&nbsp;ATDC’s selection rigor, noting&nbsp;he’s&nbsp;evaluated hundreds of technologies since the HealthTech vertical launched.&nbsp;</p><p>“It reflects the caliber&nbsp;of the companies in&nbsp;ATDC, specifically in the medical&nbsp;device space,” Jungles said. “It’s the strength of their teams, the persistence of the founders, and the collaboration of the ecosystem in Georgia and Atlanta.”&nbsp;</p><p>&nbsp;</p>]]></body>  <author>Péralte Paul</author>  <status>1</status>  <created>1774041357</created>  <gmt_created>2026-03-20 21:15:57</gmt_created>  <changed>1774366486</changed>  <gmt_changed>2026-03-24 15:34:46</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Milestone designation signals strong potential to reshape care for dialysis patients and those with chronic knee pain.]]></teaser>  <type>news</type>  <sentence><![CDATA[Milestone designation signals strong potential to reshape care for dialysis patients and those with chronic knee pain.]]></sentence>  <summary><![CDATA[<p>FDA Breakthrough Device designation is rare for health technology startups.</p>]]></summary>  <dateline>2026-03-20T00:00:00-04:00</dateline>  <iso_dateline>2026-03-20T00:00:00-04:00</iso_dateline>  <gmt_dateline>2026-03-20 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[peralte@gatech.edu]]></email>  <location></location>  <contact><![CDATA[<p><strong>Péralte C. Paul</strong><br><a href="mailto:peralte@gatech.edu">peralte@gatech.edu</a><br>404.316.1210</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679705</item>          <item>679703</item>      </media>  <hg_media>          <item>          <nid>679705</nid>          <type>image</type>          <title><![CDATA[Shah and Nguyen headshots]]></title>          <body><![CDATA[<p>Dr. Nikhil Shah and Dr. Hiep Nguyen, are cofounders of Nephrodite, an ATDC startup.</p>]]></body>                      <image_name><![CDATA[Screenshot-2026-03-20-at-17.49.33.png]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/03/20/Screenshot-2026-03-20-at-17.49.33.png]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/03/20/Screenshot-2026-03-20-at-17.49.33.png]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/03/20/Screenshot-2026-03-20-at-17.49.33.png?itok=0uI6KAAg]]></image_740>            <image_mime>image/png</image_mime>            <image_alt><![CDATA[Shah and Nguyen headshots]]></image_alt>                    <created>1774043491</created>          <gmt_created>2026-03-20 21:51:31</gmt_created>          <changed>1774043761</changed>          <gmt_changed>2026-03-20 21:56:01</gmt_changed>      </item>          <item>          <nid>679703</nid>          <type>image</type>          <title><![CDATA[Jonathan Schwartz headshot]]></title>          <body><![CDATA[<p>Jonathan Schwartz, OrthoPreserve’s founder and CEO.</p>]]></body>                      <image_name><![CDATA[J-schwartz-headshot_W.jpg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/03/20/J-schwartz-headshot_W.jpg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/03/20/J-schwartz-headshot_W.jpg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/03/20/J-schwartz-headshot_W.jpg?itok=x1CVO8Wu]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Headshot of Jonathan Schwartz.]]></image_alt>                    <created>1774042486</created>          <gmt_created>2026-03-20 21:34:46</gmt_created>          <changed>1774042827</changed>          <gmt_changed>2026-03-20 21:40:27</gmt_changed>      </item>      </hg_media>  <related>      </related>  <files>      </files>  <groups>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="138"><![CDATA[Biotechnology, Health, Bioengineering, Genetics]]></category>          <category tid="139"><![CDATA[Business]]></category>          <category tid="131"><![CDATA[Economic Development and Policy]]></category>      </categories>  <news_terms>          <term tid="138"><![CDATA[Biotechnology, Health, Bioengineering, Genetics]]></term>          <term tid="139"><![CDATA[Business]]></term>          <term tid="131"><![CDATA[Economic Development and Policy]]></term>      </news_terms>  <keywords>          <keyword tid="4238"><![CDATA[atdc]]></keyword>          <keyword tid="194965"><![CDATA[Greg Jungles]]></keyword>          <keyword tid="194966"><![CDATA[Catalyst by Wellstar]]></keyword>          <keyword tid="14713"><![CDATA[FDA]]></keyword>          <keyword tid="189701"><![CDATA[breakthrough device designation]]></keyword>          <keyword tid="194967"><![CDATA[Nephrodite]]></keyword>          <keyword tid="194968"><![CDATA[OrthoPreserve]]></keyword>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>          <term tid="193654"><![CDATA[Enterprise Innovation Institute]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>          <topic tid="71891"><![CDATA[Health and Medicine]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="688745">  <title><![CDATA[Mentor Spotlight: Alison Sizer — From Apple and Nike to Supporting Founders ]]></title>  <uid>36436</uid>  <body><![CDATA[<p>Alison Sizer started as someone who loved innovation and problem-solving. For 14 years, she worked at Apple and Nike, where she learned how to blend innovation with customer insight: how to spot patterns, translate problems into opportunities, and turn ideas into strategies for growth.&nbsp;</p><p>Applying what she’d learned along the way, Sizer started Growth Impact to support startups and stakeholders in the innovation ecosystem. As a part of her business, she created partnerships and networks between the U.S. and South Africa, bridging the gap between startups and corporations to encourage co-creation and pilot projects. During this time, she saw how much early‑stage founders needed clear frameworks, honest guidance, and hands‑on support.&nbsp;</p><p>“I started Growth Impact to support startups and stakeholders such as venture studios, investors, and accelerators. I support early-stage startups in finding product-market fit, customer understanding, go-to-market strategy, and business model development,” she said. “I also help startups with fundraising readiness and enterprise readiness. I support stakeholders by helping to assess viability, and de-risk new ventures, as well as connecting startups to enterprises.”&nbsp;</p><p>Eventually, her work brought her in contact with Georgia Tech. She was working with a South African innovation lab to enable pilot projects between startups and enterprises with the goal of facilitating the co-creation of digital solutions, which led her to Rahul Saxena, director of <a href="https://create-x.gatech.edu/">CREATE-X</a>.&nbsp;</p><p>Sizer said she reached out to see if any potential CREATE-X startups or enterprises would want to connect to the companies she was working with in South Africa.</p><p>“Over the last few years, there's been quite a lot of interest in Georgia Tech and Atlanta in terms of a tech and innovation hub in the U.S., and there's a lot of investment happening too, in both the city of Atlanta and in Georgia Tech, in entrepreneurship and innovation and technology,” she said. “I think it's an interesting market.”</p><p>Once connected, she kept meeting Georgia Tech founders, many from CREATE‑X.</p><p>Quietly, she began helping where she could, making introductions for CREATE-X founders outside of Atlanta. For Augment Health, she made investor and potential partner introductions. For the founder of Strapt, she made introductions to investors, shared market insight, and highlighted the company in her own newsletter, which has an audience of innovation ecosystem stakeholders, including more investors. And for ZenVR, she made a connection to WeFunder for funding, which resulted in $250,000 raised. &nbsp;</p><p>Collaborating with CREATE-X on a webinar, Sizer also taught <a href="https://create-x.gatech.edu/launch/startup-launch">Startup Launch</a> alumni about customer understanding and segmentation, value proposition, and other topics for health and wellness founders. Beyond connecting, Sizer shaped mindsets.&nbsp;</p><p>In her business, one founder she worked with was building non‑toxic performance apparel for women — a product selling through Amazon, REI, and even the U.S. military. The founder had ambition but struggled to balance DTC (direct to consumer) sales, retail, and B2B opportunities. Sizer helped her analyze her data, identify her real early adopters, and rebuild her value proposition and messaging. With a clearer customer understanding and stronger brand direction, the founder revamped her website and refined her pitch.</p><p>“I love that thrill of them being excited about implementing some of the ideas and things we talk about, seeing the growth in their business, and the positive change in their business. That really excites me,” she said.</p><p>Atlanta is an enterprise-heavy city with Fortune 500 companies, SaaS (Software as a Service) companies, and a growing biotech sector. The startup ecosystem is growing in Atlanta, and with that comes advantages.&nbsp;</p><p>“I have noticed that there's a lot of strong support for Atlanta and Georgia entrepreneurs from other Atlanta and Georgia entrepreneurs,” she said. “They all support each other.”</p><p>Over the years, Sizer has advised or mentored over 100 startups and built investor connections. &nbsp;</p><p>“My business is Growth Impact, because growth and impact are part of my core values. I'm glad to give back and support early entrepreneurs, sharing knowledge, tools, and resources,” she said.</p><p>As a founder, Sizer went through her own learning curve. When she first launched her company, she assumed her target customers would be venture capital firms and spent months talking to pre‑seed and seed investors, only to discover that VCs either didn’t fund the kind of operational support she offered or they expected founders to pay for it themselves. Meanwhile, the founders she spoke with said they needed her help but didn’t have the budget. She said it was a classic chicken‑and‑egg problem.</p><p>“I said, OK, this is not my target customer. The target customer is the startup,” she said. “That's where the pivot point was for me.”<br>That shift reshaped her entire business and reinforced the same advice she now gives students: Talk to customers, listen deeply, and don’t be afraid to adjust when the data points you in a new direction.</p><p>She officially joined the CREATE‑X mentor community last year to help more founders, guiding them in finding product-market fit, and understanding who needs this solution and why.</p><p>One thing Sizer emphasized, however, is the need for founders to continue to take initiative and be resilient in the face of challenges.<br>“A mentor can guide you or ask the right questions, but the founder has to find the path,” she said.</p><h2>Ready to build something real?</h2><p>Meet mentors like Alison Sizer in Startup Launch, where you can develop a startup to solve real-world problems and build entrepreneurial skills. <a href="https://airtable.com/appaTqlTL2zQkXBBR/pagdkIvjQbvDbSD2F/form">Apply to Startup Launch</a> today; applications close Tuesday, March 17.<br>Interested in mentoring?</p><h2>Want to mentor and support the next generation of Georgia Tech founders?</h2><p>Fill out our <a href="https://airtable.com/app1gcnb0ECVgdEF4/pag4g0e8mxV9qWn8k/form">engagement form</a> to join CREATE‑X’s mentor network.&nbsp;</p>]]></body>  <author>bdurham31</author>  <status>1</status>  <created>1772724030</created>  <gmt_created>2026-03-05 15:20:30</gmt_created>  <changed>1773948350</changed>  <gmt_changed>2026-03-19 19:25:50</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Alison Sizer, a former Apple and Nike strategist turned founder of Growth Impact, now mentors CREATE‑X startups by helping them deepen customer understanding, refine value propositions, and build pathways to growth through her global innovation network.]]></teaser>  <type>news</type>  <sentence><![CDATA[Alison Sizer, a former Apple and Nike strategist turned founder of Growth Impact, now mentors CREATE‑X startups by helping them deepen customer understanding, refine value propositions, and build pathways to growth through her global innovation network.]]></sentence>  <summary><![CDATA[<div>Alison Sizer brings more than a decade of innovation experience from Apple and Nike to her work supporting early‑stage founders through her company, Growth Impact. After building cross‑continental partnerships between the U.S. and South Africa, she connected with CREATE-X and began advising founders on customer insight, product‑market fit, and go‑to‑market strategy. She has since made high‑impact investor and partner introductions, taught customer discovery frameworks, and helped entrepreneurs rethink their value propositions through data‑driven guidance. Now an official CREATE‑X mentor, Sizer continues to champion founders by sharing tools, networks, and honest insight to help them build resilient, customer‑focused ventures.</div>]]></summary>  <dateline>2026-03-04T00:00:00-05:00</dateline>  <iso_dateline>2026-03-04T00:00:00-05:00</iso_dateline>  <gmt_dateline>2026-03-04 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[]]></email>  <location></location>  <contact><![CDATA[<p><a href="mailto:breanna.durham@gatech.edu">Breanna Durham</a></p><p>Marketing Strategist</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679530</item>      </media>  <hg_media>          <item>          <nid>679530</nid>          <type>image</type>          <title><![CDATA[Alison Sizer ]]></title>          <body><![CDATA[<div>The image shows Alison Sizer  standing in a modern, well‑lit workspace with open shelving, plants, and a large “Let’s...” wall sign visible in the background. She's wearing a light gray blazer over a teal top and is posed with one arm resting on a wooden table. The setting includes contemporary furniture, natural light from large windows, and a neutral, inviting color palette that conveys a professional yet relaxed environment.</div>]]></body>                      <image_name><![CDATA[Alison-TRT_3162.jpeg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/03/05/Alison-TRT_3162.jpeg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/03/05/Alison-TRT_3162.jpeg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/03/05/Alison-TRT_3162.jpeg?itok=HEE1jyqb]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Alison Sizer in a blazer standing in a modern workspace with wooden tables, open shelving, and natural light.]]></image_alt>                    <created>1772722040</created>          <gmt_created>2026-03-05 14:47:20</gmt_created>          <changed>1772723141</changed>          <gmt_changed>2026-03-05 15:05:41</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://airtable.com/appaTqlTL2zQkXBBR/pagdkIvjQbvDbSD2F/form]]></url>        <title><![CDATA[Apply to Startup Launch]]></title>      </link>          <link>        <url><![CDATA[https://airtable.com/app1gcnb0ECVgdEF4/pag4g0e8mxV9qWn8k/form]]></url>        <title><![CDATA[Mentor with CREATE-X]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="583966"><![CDATA[CREATE-X]]></group>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>          <category tid="42911"><![CDATA[Education]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>          <term tid="42911"><![CDATA[Education]]></term>      </news_terms>  <keywords>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="688282">  <title><![CDATA[Georgia Tech Launches Pilot Program to Support Rural Arts Organizations]]></title>  <uid>28137</uid>  <body><![CDATA[<p>Beginning this March in Perry, Georgia, the&nbsp;<a href="https://innovate.gatech.edu/gain/"><strong>Georgia Arts Innovation Network (GAIN)</strong></a>&nbsp;will support arts‑related nonprofits and small businesses in&nbsp;Perry, Houston County, and surrounding counties in Middle Georgia. The six‑month pilot is funded by a&nbsp;<a href="https://www.arts.gov/"><strong>National Endowment for the Arts (NEA)</strong></a>&nbsp;Our Town&nbsp;grant and is the first EI² program dedicated specifically to the arts.</p><p>“Arts organizations contribute so much to the vibrancy of a community,” said&nbsp;Caley Landau, program manager for GAIN and marketing strategist at EI². “They help create a sense of place and provide the ‘something to do’ that small cities and towns want to offer residents, new workers, and prospective businesses. Our hope is to enhance the arts and cultural ecosystem in Middle Georgia by providing training and technical assistance to the organizations that produce art in the region.”</p><h4><strong>A Rural Community Already Investing in Placemaking</strong></h4><p>Perry was selected as the pilot location in part for its active downtown revitalization work and commitment to placemaking. Through the&nbsp;<a href="https://www.georgiacitiesfoundation.org/placemaking">Georgia Economic Placemaking Collaborative</a>, Perry city staff partnered with EI²’s&nbsp;<a href="https://cedr.gatech.edu/">Center for Economic Development Research</a>&nbsp;to develop strategies for arts‑based community development.</p><p>“Working alongside the Georgia Tech team has been a wonderful experience,” said&nbsp;Alicia Hartley, downtown manager for the City of Perry. “We hope that participants walk away from the cohort inspired and empowered to activate their organizations in creative and meaningful ways.”</p><h4><strong>Listening First, Then Providing Targeted Support</strong></h4><p>The program will begin with a listening session to understand participating organizations’ needs. EI² will then design tailored workshops drawing from experts at Georgia Tech and beyond. Every other month, cohort members will meet for sessions on business practices, digital tools, operational efficiency, marketing, placemaking partnerships, and other areas that support long‑term sustainability.</p><p>“They sound like great ideas — murals, pop‑up exhibits, outdoor performances — but how do you really get down to the nuts and bolts of making them happen?” Landau said. “And how do you bring the right partners to the table? That’s what we’ll explore together.”</p><h4><strong>A Statewide Mission, Strengthened Through the Arts</strong></h4><p>As Georgia Tech’s economic development arm, EI² administers programs that support entrepreneurs, manufacturers, communities, and municipalities across the state and around the world.</p><p>“GAIN represents an important part of EI²’s comprehensive approach to economic development,” said&nbsp;David Bridges, vice president of EI². “It gives us another way to create impact in Georgia by applying our expertise to serve arts organizations that are vital to Georgia communities.”</p><p>Jason Freeman, associate vice provost for Georgia Tech Arts, noted that the pilot aligns with the Institute’s broader commitment to supporting arts, culture, and creativity statewide.</p><p>“Through GAIN, I’m excited to learn more about the arts ecosystem in Middle Georgia,” Freeman said. “The lessons we learn will inform both statewide collaborations and new initiatives emerging through our&nbsp;<a href="https://arts.gatech.edu/creative-quarter">Creative Quarter</a> innovation district on campus.”</p><h4><strong>Program Funding and Support</strong></h4><p>The pilot is funded through the NEA’s&nbsp;Our Town&nbsp;program, which supports projects integrating arts, culture, and design into community development. The&nbsp;<a href="https://gaarts.org/">Georgia Council for the Arts</a>&nbsp;is partnering with EI² on cohort recruitment, curriculum development, and arts‑based placemaking strategies.</p><p><em><strong>Recruitment has begun.&nbsp;Arts nonprofits and arts‑based businesses in Middle Georgia may apply at&nbsp;</strong></em><a href="https://innovate.gatech.edu/gain/"><em><strong>innovate.gatech.edu/gain/</strong></em></a><em><strong>.</strong></em></p>]]></body>  <author>Péralte Paul</author>  <status>1</status>  <created>1771269807</created>  <gmt_created>2026-02-16 19:23:27</gmt_created>  <changed>1772200882</changed>  <gmt_changed>2026-02-27 14:01:22</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[NEA “Our Town” grant supports Middle Georgia initiative]]></teaser>  <type>news</type>  <sentence><![CDATA[NEA “Our Town” grant supports Middle Georgia initiative]]></sentence>  <summary><![CDATA[<p>Georgia Tech’s&nbsp;<a href="https://innovate.gatech.edu/">Enterprise Innovation Institute</a> (EI²) is launching a new pilot program to help rural arts organizations strengthen operations, adopt new technologies, and deepen their role in local community and economic development.</p><p>&nbsp;</p>]]></summary>  <dateline>2026-02-24T00:00:00-05:00</dateline>  <iso_dateline>2026-02-24T00:00:00-05:00</iso_dateline>  <gmt_dateline>2026-02-24 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[NEA Our Town grant supports Middle Georgia initiative]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[peralte@gatech.edu]]></email>  <location></location>  <contact><![CDATA[<p><strong>MEDIA CONTACT</strong><br><strong>Péralte Paul</strong><br><a href="mailto:peralte@gatech.edu">peralte@gatech.edu</a></p><p><strong>GAIN PROGRAM CONTACT</strong><br><strong>Caley Landau</strong><br><a href="mailto:caley.landau@innovate.gatech.edu"><strong>caley.landau@innovate.gatech.edu</strong></a></p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679410</item>      </media>  <hg_media>          <item>          <nid>679410</nid>          <type>image</type>          <title><![CDATA[Perry Players]]></title>          <body><![CDATA[<p><em>A production of the Perry Players, in Perry, Ga.</em></p>]]></body>                      <image_name><![CDATA[600279566_1401542021982073_3327861092957966357_n.jpg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/02/24/600279566_1401542021982073_3327861092957966357_n.jpg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/02/24/600279566_1401542021982073_3327861092957966357_n.jpg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/02/24/600279566_1401542021982073_3327861092957966357_n.jpg?itok=9OUp3y2K]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Theater group on stage.]]></image_alt>                    <created>1771954765</created>          <gmt_created>2026-02-24 17:39:25</gmt_created>          <changed>1771956406</changed>          <gmt_changed>2026-02-24 18:06:46</gmt_changed>      </item>      </hg_media>  <related>      </related>  <files>      </files>  <groups>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="42941"><![CDATA[Art Research]]></category>          <category tid="194568"><![CDATA[Arts and Performance]]></category>          <category tid="139"><![CDATA[Business]]></category>          <category tid="131"><![CDATA[Economic Development and Policy]]></category>          <category tid="42891"><![CDATA[Georgia Tech Arts]]></category>          <category tid="135"><![CDATA[Research]]></category>      </categories>  <news_terms>          <term tid="42941"><![CDATA[Art Research]]></term>          <term tid="194568"><![CDATA[Arts and Performance]]></term>          <term tid="139"><![CDATA[Business]]></term>          <term tid="131"><![CDATA[Economic Development and Policy]]></term>          <term tid="42891"><![CDATA[Georgia Tech Arts]]></term>          <term tid="135"><![CDATA[Research]]></term>      </news_terms>  <keywords>          <keyword tid="194917"><![CDATA[Georgia Arts Innovation Network]]></keyword>          <keyword tid="194918"><![CDATA[Caley Landau]]></keyword>          <keyword tid="3671"><![CDATA[Enterprise Innovation Institute]]></keyword>          <keyword tid="194919"><![CDATA[Middle Georgia]]></keyword>          <keyword tid="184294"><![CDATA[Center for Economic Development Research]]></keyword>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>      </keywords>  <core_research_areas>          <term tid="193654"><![CDATA[Enterprise Innovation Institute]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="688493">  <title><![CDATA[Augusta Positioned to Become a Leader in Medical Device Entrepreneurship]]></title>  <uid>28137</uid>  <body><![CDATA[<div><p>The Georgia Institute of Technology and Augusta University have launched a collaborative effort to boost the city’s medical device innovation ecosystem.&nbsp;</p></div><div><p>The Augusta region is already a major hub for health and life sciences, boasting five hospitals and the Medical College of Georgia, the nation’s 13th oldest medical school and one of its largest.</p><p>Additionally, the advocacy nonprofit <a href="https://www.galifesciences.org/">Georgia Life Sciences</a> designated the region a BioReady Gold community. This ratings system recognizes its existing bioscience assets and its commitment to expanding infrastructure and commercialization, marking Augusta as a desired choice for biotech companies looking for suitable sites to expand.</p><p>Leading the work at Georgia Tech are the <a href="https://gamep.org/">Georgia Manufacturing Extension Partnership</a> (GaMEP) and <a href="https://atdc.org/">Advanced Technology Development Center</a> (ATDC).&nbsp;</p><p>GaMEP is a program of the <a href="https://innovate.gatech.edu/">Enterprise Innovation Institute</a>, Tech’s chief economic development arm. It brings a&nbsp;dedicated team with the unique skills required to help innovators clearly understand the requirements needed to bring medical devices to market.&nbsp;</p><p>“When entrepreneurs gain insight into the regulatory and quality requirements early in development, they can make informed, strategic decisions that can significantly reduce both time and cost,” said&nbsp;Sarah Jo Tucker, industry manager for GaMEP’s medical device group. “We partner closely with innovators throughout the process and bring deep expertise in the regulatory requirements while they bring expertise in their technology. Together, we can move products efficiently and confidently from concept to commercialization.”</p><p>ADTC, part of Georgia Tech’s <a href="https://commercialization.gatech.edu/">Office of Commercialization</a>, is the state’s premier technology incubator and the oldest university-based incubator in the country. ATDC provides guidance and resources for entrepreneurs and founders to successfully launch and scale their technology companies.</p><p>Since its founding in 1980, ATDC’s startup graduates have attracted more than $6.2 billion in investment and generated over $14 billion in revenue in Georgia. Through the partnership with Augusta University, ATDC uses its expertise to serve&nbsp;entrepreneurs in the medical device field.</p><p>"Medical innovation across the state of Georgia is critical for our health tech industries to thrive,” said Chris Dickson, ATDC’s startup catalyst in the Augusta region. “We identify investment-ready medical technology startups and provide the support needed while they are scaling their businesses.”</p><p>A major hub for the life sciences, Augusta University is home to a wealth of researchers in the biomedical and related fields. This makes the institution ideally situated to help facilitate medical device commercialization.</p><p>Guido Verbeck understands this dynamic firsthand. A&nbsp;professor of chemistry and biochemistry at Augusta University, he is also an entrepreneur and medical device innovator.</p><p>“Academia is a fantastic platform for launching ideas, but there must be an understanding of how to bring a device to market,” said Verbeck. “Physicians and practitioners who are also academics are solving problems in real time, but they often lack the resources and support to get their ideas to production and commercialization.”</p><p>Lynsey&nbsp;Steinberg, director of innovation for Augusta University’s strategic partnerships and economic development team, summed up collaboration’s goal.&nbsp;</p><p>“When we tap our depth of talent, innovation, and community collaboration, this region has what it takes to become a launchpad for medical device startups — a place where bold ideas find the purpose they need to succeed to solve real-world problems,” she said.</p></div>]]></body>  <author>Péralte Paul</author>  <status>1</status>  <created>1771953413</created>  <gmt_created>2026-02-24 17:16:53</gmt_created>  <changed>1771953903</changed>  <gmt_changed>2026-02-24 17:25:03</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[A partnership between Georgia Tech and Augusta University supports the effort .]]></teaser>  <type>news</type>  <sentence><![CDATA[A partnership between Georgia Tech and Augusta University supports the effort .]]></sentence>  <summary><![CDATA[<p>Georgia Tech’s GaMEP medical device commercialization team&nbsp;and the Advanced Technology Development Center (ATDC)&nbsp;are now working directly with Augusta researchers, clinicians, and entrepreneurs to help move medical device ideas from concept to commercialization.</p>]]></summary>  <dateline>2026-02-24T00:00:00-05:00</dateline>  <iso_dateline>2026-02-24T00:00:00-05:00</iso_dateline>  <gmt_dateline>2026-02-24 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[<p><em>To explore resources and opportunities for collaboration and expansion in the region’s medical device startup ecosystem, GaMEP is hosting&nbsp;INNOVATE: Building Augusta’s Medical Device Ecosystem,&nbsp;on Feb. 27, 2026, at the Georgia Cyber Innovation and Training Center.</em></p><p><em>The half-day event is being presented in partnership with the Advanced Technology Development Center, Augusta University, the Augusta Economic Development Authority, and the Georgia Cyber Innovation and Training Center.</em></p><p><em>To learn more and register,&nbsp;</em><a href="https://www.eventbrite.com/e/innovate-building-augustas-medical-device-ecosystem-tickets-1980478938819?aff=oddtdtcreator"><em>click here</em></a><em>.</em></p>]]></sidebar>  <email><![CDATA[]]></email>  <location></location>  <contact><![CDATA[<p>Eve Tolpa<br>eve.tolpa@innovate.gatech.edu</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679409</item>      </media>  <hg_media>          <item>          <nid>679409</nid>          <type>image</type>          <title><![CDATA[Downtown Augusta ]]></title>          <body><![CDATA[<p>The city of Augusta is a major hub for health and life sciences, boasting five hospitals and the Medical College of Georgia.</p>]]></body>                      <image_name><![CDATA[AdobeStock_466386413.jpeg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/02/24/AdobeStock_466386413.jpeg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/02/24/AdobeStock_466386413.jpeg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/02/24/AdobeStock_466386413.jpeg?itok=l957zMps]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Aerial view of downtown Augusta]]></image_alt>                    <created>1771953448</created>          <gmt_created>2026-02-24 17:17:28</gmt_created>          <changed>1771953675</changed>          <gmt_changed>2026-02-24 17:21:15</gmt_changed>      </item>      </hg_media>  <related>      </related>  <files>      </files>  <groups>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="138"><![CDATA[Biotechnology, Health, Bioengineering, Genetics]]></category>          <category tid="139"><![CDATA[Business]]></category>          <category tid="131"><![CDATA[Economic Development and Policy]]></category>          <category tid="135"><![CDATA[Research]]></category>      </categories>  <news_terms>          <term tid="138"><![CDATA[Biotechnology, Health, Bioengineering, Genetics]]></term>          <term tid="139"><![CDATA[Business]]></term>          <term tid="131"><![CDATA[Economic Development and Policy]]></term>          <term tid="135"><![CDATA[Research]]></term>      </news_terms>  <keywords>          <keyword tid="16331"><![CDATA[GaMEP]]></keyword>          <keyword tid="3671"><![CDATA[Enterprise Innovation Institute]]></keyword>          <keyword tid="4238"><![CDATA[atdc]]></keyword>          <keyword tid="2579"><![CDATA[commercialization]]></keyword>          <keyword tid="9535"><![CDATA[medical device]]></keyword>          <keyword tid="172575"><![CDATA[Augusta University]]></keyword>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>          <term tid="193654"><![CDATA[Enterprise Innovation Institute]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="688044">  <title><![CDATA[Grading 2025’s Biggest Predictions and What They Signal for 2026]]></title>  <uid>35798</uid>  <body><![CDATA[<p>At the start of 2025, forecasts were confident: Automation would accelerate, artificial intelligence (AI) adoption would surge, and the economic picture would clarify. A year later, the report card is mixed. Predictions were directionally right but overly optimistic about the speed of change.</p><h5><strong>Consumer Behavior: Confidence Lagged; Spending Did Not</strong><br><strong>Grade: C</strong></h5><p>Consumer forecasts were among the least accurate.</p><p>“Consumer confidence started the year at low levels,” says&nbsp;<a href="https://www.scheller.gatech.edu/directory/faculty/bond/index.html">Samuel Bond</a>, associate professor of marketing in the Scheller College of Business. Many analysts expected households to pull back, particularly on discretionary spending. Instead, consumers kept spending — especially on travel, dining, and entertainment.</p><p>Bond notes a persistent gap between sentiment and behavior. “People expressed worry, but they did not significantly reduce spending.”</p><p>He also points to a major 2025 shift: the rise of AI “shopping assistants.” Rather than using search engines or retailer sites, consumers increasingly turned to tools like ChatGPT, Gemini, and other bots that consolidate search, comparison, and advice.</p><h5><strong>Automation Expectations: Progress Without the Breakthrough</strong><br><strong>Grade: B-</strong></h5><p>Supply chain automation was expected to leap forward in 2025, but progress came in targeted pockets.</p><p>“2025 did not deliver a broad, step-change leap in automation performance,” says&nbsp;<a href="https://www.isye.gatech.edu/users/chris-gaffney">Chris Gaffney</a>, professor of the practice in the H. Milton Stewart School of Industrial and Systems Engineering (ISyE). “Instead, it delivered selective progress.”</p><p>Automation delivered the most value in tightly scoped environments with clear ownership, particularly in new distribution and manufacturing facilities. Semi-automated systems that supported human judgment and stabilized throughput outperformed complex retrofits that promised full automation.</p><p>Forecasts missed by assuming technology alone could overcome workforce readiness, data gaps, and organizational complexity. “The gap between expectation and reality was less about technology and more about readiness to operate automated systems day-to-day,” Gaffney says.</p><p>Still, Gaffney gives 2025 a B-, calling it “a healthy, if humbling, outcome” that reset expectations and clarified what actually matters heading into 2026.</p><h5><strong>Artificial Intelligence: Adoption Advanced; Hype Outran Reality</strong><br><strong>Grade: Hard to define</strong></h5><p>No trend attracted more hype in 2025 than AI, and predictions routinely overshot reality.</p><p>“There’s been so much hype around AI that keeping track of specific forecasts is difficult,” says&nbsp;<a href="https://www.isye.gatech.edu/users/jorge-alberto-huertas-patino">Jorge Huertas</a>, a researcher in the ISyE. “AI has grown in many different areas and scopes, but not at the pace it was hyped.”</p><p>Some applications matured quickly, particularly code generation and AI tools embedded into existing platforms. “Claude has grown very well with code generation, and Gemini has grown by integrating across the Google ecosystem,” Huertas says.</p><p>Other highly touted areas lagged. “Agentic AI was hyped, only to see many cases where engineers spent two or three times longer fixing errors from AI-generated code,” he adds.</p><p>AI delivered the most value when narrowly applied to the right problems. Looking ahead, Huertas points to accuracy, guardrails, and regulation, rather than model capability, as the key constraints shaping AI’s 2026 trajectory.</p><p><a href="https://www.scheller.gatech.edu/directory/faculty/hsu/index.html">Alex Hsu</a>, associate professor in the Scheller College of Business, notes that business adoption is accelerating regardless. “The AI revolution is here to stay,” he says. “Tech companies are investing hundreds of billions in large language models and data centers, while companies outside tech are using models to improve margins. This will heighten competition and put downward pressure on the labor market.”</p><h5><strong>Economic Outlook: Forecasts Tested by Policy Volatility</strong><br><strong>Grade: C+</strong></h5><p>Economic predictions faced unusual turbulence in 2025, driven largely by rapid policy shifts.</p><p>“2025 was a difficult year to forecast gross domestic product (GDP) growth given the immense number of changes in policy at the federal level,” says&nbsp;<a href="https://econ.gatech.edu/people/person/b76871d2-194b-510a-b3cb-f6d4c7b16f0f">Danny Woodbury</a>, lecturer in the School of Economics.</p><p>Early forecasts projected solid growth in the first quarter, but GDP instead contracted slightly as government spending fell and imports surged following tariff announcements. “Forecasters did not foresee the magnitude of the shift in trade policy,” Woodbury says, noting that projections only converged with reality weeks before official data releases.</p><p>Later in the year, export growth pushed GDP forecasts sharply higher, again catching analysts off guard.</p><p>Hsu adds that inflation and unemployment will be the key indicators to watch in 2026 as the Federal Reserve balances price stability with employment amid rising bond yields and global fiscal pressures complicating the outlook.</p><h5><strong>What Forecasters Should Adjust Going Forward</strong></h5><p>Across sectors, 2025 revealed a common blind spot: Predictions assumed smoother execution than reality allowed.</p><p>For 2026, experts point to discipline over hype, operational readiness over technology promises, policy risk over static models, and actual behavior over stated intentions.</p><p>As Gaffney puts it: “2026 will reward operators who treat automation as a system to be run, not a solution to be bought.”</p>]]></body>  <author>Ayana Isles</author>  <status>1</status>  <created>1770308274</created>  <gmt_created>2026-02-05 16:17:54</gmt_created>  <changed>1770309105</changed>  <gmt_changed>2026-02-05 16:31:45</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[Experts provide a measured review of forecasts across automation, AI, consumer behavior, and the economy]]></teaser>  <type>news</type>  <sentence><![CDATA[Experts provide a measured review of forecasts across automation, AI, consumer behavior, and the economy]]></sentence>  <summary><![CDATA[<p>At the start of 2025, experts predicted rapid advances in automation, artificial intelligence adoption, consumer pullbacks, and clearer economic signals, but a year later the results are mixed. A review of 2025 forecasts shows that while predictions across AI, supply chain automation, consumer behavior, and the U.S. economy were largely directionally correct, they overstated the speed of change. Consumers continued spending despite low confidence, automation advanced in targeted applications rather than delivering broad breakthroughs, and AI adoption grew unevenly as hype outpaced real-world performance. Economic forecasts were repeatedly disrupted by policy volatility, trade shifts, and inflation pressures. Together, these outcomes suggest that 2026 will reward disciplined execution, operational readiness, and realistic expectations over overly optimistic predictions.</p>]]></summary>  <dateline>2026-02-05T00:00:00-05:00</dateline>  <iso_dateline>2026-02-05T00:00:00-05:00</iso_dateline>  <gmt_dateline>2026-02-05 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[]]></email>  <location></location>  <contact><![CDATA[<p><a href="mailto:aisles3@gatech.edu">Ayana Isles</a><br>Senior Media Relations Representative<br>Institute Communications<br>&nbsp;</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679193</item>      </media>  <hg_media>          <item>          <nid>679193</nid>          <type>image</type>          <title><![CDATA[2026 predictions]]></title>          <body><![CDATA[]]></body>                      <image_name><![CDATA[AdobeStock_1684428911.jpeg]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/02/05/AdobeStock_1684428911.jpeg]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/02/05/AdobeStock_1684428911.jpeg]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/02/05/AdobeStock_1684428911.jpeg?itok=eohOabp-]]></image_740>            <image_mime>image/jpeg</image_mime>            <image_alt><![CDATA[Businessman holding magnifying glass focusing on year 2026 with digital icons of innovation, AI, analytics, and global strategy. Concept of future planning, technology trends and vision. ]]></image_alt>                    <created>1770306898</created>          <gmt_created>2026-02-05 15:54:58</gmt_created>          <changed>1770308012</changed>          <gmt_changed>2026-02-05 16:13:32</gmt_changed>      </item>      </hg_media>  <related>      </related>  <files>      </files>  <groups>          <group id="1214"><![CDATA[News Room]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="194606"><![CDATA[Artificial Intelligence]]></category>          <category tid="139"><![CDATA[Business]]></category>      </categories>  <news_terms>          <term tid="194606"><![CDATA[Artificial Intelligence]]></term>          <term tid="139"><![CDATA[Business]]></term>      </news_terms>  <keywords>          <keyword tid="187915"><![CDATA[go-researchnews]]></keyword>          <keyword tid="2835"><![CDATA[ai]]></keyword>          <keyword tid="113741"><![CDATA[predictions]]></keyword>          <keyword tid="188571"><![CDATA[consumer behavior]]></keyword>          <keyword tid="290"><![CDATA[Economy]]></keyword>      </keywords>  <core_research_areas>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node><node id="687932">  <title><![CDATA[Build Something That Matters This Summer: Apply to Startup Launch by March 17]]></title>  <uid>36436</uid>  <body><![CDATA[<p>Every year, hundreds of Georgia Tech students take a leap that changes their careers forever: They decide to spend their summer building a startup.</p><p>That opportunity is here again. <strong>Applications for the&nbsp;</strong><a href="https://airtable.com/appaTqlTL2zQkXBBR/pagdkIvjQbvDbSD2F/form"><strong>2026 Summer Startup Launch</strong></a><strong> cohort are now open.</strong></p><p>If you’ve identified a meaningful problem, have begun talking to real users, or feel a pull to build something bigger than a class project, this is your moment. Startup Launch gives you the structure, support, and ecosystem to take your idea further than you ever thought possible.</p><p><strong>A Launchpad With a Proven Track Record</strong></p><p>In the past year alone, CREATE‑X founders have:</p><ul><li>Led their startup to successful acquisitions. </li><li>Raised six-figure funding rounds.</li><li>Gained acceptance into highly selective Y Combinator. </li><li>Built products used by customers, communities, and companies across industries.</li></ul><p>The ability to identify a problem, validate real user needs, build something that works, and communicate that value — that combination makes students stand out in a competitive job market. Employers notice it. Graduate programs notice it. And investors notice it.</p><p>This is why Startup Launch isn’t just a summer project.<br>It becomes a defining career asset.</p><p><strong>What You Get in Startup Launch</strong></p><p>Startup Launch is intentionally built to give students every advantage while they build their venture. This year, we’ve expanded support even further.</p><p>Participants receive:</p><ul><li><strong>$200,000 in-kind services like accounting and cloud credits.</strong> </li><li><strong>Dedicated coaching and mentorship</strong> from experienced founders and startup experts.</li><li><strong>Exclusive workshops and founder-focused programming.</strong></li><li><strong>Access to the CREATE-X network,</strong> a community of builders, investors, and potential customers.</li></ul><p>You’ll spend the summer fully immersed in your startup, surrounded by peers also tackling ambitious problems.</p><p>And you’ll leave with something real to show for it.</p><p><strong>Applications for the Summer 2026 cohort close March 17.&nbsp;</strong><a href="https://airtable.com/appaTqlTL2zQkXBBR/pagdkIvjQbvDbSD2F/form"><strong>Apply to Startup Launch today</strong></a>.</p>]]></body>  <author>bdurham31</author>  <status>1</status>  <created>1770065297</created>  <gmt_created>2026-02-02 20:48:17</gmt_created>  <changed>1770065308</changed>  <gmt_changed>2026-02-02 20:48:28</gmt_changed>  <promote>0</promote>  <sticky>0</sticky>  <teaser><![CDATA[CREATE-X’s Summer 2026 Startup Launch program invites students, faculty, alumni, and researchers to build meaningful startups with funding, mentorship, and access to the CREATE-X network.]]></teaser>  <type>news</type>  <sentence><![CDATA[CREATE-X’s Summer 2026 Startup Launch program invites students, faculty, alumni, and researchers to build meaningful startups with funding, mentorship, and access to the CREATE-X network.]]></sentence>  <summary><![CDATA[<p>CREATE-X’s Summer 2026 Startup Launch is open for students, faculty, alumni, and researchers to build real startups over 12-weeks with funding, mentorship, and proven entrepreneurial infrastructure. The program has a strong track record, with past founders raising funding, achieving acquisitions, and earning acceptance into highly selective accelerators. Participants receive $5k in optional seed funding, up to $200,000 in in-kind services, hands-on coaching, founder-focused workshops, and access to the CREATE‑X network. More than a summer experience, Startup Launch helps students build real ventures and stand out to employers, graduate programs, and investors.</p>]]></summary>  <dateline>2026-02-02T00:00:00-05:00</dateline>  <iso_dateline>2026-02-02T00:00:00-05:00</iso_dateline>  <gmt_dateline>2026-02-02 00:00:00</gmt_dateline>  <subtitle>    <![CDATA[]]>  </subtitle>  <sidebar><![CDATA[]]></sidebar>  <email><![CDATA[breanna.durham@gatech.edu]]></email>  <location></location>  <contact><![CDATA[<p>Breanna Durham</p><p>Marketing Strategist</p>]]></contact>  <boilerplate></boilerplate>  <boilerplate_text><![CDATA[]]></boilerplate_text>  <media>          <item>679162</item>      </media>  <hg_media>          <item>          <nid>679162</nid>          <type>image</type>          <title><![CDATA[Startup-Launch-2026-Promo-Web-Article--1200-x-630-px---1-_0.png]]></title>          <body><![CDATA[<p>Various founders pitch at Demo Day. "Apply for today. Get the advantage in the market."</p>]]></body>                      <image_name><![CDATA[Startup-Launch-2026-Promo-Web-Article--1200-x-630-px---1-_0.png]]></image_name>            <image_path><![CDATA[/sites/default/files/2026/02/02/Startup-Launch-2026-Promo-Web-Article--1200-x-630-px---1-_0.png]]></image_path>            <image_full_path><![CDATA[http://hg.gatech.edu//sites/default/files/2026/02/02/Startup-Launch-2026-Promo-Web-Article--1200-x-630-px---1-_0.png]]></image_full_path>            <image_740><![CDATA[http://hg.gatech.edu/sites/default/files/styles/740xx_scale/public/sites/default/files/2026/02/02/Startup-Launch-2026-Promo-Web-Article--1200-x-630-px---1-_0.png?itok=B39APgp_]]></image_740>            <image_mime>image/png</image_mime>            <image_alt><![CDATA[Various founders pitch at Demo Day. "Apply for today. Get the advantage in the market."]]></image_alt>                    <created>1770064835</created>          <gmt_created>2026-02-02 20:40:35</gmt_created>          <changed>1770065289</changed>          <gmt_changed>2026-02-02 20:48:09</gmt_changed>      </item>      </hg_media>  <related>          <link>        <url><![CDATA[https://airtable.com/appaTqlTL2zQkXBBR/pagdkIvjQbvDbSD2F/form]]></url>        <title><![CDATA[ Apply to Startup Launch ]]></title>      </link>      </related>  <files>      </files>  <groups>          <group id="583966"><![CDATA[CREATE-X]]></group>          <group id="655285"><![CDATA[GT Commercialization]]></group>          <group id="1188"><![CDATA[Research Horizons]]></group>      </groups>  <categories>          <category tid="139"><![CDATA[Business]]></category>          <category tid="194609"><![CDATA[Industry]]></category>          <category tid="134"><![CDATA[Student and Faculty]]></category>      </categories>  <news_terms>          <term tid="139"><![CDATA[Business]]></term>          <term tid="194609"><![CDATA[Industry]]></term>          <term tid="134"><![CDATA[Student and Faculty]]></term>      </news_terms>  <keywords>          <keyword tid="192255"><![CDATA[go-commercializationnews]]></keyword>      </keywords>  <core_research_areas>          <term tid="193658"><![CDATA[Commercialization]]></term>          <term tid="39501"><![CDATA[People and Technology]]></term>      </core_research_areas>  <news_room_topics>          <topic tid="106361"><![CDATA[Business and Economic Development]]></topic>      </news_room_topics>  <files></files>  <related></related>  <userdata><![CDATA[]]></userdata></node></nodes>