{"663241":{"#nid":"663241","#data":{"type":"news","title":"BioSpark Labs Announces Expansion to Support Life Sciences Research in Science Square","body":[{"value":"\u003Cp\u003EGeorgia Advanced Technology Ventures Inc., an affiliate of the Georgia Institute of Technology, has announced the expansion of \u003Ca href=\u0022https:\/\/www.biosparklabs.com\/\u0022\u003EBioSpark Labs\u003C\/a\u003E \u2014 a collaborative, shared laboratory environment designed to enable life sciences and biotech startups. The $6 million expansion will increase the facility\u2019s usable footprint to 17,000 square feet by adding 11 new private and shared labs, shared scientific equipment spaces, and additional workspaces and offices to attract and support the emerging researchers in the bioscience industry.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EBioSpark Labs is already home to several bioscience startups, including Arnav Biotech, Exvade Bioscience, SynthBiome, and Karnelian X, an innovator in cancer treatment with significant expansion plans. Microelectronics startup Saras Micro Devices also occupies space in BioSpark Labs.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u201cBioSpark Labs is designed to offer fully fitted-out, equipped, and professionally operated laboratory and office space \u2014 representing a significant amount of the necessary services and support that early-stage companies need to begin laboratory operations on day one,\u201d said Tony Zivalich, associate vice president for Real Estate Development. \u201cIn addition, it offers an intellectually and culturally enhanced environment with a neighborhood of researchers participating in a rich collaborative community environment adjacent to Georgia Tech.\u201d\u003C\/p\u003E\r\n\r\n\u003Cp\u003ELocated in Science Square, which is designated as a federal opportunity zone, BioSpark Labs helps advance and expand the ecosystem for bioscience research and commercialization in Atlanta. The planned expansion is expected to be completed by mid-2023.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EAbout Georgia Advanced Technology Ventures Inc.\u003C\/strong\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EGeorgia Advanced Technology Ventures Inc. (GATV) is a legally separate, not-for-profit corporation that is organized and operated exclusively as a supporting organization to and for the benefit of the Georgia Institute of Technology.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EGATV\u2019s primary business purpose is to facilitate innovation and business collaboration with private enterprise, including but not limited to business, industry, entrepreneurs, and economic developers, and utilizing emerging technologies that are aligned with the strengths in research and education of Georgia Tech.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EGATV provides support for technology transfer and economic development activities, including the Institute\u2019s Advanced Technology Development Center (ATDC) incubator facilities and services to ATDC-affiliated companies.\u0026nbsp;\u003C\/p\u003E\r\n","summary":"","format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EGeorgia Advanced Technology Ventures Inc., an affiliate of the Georgia Institute of Technology, has announced the expansion of \u003Ca href=\u0022https:\/\/www.biosparklabs.com\/\u0022\u003EBioSpark Labs\u003C\/a\u003E.\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"Georgia Advanced Technology Ventures Inc., an affiliate of the Georgia Institute of Technology, has announced the expansion of BioSpark Labs."}],"uid":"27164","created_gmt":"2022-11-16 15:42:55","changed_gmt":"2023-08-07 13:41:34","author":"Rachael Pocklington","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2022-11-16T00:00:00-05:00","iso_date":"2022-11-16T00:00:00-05:00","tz":"America\/New_York"},"extras":[],"hg_media":{"663242":{"id":"663242","type":"image","title":"BioSpark Labs: Phase I and Phase II Expansion Plans","body":null,"created":"1668613925","gmt_created":"2022-11-16 15:52:05","changed":"1668613925","gmt_changed":"2022-11-16 15:52:05","alt":"BioSpark Labs Expansion Plans","file":{"fid":"251079","name":"BioSpark Labs Phase I and Phase II_Page_02.jpg","image_path":"\/sites\/default\/files\/images\/BioSpark%20Labs%20Phase%20I%20and%20Phase%20II_Page_02.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/BioSpark%20Labs%20Phase%20I%20and%20Phase%20II_Page_02.jpg","mime":"image\/jpeg","size":332500,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/BioSpark%20Labs%20Phase%20I%20and%20Phase%20II_Page_02.jpg?itok=TW9o-pec"}}},"media_ids":["663242"],"related_links":[{"url":"https:\/\/www.biosparklabs.com\/","title":"BioSpark Labs"},{"url":"https:\/\/gatv.gatech.edu\/","title":"Georgia Advanced Technology Ventures, Inc."},{"url":"https:\/\/realestate.gatech.edu\/","title":"Office of Real Estate Development"}],"groups":[{"id":"64319","name":"Administration and Finance"},{"id":"1317","name":"News Briefs"},{"id":"1214","name":"News Room"},{"id":"1293","name":"Office of Real Estate Development"}],"categories":[],"keywords":[{"id":"191647","name":"BioSpark Labs"},{"id":"191083","name":"science square"},{"id":"13492","name":"Commercial Real Estate"}],"core_research_areas":[],"news_room_topics":[{"id":"106361","name":"Business and Economic Development"},{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Ca href=\u0022mailto:tony.zivalich@gatech.edu\u0022\u003ETony Zivalich\u003C\/a\u003E\u003Cbr \/\u003E\r\nAssociate Vice President for Real Estate\u003Cbr \/\u003E\r\nOffice: 404.385.2692\u003C\/p\u003E\r\n","format":"limited_html"}],"email":[],"slides":[],"orientation":[],"userdata":""}}}