{"669837":{"#nid":"669837","#data":{"type":"news","title":"Georgia Tech Celebrates the Launch of Over 100 Startups at Demo Day","body":[{"value":"\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003EFor the 10th \u003Ca href=\u0022https:\/\/create-x.gatech.edu\/demoday\u0022\u003EDemo Day\u003C\/a\u003E, the Tech community came out in droves to support 75 Georgia Tech startups created by students, alumni, and faculty. In booths spread out in Exhibition Hall, they displayed their products, which ranged from AI and robotic training gear to fungi fashion, and more. Over four hours, \u003Cspan\u003E\u003Cspan\u003Emore than 1,500 people filed in and out of the hall. Founders pitched their innovations to business and community leaders, as well as students and the public, eager to witness groundbreaking innovations across various industries. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003EKiandra Peart, co-founder of \u003Ca href=\u0022https:\/\/create-x.gatech.edu\/node\/3053\u0022\u003EReinvend\u003C\/a\u003E, said the amount of people surprised her.\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u201cAfter the first VIP session was over, hundreds of people were just flooding through the door at all times,\u201d she said. \u201cWe had to give the pitch a million times to explain it to a lot of different people, but they seemed really, really engaged, and we were also able to get a few interactions.\u201d \u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003EReinvend is working through a potential deal with Tech Dining on using their vending machines, which would expand food options for students after dining halls close.\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EDemo Day is the culmination of the 12-week summer accelerator, \u003C\/span\u003E\u003C\/span\u003E\u003Ca href=\u0022https:\/\/create-x.gatech.edu\/launch\/startup-launch\u0022\u003E\u003Cspan\u003EStartup Launch\u003C\/span\u003E\u003C\/a\u003E\u003Cspan\u003E\u003Cspan\u003E, where founders learn about entrepreneurship and build out their businesses with the support of mentors. Along with guidance from experts in business, teams receive $5,000 in optional funding and $30,000 of in-kind services. This year, the program had over 100 startups and 250 founders, continuing the growth trend for \u003C\/span\u003E\u003C\/span\u003E\u003Ca href=\u0022https:\/\/create-x.gatech.edu\/\u0022\u003E\u003Cspan\u003ECREATE-X\u003C\/span\u003E\u003C\/a\u003E\u003Cspan\u003E\u003Cspan\u003E. The program aims to eventually support the launch of 300 startups per year. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EPeart said the experience taught the team how to better pitch to potential clients and formulate a call to action after a successful interaction. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003ESince its inception in 2014, CREATE-X has had more than 5,000 participate in their programming, which is segmented in three areas: Learn, Make, and Launch. Besides providing resources, the program also helps founders through its rich entrepreneurial ecosystem. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u201cWe want to increase access to entrepreneurship. That\u2019s the heart of the program, and it\u2019s the goal to have everyone in the Tech community to have entrepreneurial confidence. The energy and passion of our founders to solve real-world problems \u2014 it\u2019s palpable at Demo Day. I\u2019d say it\u2019s the best place to see what we\u2019re about and understand what this program offers,\u201d said \u003C\/span\u003E\u003C\/span\u003E\u003Cspan\u003E\u003Cspan\u003ERahul Saxena, director of CREATE-X, who also reminded founders that the connections they make here would last for years\u003C\/span\u003E\u003C\/span\u003E\u003Cspan\u003E\u003Cspan\u003E. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EAt its core, CREATE-X is a community geared toward innovation. Participants were at the forefront of integrating OpenAI\u0027s GPT-3 when it was not yet widely adopted. They share their insights with each other, and the program has mentors coming back from even the very first cohort. Starting with eight teams, CREATE-X has now launched more than 400 startup teams, with founders representing 38 academic majors. Its total startup portfolio valuation is above $1.9 billion. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EPeart compared CREATE-X to an energy drink.\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u201cAfter going through the program, I was really able to refine my ideas, talk with other people, and now that the program is over, I feel energized,\u201d she said. \u201cI think that having an accelerator right at home allows students who may have never considered starting a company, or didn\u0027t have access to an accelerator, to actually utilize their resources from their school and their own community to get their companies started.\u201d\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EAlthough Demo Day just ended, CREATE-X is already gearing up for \u0026nbsp;the next cohort. Applications for Startup Launch opened Aug. 31, the same day as Demo Day. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u201cConsider interning for yourself next summer,\u201d said Saxena. \u201cWe know you have ideas about solutions to address global challenges. You\u2019re at Tech; you have the talent. Let us help you with the resources and support system.\u201d\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003EGeorgia Tech students, alumni, and faculty can \u003Ca href=\u0022https:\/\/create-x.gatech.edu\/launch\/startup-launch\u0022\u003Eapply to GT Startup Launc\u003C\/a\u003Eh now. The priority deadline is Nov. 6. To learn more about \u003Ca href=\u0022https:\/\/create-x.gatech.edu\/\u0022\u003ECREATE-X\u003C\/a\u003E, find \u003Ca href=\u0022https:\/\/gatech.campuslabs.com\/engage\/organization\/create-x\/events\u0022\u003ECREATE-X events\u003C\/a\u003E to build a startup team, or learn more about entrepreneurship, visit th CREATE-X website\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n","summary":"","format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003EFor four hours, Georgia Tech startup founders displayed their products, which ranged from AI and robotic training gear to fungi fashion, and more, at the 10th Demo Day.\u0026nbsp;\u003Cspan\u003E\u003Cspan\u003EDemo Day is the culmination of the 12-week summer accelerator, \u003C\/span\u003E\u003C\/span\u003E\u003Ca href=\u0022https:\/\/create-x.gatech.edu\/launch\/startup-launch\u0022\u003E\u003Cspan\u003EStartup Launch\u003C\/span\u003E\u003C\/a\u003E\u003Cspan\u003E\u003Cspan\u003E, where founders learn about entrepreneurship and build out their businesses with the support of mentors. This year, the program had over 100 startups and 250 founders, continuing the growth trend for \u003C\/span\u003E\u003C\/span\u003E\u003Ca href=\u0022https:\/\/create-x.gatech.edu\/\u0022\u003E\u003Cspan\u003ECREATE-X\u003C\/span\u003E\u003C\/a\u003E\u003Cspan\u003E\u003Cspan\u003E.\u0026nbsp;\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"Over 1,500 people came to support 75 Georgia Tech startups created by students, alumni, and faculty for Demo Day."}],"uid":"36436","created_gmt":"2023-09-21 20:18:48","changed_gmt":"2023-09-21 20:24:47","author":"bdurham31","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2023-09-21T00:00:00-04:00","iso_date":"2023-09-21T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"671792":{"id":"671792","type":"image","title":"Demo Day 2023 Hall Image","body":null,"created":"1695327625","gmt_created":"2023-09-21 20:20:25","changed":"1695327625","gmt_changed":"2023-09-21 20:20:25","alt":"At booths, Georgia Tech founders showcase their new products to a crowded exhibition hall with people from the Georgia Tech community, as well as the public and business community.","file":{"fid":"254919","name":"DSC_0425-1.png","image_path":"\/sites\/default\/files\/2023\/09\/21\/DSC_0425-1.png","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/2023\/09\/21\/DSC_0425-1.png","mime":"image\/png","size":30540068,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2023\/09\/21\/DSC_0425-1.png?itok=3IDWTyA3"}}},"media_ids":["671792"],"groups":[{"id":"583966","name":"CREATE-X"},{"id":"655285","name":"GT Commercialization"},{"id":"1188","name":"Research Horizons"}],"categories":[],"keywords":[{"id":"137161","name":"CREATE-X"},{"id":"166994","name":"startups"},{"id":"166990","name":"showcase"},{"id":"3905","name":"exhibition"},{"id":"3472","name":"entrepreneurship"},{"id":"1037","name":"tech"},{"id":"1072","name":"Business"},{"id":"2161","name":"founders"}],"core_research_areas":[{"id":"39441","name":"Bioengineering and Bioscience"},{"id":"39431","name":"Data Engineering and Science"},{"id":"39451","name":"Electronics and Nanotechnology"},{"id":"39531","name":"Energy and Sustainable Infrastructure"},{"id":"39461","name":"Manufacturing, Trade, and Logistics"},{"id":"39471","name":"Materials"},{"id":"39501","name":"People and Technology"},{"id":"39491","name":"Renewable Bioproducts"},{"id":"39521","name":"Robotics"}],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EBreanna Durham\u003C\/p\u003E\r\n\r\n\u003Cp\u003EMarketing Strategist\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n","format":"limited_html"}],"email":["breanna.durham@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}