Atlanta, GA (February 20, 2024) - Georgia Banking Company (GBC), a leading local community bank committed to fostering innovation and economic growth in the region, today announced a new collaboration with the Advanced Technology Development Center (ATDC), the state of Georgia's technology startup incubator.

This strategic alliance marks a significant milestone in the collaboration between academia and industry, reinforcing the commitment of both organizations to drive economic development, support startups, and nurture entrepreneurship within the state of Georgia.

GBC's Payments & Technology Banking Group President Nathan Ottinger expressed enthusiasm for the collaboration, stating, "We are proud to support the incredible work happening at ATDC. Innovation is a driving force for economic growth, and through this partnership, we aim to provide startups with the financial tools and expertise they need to thrive. Together, we will foster a culture of entrepreneurship that contributes to the overall prosperity of our community."

ATDC, a program of Georgia Tech's Enterprise Innovation Institute, is widely recognized as one of the nation's premier technology incubators, providing startups with resources, mentorship, and a vibrant community to accelerate their growth. By joining forces with GBC, ATDC aims to enhance emerging companies' financial and strategic support, further propelling their success in the marketplace. "We are thrilled to embark on this journey with GBC," ATDC Director John Avery said. "This collaboration aligns perfectly with our mission to empower entrepreneurs and startups, and we believe that the financial expertise and resources provided by GBC will be invaluable in fueling the innovation ecosystem in Georgia."

As a key sponsor of ATDC's educational programming and curriculum, GBC brings a wealth of financial acumen and a solid commitment to the local community. The bank will contribute financial support and play an active role in mentoring and guiding startups on financial strategies, banking solutions, and other critical aspects of business development.

"Georgia Banking Company continues our legacy of convening corporate sponsors who are dedicated to seeing our startup ecosystem thrive," said Aubrey Lenyard, ATDC community engagement manager. "The resources they bring to our startup community ensures that we will continue to help our companies learn, launch, scale, and succeed."

Georgia Banking Company, a locally owned community bank headquartered in Atlanta, GA, stands at the forefront of financial excellence. As of December 31, 2023, GBC proudly reports approximately $1.75 billion in total assets, a testament to its unwavering commitment to financial strength and stability. Guided by the leadership of fifth-generation banker CEO Bartow Morgan, Jr., GBC is more than just a financial institution - it is the Bank of Choice for Metro Atlanta. The dedicated and experienced team at GBC shares a profound passion for service excellence and community impact, driving the bank to be at the forefront of financial innovation. With a clear commitment to fostering economic growth and supporting local communities, GBC employs cutting-edge technology and strategic partnerships to deliver an exceptional client experience. The bank believes in leveraging the latest advancements to meet the evolving needs of its customers while maintaining the personal touch that defines community banking.

In recognition of its outstanding workplace culture and commitment to its employees, GBC was honored to be named a 2023 Top Workplace by the Atlanta-Journal Constitution. This accolade reflects the bank's dedication to creating a positive and rewarding environment for its team members. To discover more about Georgia Banking Company and its steadfast commitment to personalized financial solutions, please visit GeorgiaBanking.com. Member FDIC

Advanced Technology Development Center (ATDC) The Advanced Technology Development Center (ATDC), a program of the Georgia Institute of Technology, is the state of Georgia's technology startup incubator. Founded in 1980 by the Georgia General Assembly which funds it each year, ATDC's mission is to work with entrepreneurs in Georgia to help them learn, launch, scale, and succeed in the creation of viable, disruptive technology companies. Since its founding, ATDC, a program of Georgia Tech's Enterprise Innovation Institute, has grown to become the longest running and one of the most successful university-affiliated incubators in the United States, with its graduate startup companies raising $3 billion in investment financing and generating more than $12 billion in revenue in the state of Georgia. To learn more, visit atdc.org.

Media Contacts:

Margaret Whieldon
Georgia Banking Company
SVP/Director of Marketing
mwhieldon@GeorgiaBanking.com

Peralte C. Paul
ATDC
Director of Communications
peralte@atdc.org
404.316.1210