In
The News
Below are selected excerpts from media coverage about Gwinnett
Innovation Park.
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Incubators and Their Success Stories
Forbes.com
October 19, 2006
How to hatch a business by using an incubator? Gwinnett Innovation
Park gives life to new companies. Is yours next?
Gwinnett Business Journal
August 2005
"Norcross
(Ga.)-based Intelligent Systems is a public company that invests in
early-stage technology ventures, including about 25% of the
companies in its incubator. The incubator, which opened in 1990,
houses about 16 to 20 companies, with space for offices and light
manufacturing. Tenants get below-market rates on 300 to 5,000 square
feet of space, and most graduate in three or four years. The
incubator's four-member senior management team has served on the
boards of 15 public and private companies, and worked as CEOs at
four companies. They now offer plenty of free advice to tenants. "We
consider it part of our investment," says Director Bonnie Herron.
It's paying off: Some 75% of the graduates are still in business or
have been acquired."
Business Week
Birds of a Different Feather
Winter 2005
"For-profit incubators in Atlanta can best be likened to designer blue jeans.
For the sake of this little analogy, let's assume that the Intelligent Systems
Incubator is a pair of good ol' Levi 501s. It's basic, not very sexy, just gets
the job done."
Catalyst Magazine
"On paper, the office
is about 145,000 square feet. In person, it seems more like a city
unto itself. The vast majority of the area is dedicated to the
incubator that ISC runs, the Intelligent Systems Incubator. A tiny
fraction is set aside for ISC, which has spent many years operating
the incubator. It has spent even more investing in and partnering
with a wide variety of other young technology firms. Many of them,
such as Peachtree Software, have become huge successes."
Gwinnett Magazine
"…high tech startups
are coddled by a team of industry veterans that include the center’s
founder, Leland Strange, a Technology Hall of Famer who founded
Quadram Corp., a PC hardware pioneer; director Bonnie Herron, who
used to run business development for Quadram; and Frank Marks, an
ex-product developer for IBM. Entrepreneurs clamor to become
residents at the 150,000-square-foot industrial park in order to tap
the management aegis of these directors, who remain on tap to give
advice".
Fortune Magazine
"Already acknowledged
as one of the foremost private incubators in the United States,
Intelligent System’s Shared Resource Technology Center can add
another feather to its cap. One of its companies, ChemFree Corp.,
has been named the Incubator Company of the Year in the
manufacturing industry by the National Business Incubation
Association".
Atlanta Business Chronicle
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