Category: Atlanta

The highly-anticipated Adair Court project has began in earnest after a recent groundbreaking ceremony. The project, located in a coveted spot between MARTA’s West End Station, Adair Park and the Atlanta BeltLine Westside Trail, will be a 91-unit mixed-income senior rental community.

Atlanta Mayor Keisha Lance Bottoms and other city officials were on hand for the groundbreaking, which signaled the city’s efforts to sustain affordable housing amid a real estate boom that is being accelerated by the Beltline.

“Adair Court provides affordable housing that targets one of our city’s most vulnerable populations – our seniors,” Bottoms said in a news release. “This development and others like it are a direct result of the city’s concerted efforts to secure affordability and preserve legacy residences with the help of Invest Atlanta and the Atlanta BeltLine.”

Woda Cooper Companies, Inc. and Parallel Housing, Inc. are the developers on the project, which will cost $15 million.

Of the 91 units, 77 will be income-restricted based on the area median income.

Techstars Atlanta, presented in partnership with Cox Enterprises, recently announced the 10 companies that earned coveted spots in its startup accelerator program for 2018.

Applications were received from 42 countries around the globe, and the chosen participants hail from six U.S. states and Israel. This is the third class of the Techstars program in Atlanta, which boasts a worldwide network of successful entrepreneurs and investors.

“In 2016, Techstars Atlanta entered the ecosystem as a startup itself and we focused heavily on leveraging the global Techstars network to make a name for ourselves,” said Techstars Atlanta’s Managing Director Michael Cohn. “We traveled extensively, building relationships in cities from Cincinnati to Chattanooga, and from Tel Aviv to Miami. Throughout the Southeast, we left no stone unturned in our hunt for the best and brightest entrepreneurs to participate in this program. The broad network of supporters we have established enabled us to recruit 10 excellent startups for Techstars Atlanta this year, and we’re extremely excited to begin working with each of them.”

Techstars Atlanta continues to be housed at Ponce City Market. Over 90 days of rapid acceleration, the entrepreneurs will build their business network, receive individualized support and learn the building blocks of a successful business – all while being embedded in Atlanta. The program kicks off with mentor madness, where more than 1,000 hours of mentorship is provided by the region’s leading subject matter experts.

“Cox is proud to support our city’s start-up ecosystem and bright, bold innovators through Techstars Atlanta,” said Cox Enterprises President and CEO Alex Taylor. “We’re excited to see the great energy and ideas each of these entrepreneurs will bring to life over the next 90 days and we look forward to helping them build successful businesses.”

The program culminates in a Demo Day Oct. 15, where participants have a chance to pitch their unique business plan to hundreds of investors and community supporters. For a peek at Demo Day in action, check out this video of last year’s event.

“Techstars is the gold standard for accelerators around the world, and we couldn’t be more excited to be a part of such a global network,” said PowerSpike Founder Angelo Damiano. “We anticipate the next three months to be a period of tremendous change and growth for PowerSpike, but our team is prepared for the challenges ahead, and thrilled to embark on this journey. We want to take our company from a successful college dorm room startup, and build it into a world–class business, and we couldn’t be happier than to partner with Techstars Atlanta and Cox to make that happen,

Techstars Atlanta’s 2018 Class (Company’s Founding Location):

BigTeam (Atlanta, GA) | A platform that allows modern marketing, product, customer experience, and innovation teams to generate actionable feedback from employees, clients, and stakeholders.

CaribShopper (Miami, FL) | A platform that enables underbanked customers in developing nations with the ability to participate in e-commerce by providing them with accessible cash-to-credit facilities and simplified freight-forwarding.

Case Status (Charleston, SC) | An application that assists attorneys in keeping clients up-to-date on case status, allowing them to focus on more high-value work.

Cemento (Tel Aviv, Israel) | A commercial real estate construction collaboration application for general contractors and subcontractors that provides visibility to all stakeholders to ensure that projects are delivered on time and on budget.

CommissionTrac (Atlanta, GA) | A cloud-based software for commercial real estate firms that streamlines tedious back office accounting and commission management.

Fixel (Tel Aviv, Israel) | A fully-autonomous platform that helps marketers create and manage more efficient customer segments by ranking them based on their level of engagement.

Motivo (Chattanooga, TN) | An online platform that connects aspiring mental health professionals seeking licensure with clinical supervisors through live, HIPAA-compliant video.

PadSplit (Atlanta, GA) | A solution for landlords that enables them to provide affordable shared living experiences to the workforce.

PowerSpike (Albany, NY) | A platform that connects streamers with brands in a fully-managed eSports influencer marketing platform.

SAWA (Cincinnati, OH) | A virtual graphic designer that allows teams to create consistent, branded designs for commonly needed communications.