Peek At Startup Incubator in Peachtree Corners Draws Crowd

PEACHTREE CORNERS, GA -- A crowd of nearly 200 people showed up last week to sneak a peek at a new business incubator in Peachtree Corners.

Prototype Prime, located in former office space currently being renovated below city hall, is set to open in July.

Wednesday night's event was held at nearby Global Aviation.

The city of Peachtree Corners is partnering with Georgia Tech's Advanced Technology Development Center on the incubator.

Georgia Tech will offer support by providing expertise and resources during the incubator's launch and subsequent operation.

"We were delighted with the turnout," said Sanjay Parekh, the executive director for Prototype Prime. "There is a huge need for a business incubator in this area. We are already receiving feedback from many who are interested in being part of the program."

The incubator will provide working space and access to education, tools, venture capitalists and more to help entrepreneurs launch and scale their startups, organizers say.

"It’s a win-win for communities with a successful incubator," said Mayor Mike Mason. "Not only is the success much greater when there is an incubator program to help support startups in their early years, those new business owners tend to stay in the same community adding jobs as their businesses grow."

The new incubator will be located in Technology Park which was established in the 1970s and ‘80s and has been considered a hub for innovators.