State of Startups 2016

 

Four Athens

Mission: To make Athens a hub for high growth startups in the Southeast.

Our four pillars:

  • T

    Talent

  • E

    Education

  • C

    Community

  • H

    High Growth

Talent

Recruiting, developing, and connecting expertise with opportunities in our member companies.

Education

Teaching both youth and adults the skills high growth startups need.

Community

Networking and support for the entrepreneurial community.

High Growth

Helping startups connect with investors, mentors and the resources they need.

High Growth Startup (n):

A company with a business model that is designed to be repeatable and scalable

Our members raised $765k in outside capital

In 2016

In 2016, Four Athens members:

Reported $22.7mil in revenue

Hired for 70 positions with an average salary of $44k/year

Up from ~$350k in revenue and 12 new jobs at $22k/year in 2013

Estimated Economic Impact

$46mil added to the GA economy

148 ancillary jobs created

Source: Georgia Research Alliance, 'Methodology for GRA Economic Impact Study'

19 of our members plan on hiring for 43 positions

In the first half of 2017

Who we taught in 2016:

52 Adults in our Code Classes

230 Kids in our Youth Code Camps and After School Programs

43 Scholarships to our Youth Coding Programs

Our Goal for 2017: 200 Scholarships

Goals for 2017:

  • Develop better methods for measuring economic impact

  • Re-align memberships to reflect diversity of the community

  • Find a dedicated and consolidated space to strengthen our four pillars

  • Coordinate with government, university, and community organizations to amplify our efforts to make Athens a high growth startup hub

Thank you to all of our community partners and sponsors!

We are part of a larger ecosystem that is working to help Athens realize its potential.

Special thanks to My Athens for photo permission use.