Central Georgia Technical College has developed a partnership to provide a Virtual Office Incubator for a Danish medical company, in the first venture of its kind initiated by the college.
EGMEDICAL Inc., a health sciences company based in Denmark, manufactures EASYTOR®, a hand controlled guide wire torque used by cardiologists to provide better accuracy in medical procedures. EGMEDICAL is looking to expand its global operations and establish an office in the United States.
The incubator partnership was developed by Central Georgia Technical College to serve the needs of the growing international business community in Central Georgia. EGMEDICAL, Inc. noted that the presence of the Royal Danish Consulate in Macon was an important factor in locating in Macon.
Through the Virtual Office Incubator, EGMEDICAL will have access to a dedicated phone and fax line as well as a U.S. mailing address. Correspondence will be answered and handled by staff in CGTC’s Office of Economic Development and Community Relations, housed at the college’s Macon Campus.
Virtual incubators are an outgrowth of the original concept of business incubators, developed in the 1960's, as a mechanism for assisting startup companies who need support to get their ideas off the ground – mostly through physical space, communications and other technical guidance. Incubators gained widespread popularity in the 1990's. When the "dot-com bubble" burst occurred in 2000, so did many high-tech incubators. Many that survived adapted and later switched to a virtual model.
EGMEDICAL President Georg Vind is very excited about the partnership. "It is a pleasure to have developed this relationship with Central Georgia Technical College to help us open our company in the United States,” Vind said. "Our business is on the radar of many people around the world, and we hope this will grow into a long-term partnership. I also like the college’s first-class facilities. This is a great opportunity. I can’t wait to get our first piece of mail."
Central Georgia Technical College President Dr. Ronald D. Natale, II says the virtual office incubator will hopefully open the doors to the college working more with global companies. "As more international companies look at Central Georgia as a location to establish their businesses, it is only fitting and logical that CGTC develops partnerships to help attract these industries,” Natale said. "We provide the necessary office communications, which frees them to focus on establishing their operations in the U.S. Hopefully, they will do so here in Macon and develop a strong relationship with our health sciences programs and students."
Pictured from left to right are: Christopher Smith, Royal Danish Consulate; EGMEDICAL, Inc. President Georg Vind; CGTC President Dr. Ronald D. Natale, II; and CGTC Vice President for Economic Development and Community Relations Becky Lee.