Please see below for Top 40 FAQs
Q. Is there a fee to apply to be a Top Innovative Company?
Answer: No. Applying to be a Top 40 company is free of charge.
Q. Is there a fee if we are selected?
Answer: There is no charge for selected companies that qualify for a scholarship, as discussed above. If your company is selected and does not qualify for a scholarship, you will be required to purchase a display table at The Summit, as the intent of the awards is to showcase Georgia innovation. The cost for a display table is $1,000, which is considerably less than what would generally be charged for a presence at an event of this size, and two seats to The Summit are included, which is an approximate $200 in value as well. If you need additional seats, these are available at discounted rates for the Top 40 companies ($1,250 for a display table and 5 seats, etc.)
Q. Can we be a Top 40 company and either (i) not pay at least $1,000 to participate or (ii) pay the $1,000 but not participate in the trade show exhibition?
Answer: No. Unless you qualify for a scholarship (see next Q&A), you are required to choose a level of participation and make the associated payment. Also, you cannot be recognized as a Top 40 company unless you participate in the trade show. The purpose of the Top 40 program is to display the innovative companies at the The Summit, and we want all Top 40 companies to be able to take advantage of the opportunity. Therefore, we ask that you consider all of the benefits of being a Top 40 company before you apply, and agree that participation and recognition are worth at least $1,000 to your company.
Q. Okay we’ve investigated it, and we agree it is worth a lot more than $1,000, but we don’t have $1,000. Tell us about TAG's scholarship program.
Answer: Each year, TAG sets aside scholarship funds for up to 10 winners that can’t afford to pay for their display table. TAG does this in recognition of how important early-stage companies are to the local innovative and competitive landscape. Only winners who (i) have received an aggregate of less than $250,000 in financing and (ii) have FY 2016 revenue of less than $1,000,000 will be eligible for a scholarship. Even then, the Committee will determine scholarship recipients in its sole discretion. Please indicate in advance if you believe you qualify and would like to be considered for one of the scholarships.
Q: We see the value, and I don’t think my company would qualify for a scholarship because of our revenue, but we don’t want to spend $1,000 on a display table at The Summit. Should we still apply?
Answer: The top 40 Awards may not be for you. The Technology Association of Georgia and our partners have several programs that are directed towards innovative companies that have no cost (e.g., Venture Atlanta) or a nominal cost (e.g., CapVenture, etc.) We would encourage you to take advantage of these programs and just plan on enjoying The Summit as an attendee, along with the rest of the technology community.