After months of meetings and discussions, the Atlanta city council passed a new ordinance this week regulating Uber and Lyft picking up passengers at Hartsfield-Jackson Airport. Right now many drivers park in the airport's cell phone lot and wait for passengers…which is not allowed.
Starting January first - they will have a designated staging area – similar to taxis. There will also be new fees for passengers grabbing a ride from the airport. $1.50 per ride fee for taxis, limos and ride share services, plus another $2.35 to cover airport security costs, a total of $3.85 per ride.
Not in the ordinance: required fingerprinting of ride share drivers, which the city spent considerable time discussing. Instead Uber and Lyft will be able to use private criminal background checks. And ride-sharing and taxi vehicles will also need to be seven-years-old or newer. Uber and Lyft drivers will also have to display a decal on their vehicles at the airport, but this does not impact Uber and Lyft throughout all of Atlanta, only for ride share drivers picking up passengers at Hartsfield-Jackson. READ MORE
Midtown is now a major player when it comes to bringing in new business to Georgia. AT&T Mobility, home depot and n-c-r are already making their mark on Tech Square. Last month, GE announced that it’s also moving in with a $3 million global digital operations center in tech square. Now Virginia-based CapTech is one of Midtown's newest neighbors. The management IT consulting firm opened an office as part of their Atlanta expansion. They plan to add 50 jobs in the next two years. READ MORE
And UCB Inc. Is also heading to Tech Square. According to the Atlanta Business Journal, the Brussels-based drug development company plans to open an innovation center at Georgia Tech. The Company’s North American headquarters is in Smyrna. They're reportedly making this move to tap into Georgia tech's resources. READ MORE
Greensky has entered into a partnership up with Fifth-Third. The agreement allows fifth-third to originate loans through Greensky and offer Greensky's financing to customers. Fifth-Third will also license Greensky's technology and implement it into their online and mobile platforms. Fifth-Third will, in turn, invest $50 million into Greensky and provide financing for up to $500 million in loans originating through the FinTech Company. READ MORE
Luma, makers of the surround Wi-Fi router has raised another $7 million in series A funding. That brings their total funding up to $22 million. They plan to use the capital to grow their team and expand their product adoption. READ MORE
And Equifax is partnering with BizEquity in a move bring big data to small businesses. BizEquity provides business valuation big data. Atlanta-based Equifax will license some of BizEquity’s data assets to give financial businesses like banks and wealth managers leads, contacts, and business valuation tools. READ MORE
Atlanta is one of the hottest markets when it comes to Cybersecurity jobs. Randstad technologies released their report on the top 12 US cities with the highest demand for Cybersecurity talent and the most jobs available in the industry. It's no surprise that major cities like New York and LA made the list, but smaller tech hubs including Austin and Phoenix were also in the top 12. Randstad says demand for Cybersecurity talent has increased 35% over the last two years. READ MORE
Serial Entrepreneur Allen Nance is the Co-Founder of Tech Square Labs. He sad down with 3Ci President Rob MacLane on Remote Access to talk about his view of the startup scene and their new funding competition: Atlanta Startup Battle.
- Atlanta Startup Village
- Fashion and Tech: A Night with Pioneers
- Coca-Cola/ Turner Bridge Innovation Showcase
- Wearing the Future