A total of 10 local corporates have each invested $1.5m in Engage, an accelerator and VC fund managed by Tech Square Ventures and supported by Georgia Institute of Technology.

Georgia Institute of Technology (Georgia Tech) has helped launch Engage, an accelerator and venture capital fund that is also supported by Atlanta mayor Kasim Reed and 10 corporations headquartered in the state.

The companies are telecom firm AT&T, fast food chain Chick-fil-a, conglomerate Cox Enterprises, airline Delta Air Lines, pulp and paper group Georgia-Pacific, financial services firm Intercontinental Exchange, investment manager Invesco, home improvement retailer Home Depot, logistics provider UPS and utility Georgia Power’s philanthropic arm, Georgia Power Foundation.

The…