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Honeywell Joins Atlanta-based Engage to Help City Grow as a Leading Innovation Hub

ATLANTA, August 26, 2021 — Honeywell (NASDAQ: HON) announced today that it has joined Atlanta-based Engage, a collaborative innovation and corporate venture platform that is dedicated to promoting the city as a technology hub. Honeywell Connected Enterprise is based in Midtown Atlanta and is one of the city’s leading businesses in the enterprise software industry. Honeywell and other leading Atlanta companies in Engage are helping high-growth startups accelerate their enterprise go-to-market strategies through collaboration with Fortune 500 organizations. Through the partnership, Honeywell will work with entrepreneurs who are developing new business ideas and participate in Engage’s bi-annual Enterprise Go-To-Market program. Additionally, getting plugged into this innovation ecosystem will create experiences for Honeywell employees to advance their entrepreneurial capability and gain exposure to leading innovators, top researchers, and ambitious startup founders.

Que Dallara, President & CEO of Honeywell Connected Enterprise and Engage Board Member

“Honeywell is proud to call Atlanta home for our software business, and we share a common goal with Engage in helping businesses grow through new technology,” said Que Dallara, president and CEO of Honeywell Connected Enterprise. “We believe this is an important partnership to assist organizations here and in the surrounding region as Atlanta rapidly expands as an innovation hub.”

In addition to Honeywell Connected Enterprise’s investment into the fund that supports the Engage program, which is managed by Tech Square Ventures, Dallara will join Engage’s Board of Directors. Usman Shuja, vice president and general manager of Connected Buildings, will become a member of the Advisory Board.

“Honeywell is a leading innovator in enterprise software and brings valuable leadership, future-forward ideas, and strategic execution to Engage,” said Daley Ervin, managing director of Engage. “We are looking forward to the expertise that Honeywell will bring to our network of senior executives and entrepreneurs working together in the pursuit of industry-changing technology.”

“Supporting startups and entrepreneurs through Engage is an opportunity for Honeywell to invest in Atlanta’s innovation ecosystem,” Shuja said. “By advising and partnering with some of nation’s newest transformative companies, we aspire to help them become well positioned for long-term growth. We believe the success of these new startups will strengthen the city’s international leadership as a center for innovation, particularly in the software and technology industries.”

By partnering with Engage, startups and entrepreneurs gain fresh insights to help them better achieve their strategic goals, understand new growth opportunities, and explore solutions to key business challenges. Engage also provides entrepreneurs with access to new customers and markets.

“As a founding partner of the Engage program, Georgia Pacific is pleased to see the continued commitment by leading enterprises to work with startups and grow the entrepreneurial ecosystem,” said Jim Hannan, Koch Industries executive vice president and CEO-Enterprises (Georgia Pacific is a Koch company), and Engage board member. “With Honeywell joining the platform, Engage will further accelerate its mission of strengthening corporate connectivity and fueling economic development across Atlanta and the Southeast.”

Usman Shuja, VP & General Manager of Honeywell Connected Buildings and Engage Advisory Board Member

About Honeywell: Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

About Engage: Engage is a first-of-its-kind collaborative innovation and corporate venture platform where category-leading corporations in the Southeast that have joined forces to support startups building the future of enterprise. Engage partners: Chick-fil-A, The Coca-Cola Company, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Georgia Tech, Goldman Sachs, The Home Depot, Honeywell Connected Enterprise, Inspire Brands, Intercontinental Exchange, Invesco, Invest Georgia, Tech Square Ventures, UPS, and Wellstar Health System. The Engage Fund is managed by Tech Square Ventures. Engage’s exclusive partnership with Georgia Tech, one of the country’s top research and technology commercialization universities, provides unique access to its startup, innovation, and research initiatives. Learn more about Engage at www.engage.vc.