The Startup Semester is a new undergraduate startup accelerator program at Georgia Tech. It is a tremendous opportunity for undergraduates who have an entrepreneurial interest or desire to learn more about product development. It's a 10-week program which provides structure, space, and mentorship and it's very similar to some of the recent programs developed in Stanford's "Lean Launchpad" and UT Austin's "1 Semester Startup". This program sources mentors from the Atlanta business community, ATDC, Startup Riot, etc. 

If you're interested in finding out more, then sign up at www.startupsemester.gatech.edu.