Save the date!

NBIA Partner

Volume 4 Issue 11
November, 2009

Got 5 minutes? Give us 20 answers

Tell NBIA about your business incubation program: Answer our 22-item questionnaire in your online profile. It really is quick – you probably can answer the first 13 questions off the top of your head. This information helps us monitor incubation trends and to generate our regular State of the Business Incubation Industry reports. Your information is confidential and will be reported only in aggregate. To complete the online questionnaire, contact the NBIA Membership Department to obtain your username and password and instructions on how to access your profile.

Where in the world is NBIA’s CEO?

In his ongoing effort to establish NBIA as a major international consultant and advocate of business incubation, the association’s newly appointed president and CEO, David Monkman, hit the road again – this time to Mexico – where he attended the 10th Mexican Association of SBDCs Annual Conference in Mérida, Yucatán.

Monkman met with several officials of the association and networked with other SBDC leaders from around the world. The meetings resulted in a plan to form an alliance between AMCDPE and NBIA.

“The opportunity is so great,” Monkman says. “They understand the need for an association and are interested in translating our material.”

While Monkman says the enthusiasm is high for such an alliance, the two associations will have to overcome some obstacles, including coming to a common concept of what business incubation means for Mexico and adopting best practice strategies to meet those needs. Currently, the funding system for start-up companies in Mexico flows exclusively through business incubators, making for a lot programs that use the term “business incubation” but do not actually provide the services. Leaders of AMCDPE estimate that of the 500 incubators established in Mexico, only 150 to 250 are viable incubation programs.

After attending NBIA’s 19th Fall Training Institute in Phoenix, Monkman plans to travel to Madrid in the hopes of establishing yet another association alliance.

Sponsors announced for 2009 FTI

NBIA thanks the following companies for supporting for the 2009 Fall Training Institute. Stop by their exhibit booths to learn how these sponsors can make your program stronger and your life easier!

Aon Affinity Insurance Services is the exclusive insurance partner for NBIA, offering competitive rates on essential insurance products and risk management services that can make your job as an incubator manager easier. You can add these insurance programs to your value proposition to attract new clients. Choose from health, life, dental/vision, property and general liability, pollution liability, errors and omissions, employment practices liability, directors and officers, and privacy and security. Visit us at www.nbiainsurance.com for more information.

A product of Cybergroup Inc., incuTrack offers solution-driven software to address and manage an incubator's administrative and facility management challenges. The software allows incubator managers to focus on their clients’ progress and success without the administrative headaches often associated with record keeping and reporting. Cybergroup is proud to be an NBIA Partner. Visit www.incutrack.com.

Officescape® is the leading office service provider utilizing advanced technology to fulfill office needs as a service. It has established the industry benchmark with its innovative Virtual Incubator solutions. Officescape offers the next-generation of office services today, by combining virtual office flexibility with physical office functionality.
www.officescape.com

How do you innovate?
We innovate through collaborative, sustainable design.
We are BSA LifeStructures, a full-service design firm creating inspiring environments for the entrepreneurial spirit. Please stop by our exhibit and give us the opportunity to inspire you. www.bsalifestructures.com

Live from Phoenix – it’s the NBIA Bookstore!

If you will be attending NBIA’s 19th Fall Training Institute in Phoenix, Nov. 16-18, be sure to stop by the NBIA Bookstore. Director of News and Information Linda Knopp will be there with items from our normal inventory, as well as valuable supplemental resources recommended by session presenters.

NBIA’s on-site bookstores are a great way to “look before you buy” at the targeted titles on business incubation and entrepreneurship we offer – many of them available only from NBIA. If you are an NBIA member, we can bill you later for your purchases. And if you don't want to take your books on the plane, we can ship them to you once the event is over, usually in less than a week.

As always, you can check out the full bookstore inventory at NBIA's International Conference on Business Incubation and 25th Anniversary Celebration in Orlando, Fla., May 16-19, 2010.

We hope to see you soon!

Who's News

Rural Enterprises of Oklahoma, based in Durant, Okla., has named Will Hutchinson as program manager of its business incubator and Foreign Trade Zone programs. In this role, he will oversee REI’s incubation programs in the communities of Ada, Allen, Bennington, Coalgate, Durant, Warner, Wetumka and Wewoka, Okla. Hutchinson previously worked as a product development engineer and product manager with Texas Instruments.

Emergent Technologies of Austin, Texas, has hired David Sougstad to serve as executive director of the Abilene Life Sciences Accelerator in Abilene, Texas. Last month, the Development Corporation of Abilene, sponsors of the incubation program, signed an agreement with ETI to provide business development and strategic management services to the incubator through ETI’s Innovation Services Group. Sougstad previously served as president and chief operating officer of Harrington Regional Medical Center in Amarillo, Texas.

Funding Notes

The North Texas Center for Medical Technology in Frisco, Texas, has received $600,000 from the Frisco Economic Development Corp. to build out 10,200 square feet of space in its 50,000-square-foot facility for two new incubator clients.

The Santa Cruz Redevelopment Agency of Santa Cruz, Calif., has received a $4.8 million grant from the U.S. Department of Commerce Economic Development Administration to renovate a former brownfields site for the Digital Media Center @ the Tannery, a business incubator for digital media companies.

Milestones

Groundbreaking

  • New Orleans BioInnovation Center in New Orleans, a four-story, 66,000-square-foot biotechnology incubator and research facility expected to open in late 2010.

Incubator opening

Additional facility

Awards

  • Two NBIA member organizations were among the six programs that received 2009 Excellence in TBED Awards at SSTI’s 13th Annual Conference in Overland Park, Kan., last month. SSTI, a national organization that supports efforts to improve state and regional economies through science, technology and innovation, presents these awards annually to recognize outstanding achievements in tech-based economic development.

    Among the winners were:

    TechColumbus, Columbus, Ohio, which was recognized in the Building Entrepreneurial Capacity Category for its TechStart Program.

    Connecticut Center for Advanced Technology, East Hartford, Conn., which received an award in the Enhancing the Science & Technology Workforce Category for its Education Initiative.

Special additions to our Web Closeouts

Tech incubator managers, take note: The NBIA Bookstore exhibited at the Appalachian Regional Commission conference in Athens, Ohio, last month, and a limited number of supplemental books stocked for the conference are available at an additional 10 percent discount online. These books are useful in advising green technology and renewable energy clients (and may give you ideas to “green up” your own life). To see what’s available, select the “Web Closeouts” category in the drop-down menu on the bookstore front page for your search. And do it soon – when these books are gone, they’re gone!

You are receiving this e-mail because you have either requested information or purchased a product or service from NBIA. You may change your information or decline to receive future mailings from NBIA by contacting rmorris@nbia.org or by mailing to NBIA, 20 E. Circle Drive #37198, Athens, OH 45701.

NBIA Insights is a publication of the membership department of the National Business Incubation Association, www.nbia.org.

If you have questions or comments about anything contained in this newsletter, please contact Leah Nairn, NBIA Insights editor and membership manager, at lnairn@nbia.org or call (740) 593-4331.

The National Business Incubation Association is the world’s leading organization advancing business incubation and entrepreneurship. It provides thousands of professionals with the information, education, advocacy and networking resources to bring excellence to entrepreneurship support and the process of assisting early-stage companies worldwide.

Copyright © 2009 NBIA