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What is the New Jersey Incubation Network (NJBIN) and what is its mission?
NJBIN is a collaborative of 12 business incubators in New Jersey that support the R&D and commercialization of primarily technology and life science start-up to early-stage and expansion companies in New Jersey. (more...)
The U.S. Small Business Administration (SBA) Office of Technology administers the Small Business Innovation Research (SBIR) Program. Through this competitive program, SBA ensures that the nation's small, high-tech, innovative businesses are a significant part of the federal government's research and development efforts. Eleven federal departments participate in the SBIR program. (more...)
Illumination Machines is moving into light emitting diodes (LED) light bulb design and licensing in response to the ban of incandescent light bulbs that will become effective in the United States on January 1, 2012. The company has produced an optical solution to converting LED technology into omnidirectional light distribution required to replace the incandescent bulb. With 50 percent of lighting fixtures requiring an omnidirectional beam, this solution is crucial to integrating efficient LED technology into the lighting industry. Illumination Machines produces its own intellectual property related to LED lighting and has 23 patents pending. (more...)
Investor Insight: Michael Doyle of Goldin Ventures
Early stage technology companies that have just completed the “birthing” and commercialization phase and are poised to enter the acceleration phase are at a very awkward stage. In all likelihood, they have had the financial support of angel investors up to this point, but their pending growth brings financial needs that are too great for angel investors and not large enough for venture capitalists. Michael Doyle, president of Goldin Ventures, sees that point in a business’s lifespan as his best window of investment opportunity. (more...)
People 2 Business Teams Up Startups, Executive Mentors
An untold number of tomorrow’s greatest companies are operating in basements and garages all over the world. In New Jersey, many of them eventually find their way into one of the state’s 12 business incubators where entrepreneurs are eager to connect with potential guidance from those who’ve “been there, done that.” (more...)
Business Incubation in the News
Chief Counsel Testifies, Calls for Repeal of 1099 Requirement
New SBA Initiatives to Increase Lending to Underserved Communities
U.S. Legislative Updates
By Erik Pages
November’s midterm elections ushered in some big changes in Washington, D.C. In the aftermath of what President Barack Obama referred to as their “shellacking,” Democrats are trying to regroup. Meanwhile, Republicans are getting ready to assume leadership of the House of Representatives. By gaining control of the House, Republicans assured that they would hold the chairmanships and larger staffs on all House committees. We will outline details of these changes in an upcoming issue. (more...)
Where Are All the Stimulus Dollars?
The National Business Incubation Association (NBIA) is the world’s leading organization advancing business incubation and entrepreneurship. Each year, it provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. An elected, voting board of directors representing the world's leading incubators governs the association.
The New Jersey Business Incubation Network (NJBIN) is a collaborative state-wide community of business experts, resources and facilities dedicated to enhancing the commercial success of early-stage entrepreneurial companies, growing higher paying jobs in New Jersey and supporting the Economic Growth Strategy for the State.
Copyright © 2011 NBIA