NBIA is proud to present the 1997 NBIA Awards Program winners. The clients, graduates and incubation programs celebrated here exemplify the best of the industry.
1997
Incubator of the Year
The Incubator of the Year award honors exemplary NBIA member incubation programs.
To qualify for the award, an incubator must have on-site management, provide
a full range of business development services and must have a policy that provides
for graduating companies.
From the Incubator of the Year finalists, NBIA recognizes one incubator as the Randall M. Whaley Incubator of the Year. This award, which recognizes overall excellence in business incubation programs, is dedicated to the memory of Dr. Whaley, NBIA's chairman of the board from 1985-88. The Friends of the University City Science Center, comprising prominent Philadelphia business people and academics who worked with Dr. Whaley, endow this award.
And the winners are ...
1997
Client of the Year
The Client of the Year award recognizes outstanding client companies
of NBIA member incubation programs. An incubator client may be
an on-site
company or one that receives full incubation services through
an affiliates (outreach) program. A company that has participated
only in a stand-alone
program (microloan borrower, seminar open to public, etc.) is
not
eligible.
And the winners are ...
1997
Graduate of the Year
The Graduate of the Year award recognizes companies that are
successful by anyone's measures. An incubator "graduate" company
has met an incubation program's specified exit criteria. It may
have been
an on-site
client or company that received full incubation services through
the incubator's affiliates (outreach) program. A candidate may
now be an
anchor tenant
that resides in the incubator but has ceased to use incubator business
development services.
And the winners are ...
1997
Innovation Award
The Innovation Award honors an incubation program innovation
that benefits clients by either going beyond normal incubation
services
or introducing
a creative way to implement an "old" idea. The project,
program or activity can be of short or long duration. The incubation
program
must
have implemented the innovation for at least six months at the
time of the application. In the case of shorter-term projects,
the innovation
must be complete at entry deadline.
