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FYI
News and announcements of interest to NBIA members
October 23, 2008
Federal laboratory competition focuses on college technology businesses
Oak Ridge National Laboratory is taking applications for its 2009
Global Venture Challenge, which offers cash prizes for innovative
business ideas from young entrepreneurs.
The 2009 challenge focuses on energy. A team of judges will evaluate
submissions from teams of graduate students that represent innovative
product ideas that address current market needs and could become
viable businesses. The top team will take home $25,000. In addition,
this year's event will include a high school competition, with scholarships
of up to $4,000 as prizes.
Finalists will gather at ORNL March 25-27 to tour the facility,
network with one another, and meet venture capitalists and others
who could support their businesses. The accompanying Energy Venture
Showcase will highlight start-up companies in bioenergy, energy
efficiency and renewable energies.
The initial one-page team application is due Feb. 2, 2009. For
details, visit www.globalventurechallenge.org/.
In the October NBIA Review:
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Hit 'refresh'
The only thing worse than not having a Web site is having an
outdated one. Refreshing your Web site's design, content and
features will put your best virtual face forward — and
can even make it easier to keep it fresh. |
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Don't let incubation
remain a best-kept secret
NBIA plans to ramp up its efforts to publicize the business
incubation industry — but we can't do it without your
help. |
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Measuring
up
NBIA partners with the University of Michigan, the University
at Albany and Cybergroup for a federally funded study of business
incubation impacts and their link to best practices. |
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Incubator
sponsors, board members play important role
Strategic issues incubator board members, sponsors and other
stakeholders should consider to ensure the program's long-term
success, as outlined by NBIA President & CEO Dinah Adkins. |
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NBIA bids farewell
to two board members
A look back at service rendered to the association and the industry
by outgoing board members Joel Wiggins and Jim Sanders. |
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Environmental Business
Cluster: 2008 Randall M. Whaley Incubator of the Year
A look at a program that was environmentally conscious long
before "An Inconvenient Truth." |
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Members
solution network
Attracting new clients
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The
worst mistake I ever made
"We messed up a client's mail — and they got audited
because of it!"
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Spotlight on Practice
Internships are part of a broader vision for a Wyoming incubator
… New Hampshire incubator puts regional expertise to work
for clients, public |
Coming
soon: New industry impact data
NBIA will be partnering with the University
of Michigan, the University at Albany-SUNY and Cybergroup
over the coming year to collect updated information
about the economic impact of business incubation and
business incubation best practices. In June, the U.S.
Economic Development Administration awarded the group
$250,000 for a yearlong project to create tools to help
incubator managers measure their program’s performance
and evaluate their compliance with industry best practices.
This effort marks our first examination of industry
outcomes since the 1997 release of Business Incubation
Works and our first attempt to demonstrate concretely
whether adherence to best practices leads to better
results. Watch for more details about the project in
the October issue of NBIA Review. If you haven’t
been collecting economic impact data on your program,
it’s not too late to start: Visit www.nbia.org/impact/
to access Measuring Your Business Incubator’s
Economic Impact: A Toolkit today!
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