BU Incubator Program One of 19 Globally to Earn NBIA Designation

in Entrepreneurship, News, School
January 3rd, 2011

The National Business Incubation Association (NBIA) has again awarded the NBIA Soft Landings International Incubator designation to the Boston University International Incubator Program, a renewal of the designation BU first received in 2008.

Boston University’s is one of only 19 business incubation programs from around the world that have earned this designation since NBIA began awarding the designation in 2005.

“The International Incubator Program is just one of the many ways we bring the world to BU and connect our students with world-class entrepreneurs.”

–Paul McManus, Managing Director, Boston University Institute for Technology Entrepreneurship & Commercialization

Through its Soft Landings program, NBIA recognizes incubation programs that are especially capable of helping non-domestic companies enter the incubator’s domestic market, catalyzing the process of starting and growing companies by providing entrepreneurs with the expertise, networks, and tools they need to make their ventures successful.  NBIA notes that this is especially important for non-domestic firms because they require more than the standard set of incubation services.

A panel of experienced incubator managers for NBIA singled out Boston University’s program for  “accentuat[ing] its standard incubation services with programs tailored specifically to non-domestic firms, including help with licensing and permits, support with legal and accounting networks, and assistance in building management teams.”

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