Congratulations to Our Members for Their Exciting Contributions to Serving Entrepreneurs!
For Immediate Release
ORLANDO, Florida – InBIA is honored to present our IMPACT Awards for April 2018. These incredible entrepreneurship centers are creating economic impact in their communities through a variety of programs, spaces and services that serve the entrepreneurs and early-growth companies that are the engines of job creation. The five award categories include Technology; Mixed-Use; University; Rural; and Specialty.
InBIA IMPACT Award in Technology
Tampa Bay Wave — (Tampa, FL)
Tampa Bay Wave is a 501(c)(3) nonprofit organization that helps tech entrepreneurs build, launch, and grow their startups into breakout businesses. Wave’s nationally-recognized accelerator programs provide tech entrepreneurs with the resources they need to scale their startups, including access to our 200+ mentors, 100+ investors, and exclusive events with key stakeholders in the tech community.
In early 2018, Wave collaborated with The Nielsen Foundation to launch the TechDiversity Accelerator program, which is a 90-day program designed for early-stage tech companies 51% owned, controlled, and operated by a minority; woman; veteran or lesbian, gay, bisexual, or transgender person; or combination thereof. In addition to the accelerator programs, Wave hosts several specialty programs including the Women Entrepreneurs Forum, Veteran Entrepreneurs Forum, and Friends of Wave. Wave is also the only Florida-based accelerator program that is an official member of the Global Accelerator Network (GAN).
InBIA IMPACT Award in Mixed-Use
INCubator @ Hamilton County Business Development Center— (Chattanooga, TN)
Supported by both Hamilton County and award-winning Chattanooga Area Chamber of Commerce, the INCubator is a 127,000-square-foot, mixed-use facility located on the Northshore of Chattanooga, TN. As the largest incubator in the southeast and the third largest in the United States, INC is home to companies such as Branch Technology, the world’s largest 3D printer, and The Rustic House, a woman owned candle manufacturer. INC clients have generated revenues of over $17 million, 80% of which was pumped back into the Hamilton County economy. Passionate about creating an inclusive entrepreneurial community, INC reached 45% minority or woman owned businesses in 2017 and plans to increase representation of both demographics in its community.
With so many different companies, how does the INCubator help them all grow? The INCubator partnered with the Tennessee Small Business Development Center (TSBDC) to provide one on one business coaching and counseling to each of our clients. For 30 years, the INCubator has been one of many stops in Chattanooga’s entrepreneurial ecosystem. Without the mutual support of our city-wide partners, the INCubator wouldn’t be able to support its clients.
InBIA IMPACT Award in University
BWTech’s Life Science & Cyber Incubator — (Baltimore, MD)
[email protected], located adjacent to the University of Maryland Baltimore County (UMBC) campus, is a 71-acre research and technology community that is home to the Cyber and Life Sciences Incubators. The Cyber [email protected] is a unique, innovative business incubation program that houses over 50 early-stage companies providing cybersecurity-related products and services.
The Life Sciences [email protected] is a nationally recognized life science and technology business incubation program that houses over 45 early-stage bioscience and technology companies. Clients of the incubators enjoy business support services from bwtech’s experienced entrepreneurial services team, shared reception areas and conference rooms, affordable offices and wet lab space, and a strategic location along I-95 only five minutes from BWI Airport and less than 15 minutes from Fort Meade and the National Security Agency. Clients also enjoy access to UMBC resources including student talent, faculty and core facilities.
InBIA IMPACT Award in Biotech/Cleantech
Massachusetts Biomedical Initiatives (MBI) — (Worcester, MA)
Massachusetts Biomedical Initiatives (MBI) is dedicated to job creation and innovative healthcare throughout Massachusetts by promoting the growth of start-up biomedical companies. MBI is committed to collaborating with the academic business and government communities to promote Massachusetts as the world leader in the life & health sciences industry.
MBI is home to 31 innovative biomedical companies who are advancing the future of healthcare. Founded in 1985, MBI’s incubator model has resulted in a 76% success rate among its 95 proud graduate companies. Over 700 people work at MBI companies, which have created a cumulative economic impact of over $800M since the year 2000. MBI is also an industry advocate and economic development agency with a current focus on growing biomanufacturing throughout the Commonwealth’s burgeoning biomedical corridor.
InBIA IMPACT Award in Rural
Cleveland Bradley Business Incubator — (Cleveland, TN)
The Cleveland Bradley Business Incubator opened in July, 2000 as a mixed-use incubator located in the rural community of Cleveland, TN. Since opening, CBBI has assisted 172 businesses through the most vulnerable stage in the life of a business: the startup process. Collectively, these businesses have created over 700 new jobs in the Cleveland/Bradley County, and surrounding areas.
In addition to low-overhead, CBBI provides a plethora of services from state-of-the-art telecommunications and internet services, 24-hour access, mentoring and counseling services, and educational opportunities. Currently, 45 businesses call CBBI home.
InBIA IMPACT Award in Specialty
Rutgers EcoComplex — (Bordentown, NJ)
The Rutgers EcoComplex is New Jersey’s clean energy innovation center for research, outreach and business incubation. It serves as a regional hub for industry, academia and government by providing access to a network of applied research, specialized facilities, technical expertise, and business incubation services. EcoComplex is also home for a new program called “EcoIgnite: Clean Technology Proof of Concept Center & Accelerator Program.”
The EcoComplex’s goal is to accelerate the commercialization of new technologies and business concepts that address pressing energy, environmental, and sustainable agriculture issues facing New Jersey, nationwide and worldwide. Organic waste-based feedstock for clean energy production is emphasized as well as food/energy/water nexus concepts that conserve and recycle and as many resources as possible in achieving closed-loop systems. Our region serves as an excellent launch pad for foreign and domestic startup businesses in these areas because of our high population density and easy access to valuable markets. The EcoComplex provides a distinctive focus and array of capabilities unique in the nation.