NASVF Forms Alliance with National Business Incubation Association
The National Association of Seed and Venture Funds (NASVF) and the National Business Incubation Association (NBIA) are joining forces to create more opportunities to link investors with entrepreneurs.
The two associations have signed a Memorandum of Understanding (MOU) and have created a dual membership to increase education and communication among members of both organizations. Through this alliance, NASVF and NBIA seek to create more networking opportunities and make available additional resources to encourage dialogue between business owners and funders.
“I am really excited about forging a partnership with NASVF, as we hope this will bridge the gap between entrepreneurs and investors,” said NBIA President and CEO David Monkman. “We understand that this is a central concern to our members and their clients.”
Business incubation programs facilitate the process of starting and growing companies by providing entrepreneurs with the expertise, networks and tools they need to make their ventures successful. NBIA estimates that in 2005 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion. Approximately 7,000 business incubators operate worldwide. NBIA’s membership includes more than 950 organizations in over 55 countries, encompassing 1,880 industry professionals.
"NASVF is very pleased to promote this dual membership as we strive to cooperate with industry partners in growing innovation capital, creating job growth and increasing job opportunities throughout America,” said Jim Jaffe, NASVF president and CEO.
The two associations have created a dual membership to increase education and communication among members of both organizations. Through this alliance, NBIA and NASVF hope to create more networking opportunities and make available more resources to encourage dialogue between business owners and funders. Membership is $950, and this promotion is offered through March 31, 2010.
To apply for membership, click this link. Also add: For more information contact Kelly O'Day, VP Membership at kelly@nasvf.org or 207-653-7648.
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Member Spotlight
The Southeastern Universities Research Association (SURA) announces The University of Regina has accepted an invitation to become a member of the organization, making it the first university outside the United States to become part of the elite group. The university was invited to apply for membership in SURA because of its long-standing and leading-role research work, including a $310 million international research effort into how matter is held together. Part of that project may help physicists learn more about protons and neutrons and how they are bound together.
SURA, a NASVF member, is a consortium of over 60 leading research institutions in the southern United States and the District of Columbia established in 1980 as a non-stock, nonprofit corporation. SURA serves as an entity through which colleges, universities, and other organizations may cooperate with one another, and with government and industry in acquiring, developing, and using laboratories and other research facilities and in furthering knowledge and the application of that knowledge in the physical, biological, and other natural sciences and engineering. For more information, visit
www.sura.org.
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