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Welcome to the NABI Blog. Our Blog is intended to inform, explain, clarify and raise awareness on current business topics and issues. Do you have a story you would like to share on our blog or be featured in our newsletter? Simply send an email and tell us what you want us to know. We want to hear about your success stories.


MY CITY: Of mules, markets and business incubators SuperUser
by DAR SCHWANBECK, NABI executive director If the mule can be a metaphor for the qualities of a small businessperson or farmer — hard-working, even-tempered, intelligent, and requiring less food than a horse of the same size — then maybe a farmers’ market can be a good parallel for a business incubator. Since St. Albert has both, let’s check this out. A farmers’ market is a retail market featuring goods sold directly by farmers to consumers. Due to the growing interest in healthier foods and local products, there were about 6,000 farmers’ markets in the United States in 2012. In St. Albert, the Farmers’ Market is in its 31st year, has over 250 vendors and serves about 15,000 people each summer; economic contribution may be in the range of $5 million to $10 million. Business incubators help with the process of starting and growing companies. They offer shared office services, access to equipment, flexible leases and expandable space, all under one roof. There are about 2,500 business incubators in North America. In St. Albert, the Northern Alberta Business Incubator Society (NABI), now in its 24th year, is home to about 100 small businesses, which, in 2012, generated $70 million in sales and a payroll of about $12 million. So far, we see strong parallels between farmers’ markets and incubators. Each provides business frameworks where small entrepreneurs can succeed. But what else? At markets, farmers can gain new sources of revenue, get higher prices, diversify their skills, access networking and learning opportunities and reduce their costs for land, buildings and lighting. In incubators, entrepreneurs get just the space they need — no more, no less. Most have short-term leases that reduce the risk of starting a business. They get the support services they need, and can access all sorts of learning opportunities. Seems entrepreneurs have a lot in common with farmers! With both, more money is spent locally, and it circulates longer. Both provide .....

You're Invited to join us at the Regional Business Symposium 2013, Thursday, June 20th! SuperUser
Our very own Managing Director, Dar Schwanbeck, has been asked to present one of the Business Seminars in the morning. Join us along with Keynote Speaker David Chilton, Author of the Wealthy Barber and the Wealthy Barber Returns and the newest member on CBC TV’s Dragons’ Den, along with other experts, for the 2013 Regional Business Symposium.  This event is intended for all business sectors and will:  Motivate Entrepreneurial Spirit through Keynote Speaker David Chilton Provide Opportunities to Participate in Seminars and Discussions Provide Opportunities to Network and Visit Informational Displays Showcase a Regional Business Panel to Share Challenges and Success Stories Provide Essential Tips and Tools for Businesses View the full program here! Thursday, June 20, 2013 10:00 am - 4:30 pm To purchase tickets contact the Morinville Community Cultural Centre 780-939-7839 or on-line www.tixonthesquare.ca

Sales, the essential life skill SuperUser
Join us on: Thursday, June 13, 2013 9:00 am - 12:00 pm Campbell Classroom Many people cringe when they hear the word sales as it brings up thoughts of pushy sales people in plaid coats. Yet in life over 40% of what we do in our jobs is connected to our ability to influence others, or sell. This essential life skill can make all the difference to our success. Join us for this interactive workshop that will provide you with some tools that you can apply immediately to increasing your success and influencing others.

Do you have what it takes? SuperUser
CALLING ALL GRADE 10 and 11 STUDENTS,  DO YOU... Have a great idea for a business? Demonstrate an aptitude in the areas of math, science and technology along with an interest in entrepreneurship? YOU COULD BE THE NEXT BIG THING! Learn the best way for a business to compete, identify capital needs, and devise a plan for successful management in NABI's youth Entrepreneurship Academy, July 8-11, 2013! Northern Alberta high school students entering grade 11 or grade 12 in September 2013 who meet the criteria are eligible to be nominated. Students may be self-nominated or nominated by a teacher, principal or community leader. Find out more information at www.nabi.ca/EA *Early Bird Rate: Please return your nomination form, testimonial and essay on or before May 17, 2013 and we will waive the $100 application fee .

The numbers are in! NABI's 2012 Economic Impact SuperUser
At the end of 2012, NABI was home to 60 small businesses and 3 not-for-profit organizations.

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NABI

Northern Alberta Business Incubator Society (NABI)


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Mission Centre 

13 Mission Avenue
St. Albert, AB  T8N 1H6

Email:     info@nabi.ca
Phone:   780.460.1000
Fax:        780.460.7205
 

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Campbell Centre

200 Carnegie Drive
St. Albert, AB  T8N 5A7

Email:     info@nabi.ca
Phone:   780.460.1000
Fax:        780.460.7205
 

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NABI Commons

Address TBA
St. Albert, AB  T8N 5A7

Email:     info@nabi.ca
Phone:   780.460.1000
Fax:        780.460.7205
 

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