On Monday, July 17, 2017, Alberta's Minister of Economic Development and Trade awarded $1.5 million in funding over a two-year period to Edmonton-based innovation incubators including The Northern Alberta Business Incubator (NABI), Startup Edmonton, TEC Edmonton, and the Northern Alberta Institute of Technology (NAIT). The funding will provide Edmonton area innovators and entrepreneurs with more programs and support to turn their ideas into viable businesses.
For NABI specifically, this funding will allow the St. Albert-based incubator to engage twice as many entrepreneurs than would otherwise would have been possible. The additional resources will allow NABI to provide increased accessibility to programming and services to Alberta’s innovative thinkers.
“As Alberta’s economy faces a major shift away from the oil & gas industry, there is hope for the future of our province. At NABI, we believe entrepreneurs and small business owners are the driving force that will lead us through this transition and build our economy back up. For 28 years, NABI’s goal has been to help Alberta’s entrepreneurs discover what they need to develop successful, sustainable businesses; now more than ever their success is tied to our province’s future wellbeing which is why this funding is so important.” - Aaron Budnick, Program Director for Northern Alberta Business Incubator (NABI).
NABI provides entrepreneurs and small businesses access to office spaces, marketing resources, path finding advice, coaching, inspiration, capital and the networking connections they need to improve their probability of survival and success at 5 years to 80%.
To learn more about how NABI is supporting entrepreneurs in Alberta, contact NABI’s Media Relations Manager, Stephanie Woods at Stephanie@powerhousecmo.com.
Northern Alberta Business Incubator Society (NABI)
13 Mission Avenue
St. Albert, AB T8N 1H6
200 Carnegie Drive
St. Albert, AB T8N 5A7
Hours of Operation:
Monday to Friday 8:00am-4:30pm
Mountain Standard Time (MST)
Closed Saturday, Sunday and Holidays
Directions to NABI: Click Here