Monday, November 24, 2014
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Recent NABI Blog Posts

Recent Posts

  • The Billion Dollar Road to Entrepreneurship Posted last week
    If someone were to ask you to name a billionaire, your answer might be Bill Gates or Mark Zuckerberg. But here’s a name you should know: Elizabeth Holmes. The 30-year-old Holmes is one of the world’s youngest billionaires, tied with Zuckerberg in age, but her name is far less well-known. And although Holmes is new to the billionaire club, she’s spent the last 11 years working on her successful start-up, Theranos. No, Theranos isn’t the new Facebook – but it could save your life. Theranos, which is a combination of the words “therapy” and “diagnosis,” is taking Silicon Valley by storm, and is poised to revolutionize health care across America, or potentially, the world. The company has developed tools to take the nasty needle out of bloodwork. With a single pinprick, Theranos software can run important medical tests. When the new blood analysis technology was realized, Holmes and her team set their sights on a lofty goal: “We started thinking about how to make this service accessible to those people. And to us, that meant going to them and creating a framework ...
  • Small Business From Your Basement to An Office: When is the Right Time to Make the Move? Posted 2 months ago
    You’re in good company if you began your entrepreneurial journey with a laptop in your basement. Whether you’re an inventor, accountant, or website developer, it’s likely you’re following the path of many other small business owners: humble beginnings at home, followed by the momentous move into a professional office of your own. Picture your office: Is it a simple desk in a shared coworking space? Or will you lease an entire floor of a skyscraper? Successful entrepreneurs inevitably face the question, “How will I know when it’s the right time to expand?” Here are a few ways to know that you need to move beyond the basement: ·         You meet clients in person regularly. Bringing clients into your home isn’t the most professional way to do business. Regular visits to coffee shops can get expensive pretty quickly, too. ·         Home life gets in the way of your work life. Some of us simply aren’t cut out to move past home distractions like chores, pets, and TV. ·         You can forecast your company’s financial future. If you feel confident about your company’s financial security for the next 12-24 months, ...
  • NABI is Recruiting for New Board Members! Posted 4 months ago
    We are looking for motivated, business-minded individuals to join the NABI Board of Directors! One of the most critical pieces of the NABI puzzle is the Board. The NABI Board provides vision for the organization and drives it forward. Key roles include goal setting, annual reviews, setting policies, and approving budgets. The Board works closely with the NABI Managing Director to review the organization's vision and key goals. The Board ensures business programs, coaching and full service facilities are available for attracting start up businesses and existing businesses, as well as developing procedures that reflect good business practices. Our current board members are very diverse, but they all share a passion for business incubation. You can learn more about our current board and view past annual reports by clicking here. NABI has been serving the needs of business owners in the St. Albert and surrounding area for 25 years. We offer office space, coaching, training, seminar and administrative support services to help grow existing businesses and kick start new business ideas. Whether it be a new or updated business plan or one-on-one business coaching, we ...
  • Lessons Learned from Slinging Street Scoops Posted 4 months ago
    On July 12th, young local entrepreneurs Austin Cunningham and Dean Ciampanelli launched Street Scoops! With NABI and the City of St. Albert working as mentors, the two Bellerose grads were able to launch the ice cream pop-up they had been working on for months, and had submitted as a proposal to the GENYCEO program prior to that.  The innovative idea was one we were all excited about, but it was a learning curve for the whole team. Since the launch just under two weeks ago, here are a few things we have learned about running a gourmet ice cream business: Make it easy for people to know what you’re selling. Many people walked past us on the trails behind the tent and trailer. It was clear that something exciting was happening, but because we didn’t have a logo facing the trails, they weren’t quite sure what they had stumbled upon. One of the first things Austin and Dean did after launch day was order more signage. Be prepared for special requests! We had planned on single ice cream by the single scoop, ...
  • No News is Good News for Startups Posted 5 months ago
    An interesting "non-news" story popped up from the East Coast earlier this week. When it comes to the startup world in Atlantic Canada, which is rapidly becoming a diverse and competitive landscape, not a single business really stands out, reports The Chronicle Herald. When it came to pitching competitions and newsmakers, a few businesses stood out, especially in the biotech sector, but there weren't many losers. What does that mean for startup culture and community in the East provinces and across Canda? The Chronicle Herald's conclusions is that this non-news is actually good news. It means that the startup community is maturing into the kind of ecosystem that allows a diverse selection of startups to co-exist. More demand means more opportunities. That is, as long as they all stay competitive enough to stay.
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Upcoming NABI Events

Nov26 Business Start-up Seminar Series
11/26/2014 6:30 PM - 9:30 PM
Dec3 NABI Presentation at Morinville Chamber of Commerce
12/3/2014 12:00 PM - 1:00 PM
Dec18 NABI Christmas Party
12/18/2014 4:00 PM - 6:00 PM
Jan13 Small Business Mortgage Financing Seminar
1/13/2015 9:00 AM - 10:30 AM
Mar26 NABI Business Venture Lab
3/26/2015 6:00 PM - 9:00 PM
Apr2 NABI Business Venture Lab
4/2/2015 6:00 PM - 9:00 PM
Apr9 NABI Business Venture Lab
4/9/2015 6:00 PM - 9:00 PM
Apr16 NABI Business Venture Lab
4/16/2015 6:00 PM - 9:00 PM
Apr23 NABI Business Venture Lab
4/23/2015 6:00 PM - 9:00 PM
Apr30 NABI Business Venture Lab
4/30/2015 6:00 PM - 9:00 PM
May7 NABI Business Venture Lab
5/7/2015 6:00 PM - 9:00 PM
May14 NABI Business Venture Lab
5/14/2015 6:00 PM - 9:00 PM
May21 NABI Business Venture Lab
5/21/2015 6:00 PM - 9:00 PM

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NABI
Northern Alberta Business Incubator Society

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