Accredited Business Incubator (ABI)
The Benefits of Business Incubator Accreditation
The world as we know it is changing at an unprecedented pace. The world of today looks very little like the world of yesterday. And quite likely the world of tomorrow will look nothing at all like the world of today. As we move through the Fourth Industrial Revolution, countless new world-changing technologies will be developed and put to use for a broad range of new purposes. In many cases this is changing not only the products and services we consume, but how society operates. For business organizations, this is opening up whole new worlds of opportunity, not only for new offerings, but for entirely new business models that never existed before.
The time is ripe, therefore, for new entrepreneurial ventures to rise up – ventures who are prepared to deliver the new business models and value propositions that stand to move us from the world of yesterday and today to the world of tomorrow. For this to happen, however, the world needs the oases that nurture and support these nascent young ventures as they begin their journeys forward into the world. The world needs Business Incubators capable of giving these ventures the resources and leads they need to start on solid ground.
Yet how does one ensure that a given Business Incubator has the necessary resources and capabilities it needs to get these new ventures off the ground in a robust and effective manner? What indicators are there that a particular Incubator has what it takes to succeed in getting new business ventures launched, operational, and eventually profitable? For this, a credible and reliable accreditation standard is required.
The GInI Business Incubator Accreditation is such a credible and reliable accreditation standard – a means by which leaders the world over can develop confidence in the design, operation, and capabilities of their Incubators. Indeed, the GInI Business Incubator Accreditation stands alone as the only such standard in the world, setting the benchmark to which all world-class Incubators aspire.
Accreditation of a Business Incubator by the GInI Accreditation Center thus offers several valuable benefits:
• Affirmation of the operating organization’s ongoing commitment to entrepreneurship and the regional impact this offers.
• Confidence that the design, operation, and capabilities of the Business Incubator are optimized for its intended purposes.
• Peer recognition for achievement to a globally-recognized benchmark standard.