The Sid Martin Biotechnology Incubator of Alachua, Fla., a program of the University of Florida, has been named a finalist for the National Business Incubation Association’s 2013 Dinah Adkins Incubator of the Year award in the technology focus category.
The winner of the prestigious award will be announced April 9 at NBIA’s 27th International Conference on Business Incubation in Boston.
Sid Martin Biotechnology Incubator’s mission is to provide space, equipment and support services to expedite research and commercial development of promising biotechnologies in the context of viable, well-managed start-up companies that will benefit the university both economically and academically.
Business incubation programs like the Sid Martin Biotechnology Incubator catalyze 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 2011 alone, North American incubators assisted about 49,000 start-up companies that provided full-time employment for nearly 200,000 workers and generated annual revenue of almost $15 billion.Approximately 7,000 business incubators operate worldwide.
The National Business Incubation Association is the world’s leading organization advancing business incubation and entrepreneurship. Each year, the NBIA Incubation Awards honor the business incubation programs, graduates and client companies that exemplify the best of the industry.